10 Jul '16, 10pm
Auto Makers Pushing For A Rethink Of Fuel Economy Standards.
Auto makers are lobbying the federal government to rethink its mandate to raise average fuel economy to 54.5 mpg by 2025. The new rules are set to go into effect in 2018. The companies have several concerns about the tighter standards, but it all comes down to selling cars. They worry that consumers will not like the changes meeting the new rules will require and that will hurt sales. The car industry is hugely important to the US economy. A decline in sales could have a ripple effect that would take some of the steam out of an economy that is just showing signs of life after the debacle of 2008.