Auto industry backs new fuel standards
Aug 29, 2012 | 03:38 PM
| Corinna Petry
CHICAGO North American auto industry players have welcomed the finalized national standards for fuel economy and greenhouse gas emissions.
The U.S. Environmental Protection Agency and the Department of Transportation finalized the standards Tuesday, which apply to passenger cars and light trucks built from 2017 through 2025.
By 2025, the average car will achieve a fuel economy performance equivalent to 54.5 miles per gallon, nearly double that of cars on the road today, Transportation Secretary Ray LaHood said, saving consumers money on fuel purchases, curbing pollution and lowering U.S. crude oil consumption.....
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