Global automakers working hard to meet 54.5 mile-per-gallon challenge
Members of the Association of Global Automakers have begun to take the steps needed to meet the Obama administration’s tough new fuel economy standard of 54.5 miles per gallon (5.2 liters per 100 kilometers) by 2025. The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Transportation (DOT) in 2010 issued federal harmonized GHG emissions and fuel economy standards for motor vehicles for model years 2012 through 2016; the agencies have now extended the program for model years 2017 through 2025.
“The new rule extends very far into the future,” said Mike Stanton, president and CEO of Global Automakers. “No one knows exactly where the industry or marketplace will be by 2025. Consequently, we are pleased that the final rule includes a mid-term review process to evaluate how the program is working and to more closely examine the reality of reaching the 54.5 mpg goal. The new standard is aggressive and sets a high bar for automakers,” he said.
The Association of Global Automakers is composed of international motor vehicle manufacturers, original equipment suppliers and other automotive-related trade associations. (August 28, 2012)