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Report: Sales of fuel-efficient vehicles too low to meet 2016 CAFE standards

by Eric Loveday (RSS feed) on Apr 4th, 2011 at 11:55AM

2010 Mercury Milan Hybrid – Click above for high-res image gallery It's estimated that automakers will dish out more than $50 billion to meet CAFE standards that go into effect in 2016, but if consumers don't buy enough fuel-efficient vehicles, then automakers may fail to meet the required 35.5 miles-per-gallon average. According to Ward's Auto, the average fuel economy rating of new vehicles sold in 2010 was 22.2 mpg. That's actually down from the 22.3 mpg average in 2009. In addition, hybrid cars shrunk from 2.9 percent of new vehicle sales in 2009 to 2.4 percent in 2010.... Read More

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