Trump to Announce Relaxed Fuel Economy Standards, Boosting Auto Stocks
TL;DR Summary
The Trump administration announced plans to roll back U.S. fuel economy standards, claiming it will save Americans up to $109 billion on vehicle costs, a move praised by automakers but condemned by environmental groups, amid ongoing debates over vehicle efficiency and electric vehicle adoption.
Topics:top-news#auto-industry#car-prices#environmental-groups#fuel-economy-standards#politics#trump-administration
- Trump's new lower fuel-economy rules will make cars cheaper, White House says Axios
- Trump administration to announce new fuel economy standards Wednesday, sources say CNBC
- Ford, GM, Stelantis Stocks Rise. Thank President Trump. Barron's
- Trump plans to weaken fuel efficiency rules for cars and trucks The Washington Post
- Trump to announce ‘reset’ of fuel-economy standards for vehicles at Oval Office event, White House official says CNN
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