Under NHTSA’s new CAFE standards, total fuel costs are expected to fall, but new-car prices are expected to rise by about $1100 per vehicle.
- New vehicles sold in the U.S. must average 49 mpg fleet-wide by 2026, according to new federal fuel-economy standards announced today.
- The Department of Transportation said the new requirements are intended to improve fuel efficiency, cut down on fuel costs, and reduce emissions.
- People who buy new in 2029 will save about $1400 total on fuel costs over the vehicle’s lifetime, but the average new-vehicle price will also rise by about $1100.
Every automaker will now need its fleet of light-duty vehicles sold in the U.S. to average 49 mpg by 2026. This new federal requirement is part of changes made to Corporate Average Fuel Economy (CAFE) standards, which were announced today by the National Highway Traffic Safety Administration (NHTSA). (It’s important to note that these mpg numbers are unadjusted figures that don’t represent what individual cars can be expected to achieve. You can anticipate that 49 mpg unadjusted will yield a figure somewhere in the mid-30s on an average window sticker. For a thorough explanation of CAFE regulations and what they mean to actual fuel economy in your vehicle, see our earlier story on the subject.)
With better MPG comes less money spent on gas—about $1387 less over the lifetime of a vehicle bought new in the 2029 model year. However, the agency also acknowledged that requiring automakers to make vehicles more fuel-efficient will mean the cost of new vehicles will go up—by about $1087 on average, NHTSA said.
A new Prius for everyone
What about Pick-Up trucks ????? Woooooooo
Tractor Trailers ???? Wooooooo
What does my grass cutter mileage have to be ????? My Motor Cycle , Boat , Plane , Jet Ski ???
How much AIR do we get to breath ??????
Won’t happen !!!! Get RID of Biden COUP !!!!!
Dumbocrats are taking our freedoms away every day
U will never get me to buy a tiny pinto like fleet car, let alone electric. Never. Its me, my 350 (steel body diesel) and my very heavy SUV for USA eternity.
Now im going outside to start my charcoal grill with lighter fluid!
Good day….i say GOOD DAY SIR!
Like Hitler Biden will make everyone get a VW-BUG , this time an Electric one !!!!!