WASHINGTON (dpa-AFX) - General Motors Company (GM) received a penalty of
$145.8 million over excess emissions from around 5.9 million vehicles of the
2012-2018 model full-size pickups and SUVs, and midsize SUVs, according to a
report by Reuters.

The issue came to light after the Environmental Protection Agency or EPA's
investigation found that the automaker's 2012-2018 model vehicles released over
10 percent higher carbon dioxide than the company's initial compliance records.

The EPA said the company has agreed to give up around 50 million metric tons in
carbon allowance.

Meanwhile, the National Highway Traffic Safety Administration stated that the
company will pay the penalty as well as cancel over 30.6 million fuel economy
credits for the 2008-2010 model years to resolve the issue.

The US-based company commented that it 'has at all times complied with and
adhered to all applicable laws and regulations in the certification and in-use
testing of the vehicles in question', adding that 'this is the best course of
action to swiftly resolve outstanding issues with the federal government
regarding this matter.'

Currently, General Motors is trading at $46.54, down 0.86 percent on the New
York Stock Exchange.



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