2017 U.S. Fuel Economy Goals Called 'Ambitious' By GM CEO
Washington— General Motors Co. CEO Dan Akerson on Friday called proposed fuel efficiency standards for 2017 and beyond "ambitious," and said regulators should consider a regular review of the limits.
The Obama administration is mulling annual increases in fuel efficiency ranging from 3 percent to 6 percent between 2017 and 2025, which equates to a fleetwide average of 47 mpg and 62 mpg by the period's end. The range of costs per vehicle is $770 to $3,500, depending on the stringency of the emissions limits.
Akerson called them "ambitious."
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