California's Clean Car Rules Support Remake U.S. Auto Market Automotive Industry In California

California’s Clean Car Rules Support Remake U.S. Auto Market Automotive Industry In California

Automotive industry jobs californiaResearch has been devoted to the advancements of the automobile industry. But now sector professionals say they’ve reached the peak and there’s nowhere to go but down. Speaking Tuesday at a forum ahead of the New York International Auto Show , a Toyota executive admitted as much, forecasting U.S. sales for the entire market will decline to amongst 17 million and 17.two million units in 2017, down from a record higher of 17.five million the year before.

Some background: In 2011, President Obama announced an agreement with automakers to raise fuel efficiency requirements to a fleet wide typical of 54.5 mpg by 2025. This arrangement, according to the Obama administration, would save motorists $1.7 trillion in fuel charges over the life of the automobiles but, according to some auto industry analysts, price carmakers about $200 billion over the next 13 years.

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