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-0.000640732265446221 -0.000640732265446221 -0.000762776506483584 0 -7.62776506481822E-06 -0.000762776506483584 0 0.000762776506483584
Stock impact report

Trump Outlines Plan to Unwind Biden-Era Car Mileage Mandates [Yahoo! Finance Canada]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Trump was joined in the Oval by Stellantis NV Chief Executive Officer Antonio Filosa, Ford Motor Co. CEO Jim Farley and John Urbanic, plant manager at General Motors Co.'s Orion, Michigan, facility. The Transportation Department proposal, which still must go through a formal rulemaking process and could be finalized next year, represents the administration's latest bid to unwind a suite of policies spurring electric vehicle production that Trump has derided as an “EV mandate.” At issue are corporate average fuel economy requirements for cars and light trucks that were tightened under former President Joe Biden. Under those Biden-era standards, automakers must achieve an average of about 50 miles per gallon across their 2031 model-year vehicles. The new Trump administration proposal would lower that requirement to about 34.5 mpg for the 2031 model year. The measure also would eliminate a credit-trading program used by automakers to comply with the requirements, starting with the Show less Read more
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