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Delay reduces immediate compliance costs for automakers, potentially boosting near-term margins for BMWYY; risk remains until rewrite specifics are clarified.
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Major automakers backed the EPA's plan to delay enforcement of a rule requiring large cuts in vehicle pollution for two years, with emphasis on a rapid rewrite afterward. The delay could reduce near-term capex and operating costs for BMWYY and peers, but overall impact depends on the forthcoming rewrite timeline and any new standards that emerge.
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