Mexican Media Brands
Trade Group Urges Trump to Ease Fuel Economy Targets
The Alliance of Automobile Manufacturers is asking U.S. president-elect Donald Trump to harmonize automotive regulations and consider rolling back fuel economy targets.
#economics #regulations
Share
The Alliance of Automobile Manufacturers is asking U.S. president-elect Donald Trump to harmonize automotive regulations and consider rolling back fuel economy targets.
The Washington, D.C.-based trade group declares “reform is imperative” and should include a “whole car” cost-benefit analysis for future standards.
Carmakers are especially eager to review rules imposed by the Obama administration that demand fleet-average fuel economy of 54.5 mpg by 2025. The companies say achieving that goal is increasingly difficult, because cheap gasoline is hurting demand for small, fuel-efficient cars.
In July regulatory agencies declared the fuel economy target technically feasible. But they have until April 2018 to finalize their midterm review of the second-stage of fuel economy standards required to reach it.
AAM also has asked Trump to revisit the National Highway Traffic Safety Administration’s guidelines for autonomous vehicles. Carmakers have been worried that state-level regulations could hobble their efforts to develop such vehicles.
RELATED CONTENT
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data