Automobile Market Vroom Nabs $254M To Take Its Growth Up A Gear
Earlier than making a new automotive purchase, it’s wise to take a look at used automobile sellers first. Auto makers in the United States have a strong incentive to improve mileage. They are required by law to satisfy Company Common Fuel Economy (CAFE) standards. The present standards require that the average mileage of all the brand new automobiles offered by an auto maker needs to be 27.5 mpg. This implies if an auto maker sells a hybrid with 60 mpg, it may sell 4 giant luxurious automobiles solely getting 20 mpg.
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