Environmental

President Obama Announces Historic 54.5 mpg Fuel Efficiency Standard

Consumers will save $1.7 trillion at the pump, $8K per vehicle by 2025

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WASHINGTON, DC–(ENEWSPF)–July 29, 2011.  President Obama today announced a historic agreement with thirteen major automakers to pursue the next phase in the Administration’s national vehicle program, increasing fuel economy to 54.5 miles per gallon for cars and light-duty trucks by Model Year 2025. The President was joined by Ford, GM, Chrysler, BMW, Honda, Hyundai, Jaguar/Land Rover, Kia, Mazda, Mitsubishi, Nissan, Toyota and…

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