Trump's new lower fuel-economy rules will make cars cheaper, White House says
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Trump's new lower fuel-economy rules will make cars cheaper, White House says
"We have long advocated for one national standard that upholds customer choice and provides the auto industry long-term stability."
"As we review the proposal, we remain committed to offering the best and broadest portfolio of electric and gas-powered vehicles on the market."
"The only thing this does is make it easier for manufacturers to sell us less efficient cars that require more gas - and more money to fill up. That's a good thing if you're in the oil business, but not if you're in any other business,"
Average new vehicle prices have topped $50,000, intensifying affordability concerns. The Trump administration plans to roll back Biden-era fuel-economy regulations and will present details alongside major automaker CEOs. The White House claims the rollback would reduce the average new-car cost by nearly $1,000 and save American families $109 billion. Automakers say the change aligns standards with market realities, preserves consumer choice, and provides regulatory stability. Environmental and clean-energy groups argue the rollback makes it easier to sell less-efficient, more gas-consuming cars, increasing fuel costs and harming emissions reduction goals. This marks a second rollback of aggressive prior standards.
Read at Axios
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