Automakers

54.5 mpg target is off the table, U.S. regulators say

The average fuel economy of new light vehicles hit 24.8 mpg in the 2015 model year, up 0.5 mpg from 2014, when average fuel economy was unchanged from the prior year.
July 18, 2016 05:00 AM

Automakers have all the tools at their disposal to meet the 54.5 mpg corporate average fuel economy targets for the 2025 model year, but buyer preferences for SUVs and trucks make it likely that the industry will fall short of that number, U.S. regulators said in a report Monday.

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