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Trump says fuel economy rollback will cut car prices, analysts doubt it
Original: Trump says new fuel economy rules will cut car prices. Analysts are doubtful.
President Trump says his administration's new fuel economy rules will reduce car prices for American consumers. Analysts have expressed doubt that loosening fuel efficiency standards will translate into meaningful savings at the dealership, questioning whether regulatory changes alone can offset other cost pressures on vehicle manufacturing and pricing.
Why now: The administration's rollback of fuel economy standards is a major policy change with contested claims about its effect on consumer car prices.
Evidence
- Trump says new fuel economy rules will cut car prices. Analysts are doubtful. · The Washington Post
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