Automakers aren’t interested in building cars with exceptional fuel economy.
That’s despite a 2011 announcement by the Obama administration that requires automakers to raise fuel-efficiency standards to a fleet average of 54.5 miles per gallon. According to the former administration, that would save motorists $1.7 trillion in fuel costs over the life of the vehicles, while costing the auto industry about $200 billion over 13 years.
Automakers claim that the requirements are contrary to the desires of the public and want the fuel-economy regulation changed.
They’re appealing to the current president to make it happen. Continue reading >>>