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Fuel economy mandates are costlier than you think

Published 04/28/2010, The Virginian-Pilot

Earlier this month, President Barack Obama signed into law new fuel economy regulations that raise the corporate average fuel economy to 35.5 mpg by 2016. The current average is 27.5 mpg for cars and 23.1 for light trucks. Federal officials say the new law will increase the cost of a new car by $926 by 2016, a cost consumers will recover in reduced fuel costs.

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