WASHINGTON (AP) – Under regulations finalized today by the Obama administration, the average gas mileage of new cars and trucks will have to nearly double by 2025.
The new rules would require the fleet of new cars and trucks to average 54.5 miles per gallon in 13 years, up from 28.6 mpg at the end of last year.
The regulations will change the cars and trucks in U.S. showrooms, and push automakers to introduce new technology to make vehicles cleaner and more efficient.
The standard was developed by the Department of Transportation, The Environmental Protection Agency and about 13 major automakers.
“Right now there are four models here that get 40 milers per gallon on the highway,” said Cliff Dexheimer.
Dexheimer is the General Sales Manager at Gary Rome Hyundai in Holyoke. He says fuel efficiency is high on consumers minds and one of the top reasons people trade in their cars.
“It can be done is what the message is. It’s taken the industry too long to get around to this and who has been paying for it we have,” said Dexheimer.
President Barack Obama said in a statement that the new fuel standards “represent the single most important step” his administration has taken to reduce U.S. dependence on foreign oil.
John Rogers, Economics Professor at AIC in Springfield, is concerned this regulation will have unintended consequences impacting a car’s safety and performance.
“It remains to be seen how this is gonna work out for the consumer, but I think the trend toward fuel efficiency in cars is here to stay,” said Rogers.
Mitt Romney has opposed the standards. His campaign today called them extreme and said they would drive up the price of new cars. Romney’s camp says savings at the pump would be wiped out by rising costs of cars.
In the meantime, if you want to save the most at the pump, check out the latest price updates on the ABC40 Gas Tracker.