Obama Sets 35.5-MPG Standard for 2016
According to Detroit News (the staple of automotive and city crime news) The Obama administration has imposed tougher fuel economy standards for vehicles sold in the US. New standards call for automakers to have an average fleet economy rating of 35.5 miles per gallon by 2016. For passenger cars the average must be 39 mpg, and 30 mpg for light trucks. This will increase the average price of a vehicle by about 1,300 USD.
The entire US auto market will now have a single standard, as the new mileage regulations fit those of California that were traditionally stricter. US automakers will be forced to make models that are competitive with their Japanese counterparts on fuel economy standards.
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