Obama administration issues fuel efficiency rules
Associated Press Writer
WASHINGTON – The Obama administration has issued tough gas mileage standards for new cars and trucks hitting dealerships in the future.
The Transportation Department and the Environmental Protection Agency say the final rules will require 2016 model-year vehicles to meet fuel efficiency targets of 34.1 miles per gallon combined for cars and trucks, or the equivalent of 35.5 mpg with credits for reducing greenhouse gas emissions. That’s an increase of nearly 10 mpg over current standards.
Consumers will see higher costs. The standards will add more than $900 to each vehicle in 2016 but the government says consumers will save $3,000 over the life of their vehicles because of fuel savings. The new rules will cover the 2012 to 2016 model years.