CNBC by Spencer Kimball and Michael Wayland 12/3/2025
Key Points• President Donald Trump proposed deep cuts to fuel efficiency standards for passenger cars enacted by the Biden administration.
• Trump announced the cuts at the Oval Office flanked by the CEOs of Ford and Stellantis.
President Donald Trump on Wednesday proposed big cuts to strict fuel economy standards for passenger cars enacted under the Biden administration.
“We are officially terminating Joe Biden’s ridiculously burdensome, horrible actually, CAFE standards that imposed expensive restrictions,” Trump said at the Oval Office, flanked by the CEOs of Ford Motor and Stellantis.
The Corporate Average Fuel Economy, or CAFE, standards date back to 1975 and have been tightened over the years to make vehicles more efficient.
Former President Joe Biden had required automakers to increase the fuel efficiency of passenger cars and light trucks to about 50 miles per gallon by 2031. These stricter standards were expected to stimulate the production and sale of electric vehicles in the U.S.
More:
https://www.cnbc.com/2025/12/03/trump-fuel-economy-standards.html