Car makers spent millions in fines for not reaching mileage goals

According to Forbes, carmakers such as BMW and DaimlerChrysler paid nearly $32 million in fines for not reaching the goal in mpg. For 2006, the required mpg for cars is 27.5 mpg and for light trucks it's 21.6 mpg. Neither requirement is all that strenuous, and it's surprising that automakers can't hit the mark.

It's also surprising the fines are so low. Automakers can afford to ignore these requirements by budgeting for the fines.

Read the full Forbes article on BMW, Others Pay Fuel Economy Fines.

Tags: fines, automakers, hybrid, government