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.