Will the EPA’s new fuel efficiency requirement – which mandates a 34 miles per gallon standard on vehicles by 2016 — be beneficial to motorists?  Nicolas Loris of the Heritage Foundation doesn’t think so and here explains why: “Just because automakers build cars does not mean consumers will buy them.  Industry insiders and experts are worried that consumers will not be willing to pay high prices for hybrid vehicles built to meet the new standards.  So there’s the potential for mass quantities of vehicles to sit on dealerships lots, which sounds an awful lot like the last auto bailout.  The EPA’s excessive regulations are bad for automakers and bad for America.” 

 

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