00:00The Trump administration has reversed one of the Biden era's signature policies for cars.
00:05President Trump said Saturday that he approved new fuel economy standards, rolling back rules
00:11that would have required automakers to reach roughly 50 miles per gallon by 2031.
00:17Writing on Truth Social, Trump said the change will lower prices for consumers.
00:22Transportation Secretary Sean Duffy said the final standards will be sharply lower than before.
00:28Weaker rules let automakers build more pickups and SUVs and make electric vehicles less attractive to produce.
00:35General Motors said it will still make them.
00:38The full story is in the description below.
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