California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight

[Eugene]

Source: Reuters

ENVIRONMENT NOVEMBER 18, 2019 / 2:01 PM / UPDATED 2 HOURS AGO

California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight

David Shepardson
4 MIN READ

WASHINGTON (Reuters) - California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota, Fiat Chrysler and other automakers backing U.S. President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions.

Between 2016 and 2018, California purchased $58.6 million in vehicles from General Motors Co (GM.N), $55.8 million from Fiat Chrysler Automobiles NV (FCHA.MI), $10.6 million from Toyota Motor Corp (7203.T) and $9 million from Nissan Motor Co (7201.T).

Last month, GM, Toyota, Fiat Chrysler and members of the Global Automakers trade association backed the Trump administration’s effort to bar California from setting its own emission standards, which are significantly stricter than the Trump Administration proposal’s preferred option.

GM spokeswoman Jeannine Ginivan said in a statement it was unfortunate that California will stop buying its electric Bolt.

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Read more: https://www.reuters.com/article/us-autos-emissions-california/california-to-stop-buying-gm-toyota-and-fiat-chrysler-vehicles-over-emissions-fight-idUSKBN1XS2B2

[Sherman A1]

1. The GM Spokesperson

is I suppose happy to toss away $58.6M in sales????

The one thing I learned in decades of Retail work is "You can NEVER make up lost sales".