Situation:
DOT, EPA, & California Air Resource Board said the manufacturers have brought rapid innovation and technology to the market.
54.7 MPG target looms over the Industry with constant threat for Feds & fines.
Why Significant:
Report says OEMs have developed more technology to improve fuel economy & GH gases than previously thought.
Concern that Fed pressure should not weaken demand for SUVs & trucks [Dan Becker, Center for Auto Safety]
The technology from engines, transmissions, & control technology in EVs & Hybrids is enabling OEMs to beat expectations.