Carmakers howl about CAFE rules, but regularly beat them; why?

This week, the U.S. Environmental Protection Agency (EPA) said it would maintain current Corporate Average Fuel Economy (CAFE) standards for 2022 to 2025. The decision was praised by environmental groups, but likely won’t receive as warm a reception from the industry. CAFE standards are up for a midterm review, and auto-industry lobbyists spent… …read more