EPA Applauds Deal with Industry on Strict Auto Fuel Standards
The Environmental Protection Agency reports that President Obama recently announced a historic agreement with thirteen major automakers to pursue the next phase in the Administration’s national vehicle program, increasing fuel economy to 54.5 miles per gallon for cars and light-duty…
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trucks by Model Year 2025. The President was joined by Ford, GM, Chrysler, BMW, Honda, Hyundai, Jaguar/Land Rover, Kia, Mazda, Mitsubishi, Nissan, Toyota and Volvo -- which together account for over 90% of all vehicles sold in the U.S. -- as well as the United Auto Workers (UAW), and the State of California.