Zheng Quan Shi Bao·2025-12-04 10:41Core Viewpoint - The Trump administration announced a reduction in fuel economy standards for vehicles produced in the U.S., aiming to lower costs for consumers and protect jobs in the automotive industry [2]. Group 1: Fuel Economy Standards - The new average fuel economy standard for light vehicles is set to reach approximately 34.5 miles per gallon (about 6.9 liters per 100 kilometers) by the 2031 model year, significantly lower than the current requirement of 50.4 miles per gallon (about 4.7 liters per 100 kilometers) [2]. - The U.S. Department of Transportation estimates that the new standards will save car buyers $109 billion over the next five years, with an average reduction of $1,000 in the purchase cost of each new vehicle [2]. Group 2: Industry Reaction - Executives from major automakers, including Ford, General Motors, and Stellantis, attended the announcement ceremony, with Stellantis shares rising over 3% and Toyota shares increasing nearly 2% in pre-market trading [3]. - Ford and General Motors also experienced slight increases in their stock prices during the same period [3].