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The US Department of Transportation finalized the Freedom Means Affordable Cars rule on Monday, lowering the 2031 fleet average target from 50.4 to 34.9 mpg and ending CAFE credit trading in 2028. The DOT claims the rule cuts average new-vehicle prices by $1,300, but acknowledges consumers will pay $1,600 more in gas as demand rises 4.6% through 2035.
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