Thursday, June 7, 2007

Automakers warm to fuel savings proposal

(Reuters) - "The proposed increases in fuel economy requirements would
present major technology challenges for automakers, requiring
tremendous investments over a sustained period of time,"
McCurdy said.




The plan would require that new compacts, sedans and wagons
boost fuel economy by 8.5 miles per gallon to 36 mpg by 2022.
The standard for sport utilities, pickups and vans would rise
by 7.8 mpg to 30 mpg by 2025.


Read more at Reuters.com Bonds News

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