WASHINGTON—President Donald Trump will eliminate fuel standard regulations imposed by President Joe Biden when he signs an executive order on Dec. 3 in the Oval Office.
His directive will reduce the number of miles a vehicle must travel on a mile of gasoline, a move that will mitigate car price increases of about $1,000 and save Americans approximately $109 billion, according to administration officials.
Representatives from Ford, General Motors, and Stellantis are expected to join the president for the signing ceremony.
The National Highway Traffic Safety Administration, a division of the Department of Transportation, oversees the Corporate Average Fuel Economy regulations—enacted by Congress in 1975 to reduce fuel consumption by setting miles per gallon standards for vehicles….
Trump to Roll Back Biden-Era Fuel Standards, Admin Says It Will Save Americans $109 Billion
