Lutz: New fuel rules will hike GM vehicle prices by an average $6,000

Here.

Excerpt:

DETROIT -- General Motors Corp. Vice Chairman Bob Lutz said Sunday the new fuel efficiency requirements imposed by Congress last month would add $6,000 to the price of an average GM vehicle by the end of the next decade.

That's a more precise estimate than the one Lutz gave at the New York Auto Show in April.

"We've done even more research and it's going to be in the range of $4,000 to $10,000 with an average of about $6,000," Lutz said. "This is going to be a net average of cost of $6,000 per vehicle which will have to be passed onto the consumer. The good news is it won't come all at once, because 35 mpg doesn't kick in all at once."