The Environmental Protection Agency (EPA) announced today that it is considering a letter-based grading system for cars based on their fuel economy. Sippers like the Prius would receive an A- grade, while gas burners like the Ferrari would merit a D. The new grading system is being proposed by the President.

“New fuel economy labels will keep pace with the new generation of fuel efficient cars and trucks rolling off the line, and provide simple, straightforward updates to inform consumers about their choices in a rapidly changing market,” said EPA Administrator Lisa Jackson.

The auto industry has mixed emotions about the proposed grading system. Forced to accept new fuel efficiency standards along with bailout money, they are already retooling to meet environmental demands placed on the industry. They don’t like the “pass and fail” mentality of the letter grading system, as stated by Dave McCurdy, the president and CEO of the Auto Alliance, a group representing the interests of the auto industry.

As Reported By: Reuters

Tags: epa auto industry, epa cars, vehicle emission standards, vehicle emissions

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