As low gas prices persist and electric vehicles fail to find the widespread traction once predicted by the Obama White House, automakers have supercharged their fight against the country’s lofty 2025 fuel economy target.
Fuel prices and the popularity of trucks and SUVs means the federal 54.5 mile per gallon target isn’t reasonable, automakers say. Continuing down the same road and pretending the landscape hasn’t changed? That’s a recipe for disaster, according to industry groups. (Read More…)