All articles tagged with #us car market
The US car market is showing signs of fatigue as rising costs are impacting buyers' ability to purchase vehicles, indicating potential challenges ahead for the auto industry.
The US Environmental Protection Agency is set to release new proposed federal emissions standards for light-duty vehicles that could make up to two-thirds of new passenger vehicles sold in the US electric by 2032. The new greenhouse gas performance standards would start for light-duty vehicles that are model year 2027 and gradually increase through model year 2032. The EPA's proposal comes after California air regulators voted last year to ban the sale of new gasoline-powered cars by 2035 and set interim targets to phase these cars out. The proposed EPA rules will go through a lengthy public comment process and could be changed before they are finalized.