Automakers are coming under increasing pressure to sell zero-emission vehicles to U.S. consumers who haven’t shown much interest in them, with more states following California’s lead in setting sales targets.
Automakers are undermining the progress they’re making in expanding the market for electric cars and other zero-emission vehicles by petitioning against California’s mandates, a state regulator said today.
The U.K. Financial Conduct Authority has started an inquiry into how the so-called ISDAfix rate is set in British pounds, widening a price-manipulation probe into benchmark interest-rate swaps that began in the U.S.
A National Transportation Safety Board recommendation for states to lower the definition of drunken driving to a blood-alcohol reading of no more than .05 percent failed to earn immediate support from groups the board considers allies.
U.S. carmakers and engine manufacturers asked an appeals court to force the U.S. Environmental Protection Agency to reconsider its October decision allowing the sale of gasoline with 15 percent ethanol.