The recent move by German automaker Porsche to acquire a majority stake in Volkswagen AG may prove to be a savvy one in regards to the new U.S. fuel economy standards.
Despite the company’s recent investigation of hybrid technology, it seems unlikely that the sports car builder would be able to get its fleet average economy in line with the 35-mpg target by 2020 without drastically changing the nature of its product line. Porsche had attempted a bid to gain a Congressional exemption to the rule last fall, but was unsuccessful.
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