General Motors Corp. expects the upcoming increase in U.S. corporate average fuel-economy regulations to cost the domestic auto industry more than $100 billion and also says it is not technically or fiscally feasible for the company to meet a potential tailpipe-emissions standard in California. GM makes the statement in its annual report today that also raises “substantial doubt” over the auto maker’s ability to execute its viability plan. California, as well as more than a dozen other ...
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