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✉news BusinessEconomy first seen 7 h ago, last 13 min ago, peak #2

US to finalize sharply lower vehicle fuel economy standards

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to a Reuters report. The rollback would ease requirements on automakers to improve mileage efficiency, a reversal of stricter rules pursued under earlier policy. The move is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

Why now: A reported US policy reversal on vehicle fuel economy has direct implications for automakers, consumers and climate goals.

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