Automakers can’t afford to wait for an official announcement of 54.5 mpg regulations mandated for 2025, nor can they wait 13 years to start delivering gas-sipping vehicles.
Find out how the changes are seen by those in the field.
U.S. automakers are today seeing growing consumer demand for fuel-efficient vehicles and it’s already leading to new jobs and stronger profits. In the long term, U.S. automakers can expect to see an increase in extra profits to the tune of $2.44 billion dollars as well as 300,000 additional vehicle sales in 2020. The new standard is also projected to drive investment and innovation in the U.S. and worldwide auto industry, while creating 484,000 new jobs in the U.S. economy wide.
Read Mindy Lubber’s full take on the new 54.5-mpg standard click here