Obama Fuel-Economy Rule Gives Sweeteners to Honda and Tesla
More at link below via Businessweek.
Honda Motor Co. (7267), which last year complained that a proposed fuel-economy rule was unfair to non- U.S. automakers, got a boost when the final version added extra credits for sellers of natural gas-powered vehicles.
Honda, based in Tokyo, is the only automaker selling compressed natural gas-powered cars to U.S. drivers and will be able to use the credits to meet the fuel-economy standards. It’s one of the few changes made to a rule for 2017 to 2025 that was proposed in November 2011 and released in final form by President Barack Obama’s administration yesterday.