Emerging from recent economic turmoil, the United States automotive industry is again profitable. Consumers are demanding cars and light trucks that go farther on a gallon of fuel, and the industry is meeting those demands by adding technologies that improve fuel economy and cut carbon pollution.
Vehicle efficiency and emissions reductions are being further encouraged by the first significant improvements in fuel economy standards for both cars and light trucks in more than two decades, and the first-ever carbon pollution standards, covering model years 2012 to 2016. Additional improvements in the standards currently being developed by the Obama Administration will have a dramatic impact on the future direction and competitiveness of the U.S. automotive industry and the economic growth of the United States as a whole. Moreover, strong standards can save consumers money at the pump. U.S. suppliers of clean, fuel-efficient vehicle technologies can play a key role in the expansion of U.S.-based vehicle manufacturing that can lead to job gains.