BMWYY - Swedish Car Market Falls 32% After Imposing California-Style Emissions Taxation
One of the most important factors in valuing the future of the U.S. car market, and its impact to all major automakers, including Ford (F), General Motors (GM) and FCA (FCAU), is to assess the financial impact of the California-led emissions regulations. These laws have been adopted by several other states, and the details of phasing in this policy from now through the end of 2025 can be found in this document issued by the California Air Resources Board.
The geographic impact of these rules is to cover