Obama Administration has been diligently working on making the auto-industry more fuel-efficient. President Obama has been pursuing the very policy since 2009 and a new set of fuel efficiency standards was due to arrive sometime this year. Now, it is here.
The new fuel efficiency standards seek to enhance the mileage of cars and light-duty trucks to upto 54.5 miles per gallon by the year 2025. While that may sound like an ambitious aim, the auto industry is already on the way. By 2016, the aim is to hit the 34.1 mpg target and then continue the progress. (more…)
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