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Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?


To: sammy™ -_- who wrote (105)6/6/2007 4:12:50 PM
From: Tadsamillionaire  Respond to of 17489
 
Auto execs try to head off higher fuel economy standards

In the House, a draft bill recently released by a committee led by Rep. John Dingell, D-Mich., would push for standards that would mirror the Levin-Stabenow approach.

Attempts to raise fuel economy standards have made little progress in the past 20 years. A manufacturer's fleet of passenger cars is required to get an average of 27.5 mpg for any given model year, while a manufacturer's SUVs, pickup trucks and vans must get an average of 22.2 mpg. That's a combined average of about 25 mpg.

A trade group that represents the three companies, Toyota Motor Corp. and others has aired ads saying the Senate fuel economy proposal would hurt the industry and force them to limit vehicle options.

Environmentalists have charged automakers with returning to their roots of opposing fuel economy increases, concerned that a compromise could jeopardize any significant reductions in gas consumption.
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