8/28/2012 DETROIT
Corporate Average Fuel Economy, or CAFE, gradual
increases to 35.5 m.p.g. by 2016 and then 54.5 miles per gallon for the 2025 model year
reduce their oil consumption by 12 billion barrels over the
course of the program. “
save Americans $1.7 trillion in fuel costs,
resulting in an average savings of more than $8,000 a vehicle by 2025.
The fuel savings, he
said, would easily exceed the
estimated $2,000 to $3,000 that the more efficient vehicles would cost
consumers to buy.
The
administration also said the rules would cut
greenhouse gas emissions in half by 2025, eliminating six billion tons over the
course of the program.
Thirteen major automakers, including General
Motors, Ford and Chrysler, endorsed the new standards during
lengthy negotiations last year.
Auto companies are expected to take different
approaches to meeting the more stringent guidelines.
Some,
like the Japanese automaker Nissan, are counting on consumers gravitating to
all-electric models like its
Leaf. Others, like Chrysler, will focus their efforts on improving engines and transmissions on
traditional gasoline-powered cars.
Even if
the 54.5 m.p.g. goal is reached, most cars and trucks will get lower mileage in
real-life driving. Credits for air-conditioning units in vehicles will reduce
the average mileage to about 49 m.p.g., and actual driving
conditions could reduce it further.