New US pick-up fuel standard to cost industry $6.7 bln


BALTIMORE, March 29 (Reuters) - New fuel economy standards for pickup trucks and sport-utility vehicles sold in the United States will cost the auto industry an estimated $6.7 billion through 2011, U.S. Transportation Department officials said on Wednesday. The new standard modestly increasing fuel mileage for the class of vehicles to 24.1 miles per gallon (mpg) between model years 2008 and 2011 also includes for the first time the largest sport-utility vehicles, Transportation Secretary ...

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