Trump Just Gave Automakers a Major Fuel-Economy Break — GM, Toyota and Volkswagen Are Siding With Him, But California Is Fighting Back in Court

What happened: General Motors, Toyota and Volkswagen backed President Trump's rollback of Biden-era fuel efficiency standards in a filing with the First U.S. Why it matters: The Alliance for Automotive Innovation said automakers need certainty and stability, warning that overturning the rules could jeopardize investments covering hundreds of upcoming vehicle models. The states argued regulators disregarded millions of electric vehicles in their analysis. Coverage: 3 outlets in 24h

General Motors, Toyota and Volkswagen backed President Trump's rollback of Biden-era fuel efficiency standards in a filing with the First U.S.

The Alliance for Automotive Innovation said automakers need certainty and stability, warning that overturning the rules could jeopardize investments covering hundreds of upcoming vehicle models. The states argued regulators disregarded millions of electric vehicles in their analysis.