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Automotivein Financial Markets
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The Senate considers rolling back fuel efficiency rules, while Volkswagen announces robotaxis for Uber in LA, with 500 arriving next year. Meanwhile, Toyota plans to hike US car prices by $270 starting July, reflecting industry shifts amid regulatory and tech changes.

Senate Weighs Effectively Killing Rule That Drove Rise of Fuel-Efficient Cars

Wall Street JournalSaturday, June 21, 2025 at 12:00:00 PM
Senate Weighs Effectively Killing Rule That Drove Rise of Fuel-Efficient Cars
The Senate is considering scrapping a rule that penalizes automakers for not meeting fuel-efficiency standards—a policy that once pushed the industry toward greener cars like the Prius. Now, car companies are divided: some want the fines gone, while others worry it could stall progress on cleaner vehicles.
Editor’s Note: This isn’t just about fines—it’s about whether the U.S. keeps pressure on automakers to innovate or lets them off the hook. If the rule disappears, it could slow down the shift to fuel-efficient cars at a time when climate change is screaming for faster action. Not great for the planet, and maybe not even for automakers in the long run.
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