December 6th, 2010 in Hyundai
Were we the betting type, we’d put money on looming CAFE standards as the single biggest issue to keep auto execs awake at night. Organizations from the National Highway Transportation Safety Administration to the California Air Resource Board and the Environmental Protection Agency have all made noise about increasing corporate average fuel economy standards to lofty figures that reside anywhere between 47 and 62 mpg in around 14 years – a blink of an eye in terms of product development. If you’ve been wondering why manufacturers continue to roll out a bevy of fuel-efficient, economical vehicles despite relatively stable fuel prices and luke-warm demand, wonder no more.
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