US Automakers Slit Their Own Throats On The Altar Of Greed - CleanTechnica

The article criticizes the recent repeal of Biden-era corporate average fuel economy (CAFE) standards, which the US automakers—GM, Ford, and Stellantis—celebrated alongside the administration. While the administration claims this rollback will save consumers $109 billion over five years and reduce vehicle costs by about $925, Bloomberg analysis suggests these savings are largely illusory due to increased gasoline expenses, resulting in a net benefit closer to $24 billion or $181 per household over five years. The article highlights that new car prices have surged from under $40,000 in 2020 to over $50,000 today, driven not only by fuel efficiency costs but also by pandemic-related economic disruptions and rising raw material prices. The piece argues that the Big Three automakers are doubling down on selling large, fuel-inefficient SUVs and trucks, prioritizing short-term profits over long-term sustainability and innovation. Environmental advocates like Bill McKibben warn that this strategy effectively signs the death warrant