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Byline: Alejandro Bodipo-Memba
Mar. 8--U.S. Sens. John Kerry and John McCain have reached a joint proposal to increase the Corporate Average Fuel Economy standards to 36 miles per gallon by 2015 from the current fleet average of 24 m.p.g.
The bipartisan agreement, which the auto companies oppose, calls for the change to start in the 2007 model year.
The Senate is addressing the CAFE issue as part of a larger energy policy debate. Automakers are pulling out all of the stops to ensure there is no large increase in standards.
Kerry, D-Mass., originally proposed requiring vehicle fleets to average 35 m.p.g. by 2013. McCain, R-Ariz., had ...