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US lowers fuel economy targets, easing costs and boosting profits for automakers with more pickup trucks and V-8 engines.

Market News
15 Oct 2026
CNBC
View Source
Bullish
US lowers fuel economy targets, easing costs and boosting profits for automakers with more pickup trucks and V-8 engines.

The US government has reduced fuel economy targets for light-duty vehicles to 34.9 mpg by 2031, down from the previous 50.4 mpg goal. This change follows Congress eliminating fines for non-compliance, which reduces costs for automakers and allows them to focus on more profitable vehicles like pickup trucks and V-8 engine models. Automakers are shifting investments away from electric and fuel-efficient cars toward internal combustion engine vehicles, potentially increasing profits but slowing EV growth. Despite this, hybrids are gaining market share, and EV demand is expected to rise sharply due to household preferences and upcoming new models.

Lower fuel economy targets for light-duty vehicles are highlighted by the US government's new 34.9 mpg goal for 2031, down from 50.4 mpg. For readers following this automotive policy shift, here is Pluang's market snapshot as of Oct 15, 2026 16:51 WIB: Among 134 Consumer Cyclical-sector US stocks, 74 rose and 52 fell. Notable movers include GLBE at USD 35.79 with a -6.72% change and 100% buy order activity, GGR at USD 2.99 with a -3.55% change, and PRTS at USD 7.75 with a +2.79% change and 100% buy order activity.

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