Yahoo Autos Obama Reveals New Mileage Standards; Garners Broad Support
Industry, consumer, environmentalist groups largely heap praise on 54.5 mpg compromise.
With many of the nation’s automotive leaders surrounding him at the White House, President Obama revealed details of the unexpected compromise that will set the nation on a course of drastically improved automotive fuel economy over the next decade-and-a-half – something he dubbed “the single most important step we’ve ever taken as a nation to reduce our dependence on foreign oil.”
The new Corporate Average Fuel Economy standard demands that manufacturers deliver a fleet average of 54.5 miles per gallon by 2025, roughly twice the fuel economy of the typical vehicle being sold in the U.S. when the current administration came to power in January 2009.
