Automaker Take on New Mileage Standards

Proposed Fuel Rules Standard

Forbes - August 28, 2012

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

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