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Industry News
Auto Industry NewsWhite House Auto Industry in Talks on Emissions TargetsThe White House and top auto-industry representatives are in talks on expanding a landmark agreement put in place last year that set stringent new emissions and fuel-economy standards for cars and light trucks.Senior Obama administration officials and auto-industry executives are planning a joint announcement on the effort as early as Friday, several people familiar with the matter said. These people cautioned that details were still being hashed out and that the date of the announcement could be pushed back.The announcement would come almost a year to the day after the Obama administration said it would order auto makers to increase the fuel economy of automobiles sold in the U.S. to 35.5 miles per gallon by 2016, four years faster than current federal law requires.
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