Tag: "obama"

New CAFE standards get set for 54.5mpg by 2025

New CAFE standards get set for 54.5mpg by 2025

[ 0 ] August 1, 2011 by Rick

Last week President Obama, and the heads of numerous automakers, stood on a stage and announced the new Corporate Average for Fuel Economy (CAFE) will have a new target of 54.5 miles per gallon by 2025. That figure is lower than the 62 mpg that the government originally wanted, but was balked at by automakers. [...]