New U.S. Transportation Secretary Sean Duffy signed an order on Tuesday directing U.S. regulators to rescind landmark fuel economy standards issued under President Joe Biden that aimed to drastically ...

to reset the Corporate Average Fuel Economy (CAFE) standards for automakers. The DOT said in a statement that the new standards will lower the price of new cars for consumers while eliminating a ...

Specifically, the memo targets the Corporate Average Fuel Economy standard (CAFE), which was just improved last year by President Biden’s DOT, saving American drivers $23 billion in fuel costs ...

CAFE, or Corporate Average Fuel Economy, rules date back to oil shocks Americans suffered in 1974 and 1980. The first ones went into effect in 1978. They are intended to help drivers use less fuel ...

Shortly after the Senate confirmed Duffy on Tuesday, he signed a memo to the National Highway Traffic Safety Administration, asking the agency to review its corporate average fuel economy ...

Duffy signed a memo directing the National Highway Traffic Safety Administration to start a rulemaking to rescind or replace current and future Corporate Average Fuel Economy standards ...