White House, carmakers near deal on fuel standards
Wednesday, July 27, 2011 - 01:00
in Mathematics & Economics
The Obama administration will require that vehicle fleets average 54.5 miles per gallon by 2025, according to people with knowledge of the talks. That would mark a sharp increase in efficiency.The White House is nearing compromise with automakers on tougher fuel standards for cars and trucks, after talks in which the industry lobbied for a slower pace of efficiency requirements for their most popular passenger trucks.