GM Tech Costs to Drop by 20 Billion

General Motors will see its technology costs decline by over twenty billion dollars through 2031. The reduction follows newly finalized vehicle fuel economy rules by the US Transportation Department.

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Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly

GENERAL MOTORS CO will see technology costs drop by $20.4 billion through 2031 under revised vehicle fuel economy rules finalized on Monday afternoon, the United States Transportation Department said.

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