Porsche hopes to be considered ‘low-volume’ in order to avoid fines

Porsche is hoping that it U.S. regulators will consider it a “low-volume” automaker in order to avoid paying huge fines for missing fuel-economy standards. According to Federal law definitions, a “low volume” auto maker has a global annual production of 10,000 vehicles and regulators can go easy on fuel-economy standards for such automakers.

But a new bill that the Senate passed recently, will raise fuel-economy standards and will redefine a “low volume” automaker as one with less than 0.4 percent of the U.S. market. This year, that would be 64,000 units in sale.

Porsche hit a record in U.S. sales last year with 34,227 units sold. Among other luxury automakers like BMW and Mercedes-Benz, Porsche would be the only one benefiting with the new bill.

Porsche paid out $3.0 million for light trucks in fuel-economy fines last year and $1.6 million for imported cars.

 

Source: Automotive News (Subscription Required)

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