UPDATE 1-Bush sets modest increase in SUV fuel standards


(adds background) WASHINGTON, March 29 (Reuters) - The Bush administration will modestly raise the average fuel-economy standard for light trucks and sport utility vehicles to 24 miles per gallon by 2011, the White House said on Wednesday. The change is not expected to hurt struggling U.S. automakers that produce the least efficient models of popular sport utilities and pickups, according to industry experts. The current light truck standard was last updated three years ago and ...

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