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Monday, November 9th, 2009

New Fuel Standards, More Expensive Cars

May 19, 2009 by Miranda Marquit  
Filed under Personal Finance

New Fuel Standards, More Expensive Cars

President Barack Obama plans to institute national fuel efficiency standards, along the lines of what California requires in its state standards. And the auto companies are happy about it, reports Popular Science:
The auto companies have been begging for a nation-wide standard (along with a clear timetable for improvement) for years. Now that they have one, they can unify their production and save money by not having to manufacture more efficient cars for certain states.
Many consumers will be happy to know that by 2016 they will have a variety of more fuel efficient cars to choose from. And it will be …read more


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