Trump Will Announce New Fuel Economy Rules For Automakers, Expect Lax Ones

Individual auto buyers would lose “a net savings of $1,650” (even after accounting for the higher vehicle cost) as the EPA concluded in its final January “Determination on the Appropriateness” of the standards.

The official said the National Highway Safety Administration would be more of a partner in the review than it had been under President Barack Obama.

A good-faith midterm review would have tweaked the rules; the newly reopened review will probably do that by reflecting the fact that electric vehicle sales are rising slowly and giving automakers more time to meet the standards.

Barry Rabe, a professor at UM’s Gerald R. Ford School of Public Policy, agreed that loosening fuel economy standards would benefit the economy in MI on a short-term basis, but wondered how changes to emission targets would impact automobile manufacturing in the long haul. That regulation also required that the EPA undertake a midterm review of the program to determine if those standards should be revised.

President Trump delivered remarks to autoworkers and auto executives in Detroit, Mich., on Wednesday. GM ultimately took over the plant until assembly ceased in 1992.

“Not only are our cars and trucks more efficient than ever before, but US auto sales have reached record highs since these safeguards were put in place”.

Vera Pardee of the environmental group Center for Biological Diversity said that the president was suffering from “another kind of road rage”.

“There’s consequences to pay for the companies that desert us and fire our employees”, he warned. What’s the White House line?

Trump met with auto executives outside Detroit on Wednesday, in a confab that will include top American executives of top Japanese, German, and Korean auto company executives.

President Donald Trump will tell auto workers and executives near Detroit on Wednesday that his administration will examine the standards into 2018.

An analysis [PDF] released earlier this month by our colleagues at Consumer Reports found that, contrary to the auto industry’s arguments, the recent improvements in fuel economy has actually helped lower-income Americans. Trump said, as he pointed to the press gallery in the back of the room. Toyota Motor Corp. said a high-level North American executive will attend.

“The era of economic surrender in America is over”, he added.

Michigan Gov. Rick Snyder, who had been scheduled to speak at a cybersecurity conference in Washington, D.C., changed his schedule so he could meet with the president. “It’s proven”, she said. They have not endorsed the event.

The automotive world has been filled with rumors for the past week about what the Trump administration plans to do about the latest Corporate Average Fuel Economy (CAFE) standards put in place by the previous Obama administration.

Back in 2012, the Obama administration set fuel-economy regulations for model years 2017-2025. Ultimately, carbon pollution standards are job creators because, like most future-oriented clean air regulations, they spur investment and innovation, as many studies have shown.