Carmakers face EU CO2 fines
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Carmakers that fail to meet carbon dioxide emission caps by 2012 will face fines, the European Commission says.
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General Motors President Rick Wagoner on Tuesday said that new emissions targets the European Union is preparing to impose would prove to be a &quot;stretch&quot; for the world's biggest carmaker.
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The European Commission warns that Microsoft could face further fines for failing to comply with its anti-trust rulings.
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California on Wednesday sued six   of the world's largest automakers, including General Motors   Corp. and Toyota Motor Corp., over global warming, charging   that greenhouse gases from their vehicles have caused billions   of dollars in damages.
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The European Parliament's industry committee backs proposals to sharply cut CO2 emissions from cars.
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California filed suit against   Ford Motor Co., General Motors Corp., Toyota Motor Corp. and   three other carmakers on Wednesday, charging that greenhouse   gases from their vehicles have cost the state millions of   dollars.
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Germany's Angela Merkel denounces EU plans to fine carmakers that do not meet carbon dioxide emission caps.
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The issue of reducing carbon dioxide (CO2) emissions from cars has lodged in the brains of car industry executives, but the evidence under the bonnet at the Geneva car show is less conclusive.
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DALLAS -- Auto makers filed suit Tuesday to block California from forcing the companies to make cars and trucks that emit lower levels of global-warming gases.
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The European Union head office imposed fines totaling about &#36;283 million on three companies on Wednesday for carving up among themselves the European market for a chemical used to produce detergents, food and cosmetics.
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The European Commission warns that Microsoft could face further fines for failing to comply with anti-trust rulings.
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Germany's government plans to tax cars based on emissions instead of engine size to help tackle climate change, Transport Minister Wolfgang Tiefensee said.Comment
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DaimlerChrysler paid a $30 million fine in 2007, the most ever by an automaker, for failing to meet federal fuel-efficiency standards.
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The European Commission warned  Microsoft on Thursday it faced further fines in its antitrust  case for seeking unreasonable prices from software makers for  interoperability information.
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PSA Peugeot Citroen  Chief Executive Christian Streiff said a strong euro was a handicap for European automakers and would require extra efforts to reduce costs that could involve producing more in low-cost countries.
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German Chancellor Angela Merkel on Tuesday pledged to oppose a strict European Union limit on cars' average carbon dioxide emissions, arguing that different models should face different caps.Comment
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European competition regulators met on  Monday to discuss the amount of a fine it will impose on  software giant Microsoft  for failing to comply with a  European Commission antitrust decision.