WASHINGTON – The Obama Administration announced it has finalized Corporate Average Fuel Economy (CAFE) standards up through model-year 2025. The new rule sets the standard to 54.5 miles per gallon for the 2025 model-year. The Administration stated that these standards, when combined with the previous standards set for model-years 2011 – 2016 will nearly double the fuel efficiency of vehicles for MY-2025 when compared with those currently on the road. The 2016 standard is 35.5 mpg, according to the National Highway Traffic Safety Administration (NHTSA).
“These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” said President Obama. “This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption. By the middle of the next decade our cars will get nearly 55 miles per gallon, almost double what they get today. It’ll strengthen our nation’s energy security, it’s good for middle class families and it will help create an economy built to last.”
