✉news BusinessEconomy first seen 1 h ago, last 32 min ago, peak #23
Trump fuel economy rollback saves automakers $60 billion
Original: Trump fuel economy rollback saves automakers $60 billion in tech costs
The Trump administration's rollback of fuel economy standards is projected to save US automakers about $60 billion in technology costs, according to Quartz. By easing requirements that would have pushed manufacturers to develop more fuel-efficient vehicles, the change reduces spending on advanced engines, electric drivetrains and efficiency tech. The move is likely to renew debate over emissions, consumer fuel costs and the pace of the auto industry's shift toward electrification.
Why now: The rollback has major financial implications for automakers and reignites debate over US emissions policy.
Donald TrumpUS automakersQuartz
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