Last August, the U.S. government proposed a Corporate Average Fuel Economy (CAFE) target of 54.5 mpg to be met by carmakers by 2025. Despite initial reactions, the proposal eventually gained the manufacturers’ support. 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 around the country, announced on Tuesday that the proposal would effectively make new cars too pricey for some consumers.
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