Revamp the corporate average fuel economy (CAFE) standard, don't freeze it, says Jim Press, Alliance of Automobile Manufacturers chairman and Toyota North America chief operating officer. Mr. Press says the AAM may try to strike a deal with the Bush Admin. and Congress to replace CAFE with tax incentives and other methods to improve fuel economy and emissions. “The alliance has taken the position this year that we do not support a freeze of CAFE.” A study into possible revisions is ...
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