A historic moment for the US automotive industry, and not only, took place on Fool’s Day in the United States: the first-ever national greenhouse gas emissions standards and the new fuel economy standards for all new passenger cars and light trucks have been approved, after the coordinated effort of the administration, the Department of Transportation (DOT), the Environmental Protection Agency and the NHTSA.
According to the new regulations, all automakers are required to improve fleet-wide … (read more)