Friday, November 16, 2007

court rejected new fuel-economy standards

• The News: A federal appeals court ruled new fuel-economy standards for light trucks are too lax, a setback for the auto industry and the White House. • The Industry Impact: The ruling, which the government may appeal, puts in doubt tougher fuel-economy rules that were nevertheless acceptable to car makers. • The Political Impact: The decision comes as the Bush administration faces rising political pressure from higher gasoline prices as well as from global-warming concerns.

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