The Obama administration may recommend that automakers increase the fuel economy of their vehicles to as much as 62 miles per gallon, almost double the current goals, by 2025, two environmentalists said.
When President Barack Obama proposed new fuel-economy standards today, he set a pace that’s more aggressive than the industry has managed in the past four years -- or for any sustained period in the last 100.
Chrysler Group LLC rolled out a vehicle this week that boasts the ability to drive 700 miles between fill-ups and gets 30 miles per gallon on the highway, with a eight-speed automatic transmission and a gasoline-saving “eco” mode.
Chrysler Group LLC and plug-in car battery supplier A123 Systems Inc. may not receive some or all of the U.S. Energy Department loans they’re seeking to produce more fuel-efficient vehicles, under a proposal the House is scheduled to debate today.
The top U.S. auto-safety regulator will step down, as his agency investigates fires in Tesla Motors Inc. electric cars and is behind schedule on implementing a rule requiring backup cameras in new cars.
U.S. automakers may be required to almost double vehicle fuel economy to as much as 62 miles per gallon by 2025 models, the Obama administration said in a technical analysis released today in Washington.