Fuel Economy Standards Will Raise Car Prices by 2025

To achieve the government-mandated 54.5 miles per gallon by 2025, vehicle prices should increase by an estimated $2,600.

As the U.S. auto industry strives to meet higher average fuel economy standards for new vehicles, consumers will face higher prices in the future, and EPA official told the Detroit Free Press, estimating cars made in 2025 will cost $2,600 more than the new cars in 2011 cost.

The prict increase is the most cost-effective method to reaching government standards for improving engines that use gasoline. Automakers are encouraged to achieve 54.5 miles per gallon by 2025, although there will be some exceptions and incentives for companies.

In 2010, average fuel economy was about 20 miles per gallon. It is estimated to be 27 mpg in 2016.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Get the Ultimate Guide to OSHA Recordkeeping

    When it comes to OSHA recordkeeping there are always questions regarding the requirements and in and outs. IndustrySafe is here to help. We put together this page with critical information to help answer your key questions about OSHA recordkeeping.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We put together a guide that’s easy to digest so you can ensure you're complying with OSHA's training standards.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Industry Safe
comments powered by Disqus