CEO, Stellantis
Appears in 1 story
Supporting weaker standards to "realign" with market conditions
On December 3, 2025, President Donald Trump unveiled a National Highway Traffic Safety Administration proposal to slash Biden‑era Corporate Average Fuel Economy (CAFE) standards, cutting the projected 2031 light‑duty fleet target from about 50.4 miles per gallon to roughly 34.5 mpg and phasing in only 0.25–0.5% annual increases instead of the 2% per year previously planned. The rule would also bar automakers from trading efficiency credits after 2028, a change that especially hurts EV‑focused companies that sell credits to gasoline‑heavy manufacturers.
Updated Jan 2
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