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flag Australia’s new car emissions rules, starting July 2025, may cost automakers $2.7 billion in penalties by 2030 if they miss fleet targets.

flag Australia’s new vehicle efficiency rules, effective July 1, 2025, are projected to cost automakers $2.7 billion in penalties by 2030 if they fail to meet fleet-wide emissions limits. flag The New Vehicle Efficiency Standards (NVES) impose fines on high-emission vehicles and reward cleaner models with credits. flag Industry leaders warn these costs will likely raise car prices, with Honda stating most hybrids will exceed compliance thresholds by next July, prompting potential price hikes. flag Ford has already increased Mustang prices by $5,000 citing the policy, while Subaru anticipates future increases. flag Critics caution the rules may discourage upgrades, leading consumers to keep older, polluting vehicles. flag The government defends NVES as essential to prevent high-emission vehicle imports and align Australia with global climate goals.

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