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Trump says he approved new fuel economy standards, rolling back Biden-era rules

CNBC Top News · 2026-09-26
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President Donald Trump said Saturday he approved new Corporate Average Fuel Economy standards that reverse Biden-era rules requiring automakers to raise passenger cars and light trucks to roughly 50 miles per gallon by 2031 to spur electric vehicle adoption. Trump pitched the change as lowering car prices; the final standards are not yet public, though Transportation Secretary Sean Duffy had said they would be sharply lower than Biden’s.

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Source: CNBC Top News · via ahirlevel.hu