“The automakers and the White House could bring that about.” US automakers could be placed at a competitive disadvantage by weakened fuel economy standards introduced under President Obama as China and the European Union tighten standards, according to an opinion piece in Jalopnik . If states like China introduce individual standards, compliance within the sector could become logistically complex. A spike in gas prices combined with weakened standards could also cost suppliers $90 billion in sales of fuel-efficient technologies 2022-2023 , while Fiat Chrysler , Ford and Fiat Chrysler could lose in excess of 12 sales.
US automakers could be placed at a competitive disadvantage by weakened fuel economy standards introduced under President Obama as China and the European Union tighten standards, according to an opinion piece in Jalopnik . If states like China introduce individual standards, compliance within the sector could become logistically complex. A spike in gas prices combined with weakened standards could also cost suppliers $90 billion in sales of fuel-efficient technologies 2022-2023 , while Fiat Chrysler , Ford and Fiat Chrysler could lose in excess of 12 sales.