DOJ drops antitrust probe into automakers that want cleaner cars

California And Four Big Automakers Make Deal To Reduce Emissions

Photo by Justin Sullivan/Getty Images

The Department of Justice has closed an antitrust investigation into Ford, Volkswagen, Honda, and BMW over a vehicle emissions deal with California that reportedly “enraged” President Trump, The New York Times reports. The DOJ ultimately came to the conclusion that no laws were violated, the report states.

Trump has spent almost his entire presidency unsuccessfully trying to roll back Obama-era standards meant to increase the average fuel economy of automakers’ fleets, thereby making them better for the environment. He has since reportedly capitulated, and is now aiming for modest increases in fuel economy instead of a full rollback. The DOJ opened the probe last September a few months after the four automakers struck a deal with…

Continue reading…

via The Verge – All Posts

Check out the Finding Your Identity Podcast!

Tags: , ,
Travel Back Up To The Top!