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Aug 29, 2012

RULES & REGULATIONS * USA

* DC - White House finalizes 2025 'historic' fuel rules for automakers 
Washington,DC,USA -The Detroit News, by David Shepardson -August 29, 2012: -- The Obama administration gave the final green light Tuesday to landmark 2017-25 fuel economy rules that will nearly double the efficiency of the nation's cars and trucks over the next 13 years, to a fleet-wide average of 54.5 miles per gallon... The new rules will reshape what Americans drive and prod automakers to implement fuel-saving technologies more quickly... As a result of the new requirements, the price of a truck will rise $2,059, on average and about $1,726 for cars. But motorists will save on fuel costs: The government estimates a vehicle buyer in 2025 will save $3,400 to $5,000 over the life of the vehicle, after accounting for the higher purchase price... In all, and including 2012-16 mileage increases already on the books, motorists will save $1.7 trillion at the pump, the government estimates. That's far more than the costs of more expensive autos...

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