NHTSA floats supplemental plan to reinstate CAFE penalty hike

Biden officials at the National Highway Traffic Safety Administration (NHSTA) are proposing to reinstate Obama-era penalty increases for automakers that violate the agency’s corporate average fuel economy (CAFE) standards, a step the agency says could have major financial implications for one auto company. The move comes after years of administrative and legal wrangling over the CAFE penalties, with Trump officials trying repeatedly to delay or revoke the penalty hikes that were issued in response to a 2015 statute that requires...