29-September-2026
Corporate News
 
US to Finalize Sharply Lower Vehicle Fuel Economy Standards
28-Sep-2026

The US Transportation Department on Monday will finalize sharply lower vehicle fuel economy standards through 2031, reversing a push by the Biden administration to force automakers to build more electric vehicles, officials said on Saturday. President Donald Trump said he had approved new fuel economy standards for cars and trucks, which he said will lower the price of new vehicles. "A major victory for America's auto workers is coming Monday," Transportation Secretary Sean Duffy said.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-26/trump-says-he-approved-fuel-economy-standards-ending-biden-ev-mandate