Automakers resigned to meeting strict fuel challenge

Dec 05, 2007 | 03:22 PM | Michael Cowden

The energy bill pending before the House of Representatives could mean strict new fuel efficiency standards, but many automakers appear grudgingly ready to accept the changes.

The legislation is said to contain language that could boost corporate average fuel economy (Cafe) standards for cars and trucks to 35 miles per gallon by 2020. That's reported to be as much as a 40-percent increase over current fuel-efficiency standards.

The White House is opposed to such strict regulations, but reaction among the auto industry appeared less strident Wednesday. Many carmakers might not like the new standards, but they at least seem pleased at the possibility of having a national policy to guide their planning.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results