The Trump administration is poised to announce new fuel efficiency standards for automobiles in a bid to undo requirements it has assailed for driving up the cost of new cars, according to people familiar with the matter.

The chief executive officer of Jeep maker Stellantis NV and senior executives from General Motors Co. and Ford Motor Co. plan to attend the announcement at the White House, which is expected on Wednesday, said the people, who asked not to be identified discussing details that are not yet public.

The White House did not respond to a request for comment.

Details of the proposed requirements weren’t immediately clear. However, they are expected to be less stringent than those finalized under President Joe Biden.

The move is the latest in President Donald Trump’s push to

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