
NHTSA tells automakers to hit 49 mpg by 2026
Fox News
Treasure Secretary Pete Buttigieg announced new fuel economy standards on Friday that will require automakers to hit a fleet average of 40 mpg by 2026.
Fuel economy will need to increase by 8% in 2024 and 2025, and 10% in 2026 to reach the new level.
NHTSA said that drivers will save an average of $1,400 over the lifetime of a vehicle purchased in 2029, but did not offer an estimate on how much the price of a vehicle will increase.
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