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Citi report finds meeting higher CAFE/GHG standards likely to bring higher profits for all automakers, nearly $2.5 billion in extra profits for Detroit Three
Green Car Congress April 5, 2012 Automakers will likely make billions more dollars in profits under proposed new national gas mileage and emissions standards that will be finalized later this summer, according to a new report produced by Citi Investment Research and Analysis in collaboration with Ceres and the Investor Network on Climate Risk; Oakland University’s School of Business Administration; Baum and Associates; and Meszler Engineering Services. Read more…
