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0.000436490615451836 0.000436490615451836 0.000436490615451836 -0.000872981230903517 -0.000436490615451681 0.00174596246180719 0.000436490615451836 0.000436490615451836
Stock impact report

Trump To Scrap Biden's Fuel-economy Standards, Sparking Climate Outcry [Barron's]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Barrons
move will lower car prices even as critics warn it will leave drivers paying more at the pump and accelerate climate change. Trump will be joined in the Oval Office on Wednesday by the CEOs of Ford and Stellantis, and a General Motors manager, to announce the rollback -- with the presence of the so-called "Big Three" automakers signaling critical industry buy-in. Advertisement - Scroll to Continue "Joe Biden's fuel efficiency regulations would have raised the cost of a new vehicle by $1,000," the White House said on X, adding that Trump's reset would save Americans $109 billion. "As America's largest auto producer, we appreciate President Trump's leadership in aligning fuel economy standards with market realities," Ford CEO Jim Farley said in a statement. Environmentalists quickly pushed back, saying the move stood out even among Trump's many anti-green actions because of its outsized impact on car-dependent America. "Trump is taking a wrecking ball to the biggest single s Show less Read more
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