Obama Administration Unwilling To Waiver On Tough CAFE Standards In Light Of Lower Gas Prices

When President Obama five years ago proposed to double the CAFE mandate to 54.5 mpg (4.3 L/100 km) by 2025, cheap gas seemed the last thing that would stand in the way.
Skyrocketing oil prices sent the U.S. auto industry into a tailspin in 2008 and hastened the bankruptcies of truck-dependent Chrysler and General Motors.
Since then, U.S. automakers have revamped their portfolios dramatically to include a wide array of fuel-sipping small cars and efficiency-enhancing technologies such as electric and hybrid-electric powertrains, lightweight materials and 8- and 9-speed transmissions. Many more innovations are on the way, including improved EVs, HEVs and even hydrogen-powered fuel-cell vehicles.
Read Article
Copyright 2026 AutoSpies.com, LLC