The action, contained in a letter to automakers, comes after passage of a Trump-backed bill that ends penalties for companies ...

Automakers face no fines for failures to meet fuel efficiency rules dating back to the 2022 model year under a law signed by ...

U.S. automakers are exempt from fines related to non-compliance with Corporate Average Fuel Economy rules for the 2022 model ...

Tax credits weren’t the only reason driving EV sales. A critical law that had been in effect for half a century also played a ...

Rivian faces potential loss of $325 million in revenue due to relaxation of CAFE regulations as Trump tariffs pose ...

Nasdaq and Dow rise as analysts upgrade Microsoft on AI, highlight Tesla challenges with tax credits, and Caterpillar ...

Data and analysis from Utilimarc’s Electric Vehicle Consortium show that while range is an observed concern, real-world usage ...

Tesla stock was downgraded from “Outperform” to “Market Perform” by William Blair analyst Jed Dorsheimer, according to ...

Even if you support better fuel efficiency and lower greenhouse gas emissions, killing CAFE standards is good news.

In the 1970s, the United States faced a consequential energy crisis that exposed the auto industry's pitfalls in making fuel-efficient cars. At the time, most cars sold in the United States were ...

However, the Transportation Department concluded that this approach went beyond what the law intended when calculating Corporate Average Fuel Economy (CAFE) standards.