Car manufacturers and the White House are looking to come to a conclusion on the new, higher fuel economy standards.

Read more from the New York Times below:

The Obama administration and automakers are nearing an agreement to increase fuel economy standards for vehicles to 54.5 miles per gallon by 2025, a lower target than the White House had sought.

The administration had earlier proposed a goal of 56.2 miles per gallon, while Detroit automakers and Michigan lawmakers have been pushing for a lower standard. Continue reading →