The Auto Industry Won’t Fall For The Fuel Economy Rug-Pull
The Trump administration has decided that America needs a breather from fuel economy regulations—you know, those innovation-through-necessity measures that have saved U.S. consumers an estimated $5 trillion at the pump over the years.
In the eyes of an automaker executive, the pullback on fuel economy standards might seem like a win at first. Less-strict standards mean no longer needing to squeeze every last mile per gallon from the cylinder walls like blood from a stone, and in theory, that means cheaper new cars. But it’s not that simple.
Industry trade group CALSTART shares its concerns:
When combined with other recent regulatory changes being proposed at the federal level, this proposal compounds a significant shift in direction to which the industry will need to adjust at incredibly short notice, creating uncertainty and undermining investor confidence.
Coverage also seen in Rouler Electrique.