The Trump administration on Wednesday will propose a significant rollback of fuel economy standards that former President Joe Biden had finalized last year, in its latest push to make it easier for automakers to sell gasoline-powered cars, automakers and sources told Reuters. The National Highway Traffic Safety Administration is set to propose significantly reducing the fuel economy requirements from model years 2022 to 2031. It will also make drastic changes to the program including eliminating credit trading among automakers and will end some credits for fuel-saving features, the sources said.

President Donald Trump will be joined by the CEOs of Chrysler parent Stellantis and Ford Motor to unveil the proposal at 2:30 p.m. EST (1930 GMT). White House press secretary Karoline Leavitt conf

See Full Page