Trump to Ease Mileage Rules in Bid to Curb Rising Car Prices.

The article discusses the Trump administration's plans to reverse fuel efficiency standards established during the Biden administration, which the administration claims have contributed to rising new car prices. Executives from major automakers, including Stellantis NV, are expected to attend a White House announcement regarding proposed standards that would be less stringent than those previously finalized. The administration argues that the current standards are driving up costs for consumers, while critics highlight the potential negative impact on fuel savings and carbon emissions. The article also notes that easing these requirements may not lead to immediate price reductions for consumers due to the long-term planning cycles of automakers. [Extracted from the article]