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The rollback aims to reduce consumer costs and could save Americans up to $109 billion, while triggering gains in European automaker stocks and sparking regulatory debate.
- On Thursday, President Donald Trump announced from the Oval Office a rollback of Biden-era fuel economy limits and said the administration would revoke California emission waivers.
- The administration framed the change as aimed at lowering consumer costs and easing sales of gasoline-powered vehicles, with a White House official saying it could save Americans up to $109 billion.
- By mid-morning, Porsche shares were up more than 5% while Mercedes‑Benz and Volvo Cars gained nearly 4%, as Reuters and market analysts reported the rollback was widely anticipated.
- The move is expected to intensify debate over whether weaker standards reduce drivers' costs, as environmental groups criticized it for raising long-term fuel expenses while Consumer Reports found no systemic rise in vehicle prices and noted $7,000 per-vehicle lifetime fuel savings.
- With EU policy in flux, Martino De Ambroggi of Equita said the change could benefit carmakers and the European Commission could delay support, while Volvo Cars cautioned it is too early to assess.
17 Articles
17 Articles
Administration announces dramatic rollback on standards for US automakers: 'Don't be fooled'
The Trump administration continued its long-running campaign to undo eco-friendly legislation enacted under the Biden administration. This time, it struck at the heart of a move meant to incentivize automakers to build out electric vehicle offerings. What's happening? Yahoo Finance reported on President Trump eliminating the CAFE (Corporate Average Fuel Economy) rules, which he branded as "ridiculous" and an "EV Mandate." This adjustment signif…
Morano on The Joe Piscopo Show talking Trump reversing fuel mileage standards for cars & how to gut stop-start in automobiles
Broadcast December 4, 2025 | @ClimateDepot gave @JrzyJoePiscopo details on the Trump administration’s energy agenda hailed for crucial wins Full Interview: https://t.co/tIhrzpovlT pic.twitter.com/UHY6vOWVtQ — The Joe Piscopo Show (@JoePiscopoShow) December 4, 2025
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