Australia’s GM Holden Ltd. may have to extend its Pontiac G8 export program now that parent company General Motors Corp. has put its U.S. rear-wheel-drive programs on hold in the face of proposed stiffer corporate average fuel economy standards in its home market. GM’s decision follows the Bush Admin.’s recently proposed plan to raise CAFE standards 4% per year, from the current 27.5 mpg (8.5 L/100 km) to 34 mpg (6.9 L/100 km) by 2016. It also is a reaction to the U.S. Supreme Court’s ...
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