Wednesday, January 18, 2012

U.S. Dealers Claim CAFE Proposal Will Add US$five,000 to New Car Rates

Final August, the U.S. government proposed a Corporate Typical Fuel Economy (CAFE) target of 54.five mpg to be met by carmakers by 2025. Despite initial reactions, the proposal ultimately gained the manufacturers’ help. However, the administration has pushed back the official announcement on the new regulations.
The National Automobile Dealers Association (NADA), which represents some 16,000 dealers operating 32,500 franchises about the country, announced on Tuesday that the proposal would

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