A loophole that has incentivized sales of big vehicles in America for nearly 50 years will soon be tightened. This may lead Americans to consider buying smaller cars.
In America , there is a preference for large vehicles such as SUVs and pickup trucks over small cars . However, a loophole that has incentivized sales of big vehicles for nearly 50 years will soon be tightened. In 1973, oil-producing Arab countries cut shipments to America , leading to sharp increases in fuel prices and a deep recession. In response, the federal government imposed fuel-economy standards on carmakers. Today, the law mandates 40mpg.
This tightening of regulations may lead Americans to consider buying smaller cars
America Vehicles Suvs Pickup Trucks Small Cars Loophole Fuel Prices Recession Fuel-Economy Standards Regulations
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