Congress is poised to finally make cars get better gas mileage. Consumers can expect to pay more for their vehicles but save on their gas bills.![]()
By Steve Hargreaves, CNNMoney.com staff writer
December 1 2007: 1:15 PM EST
NEW YORK (CNNMoney.com) -- More hybrids. More diesels. Smaller engines and fancier technology. And an initial sticker price increase that could total a couple thousand dollars.
Those are the likely outcomes now that Congress has decided to increase the national fuel efficiency standards to 35 miles a gallon by 2020, from the current average of 25...
If the measures are enacted, the auto industry would give a strong push to its hybrid vehicles. Hybrids, which run on a combination of gasoline and electric power, usually cost about $2,000 to $3,000 more than conventional vehicles.
Detroit would also likely roll out more diesel vehicles, which would also cost $2,000 to $3,000 more than similar gasoline-powered vehicles but would get much better gas (sic) mileage.
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Sunday, December 2, 2007
Fuel efficiency and the American driver
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