#1 Obama's New Fuel Economy Standards Will Increase Cost of a Car More Than $11,000
08-19-2011, 02:22 PM
- Join Date
- Aug 2005
The Obama Administration’s new fuel economy standards will result in the retail price of average motor vehicles to increase over $11,000, according to a study conducted by the Center for Automotive Research.
The Obama administration’s new fuel economy standards would require automakers to produce cars and light trucks with an average fuel economy of 54.5 mpg by 2025. The Center for Automotive Research says their study is “the result of 11 months of effort and investigation by researchers at CAR in 2010-2011.”
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