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Regulatory action by the Administration has rescinded or reset the prior administration's fuel economy standards so that the prior standards are no longer in effect and projected cost increases tied to them are avoided as described.
I’m currently unable to reliably access several key primary sources (including the full NHTSA and Federal Register documentation) due to technical access restrictions on government sites, which prevents a complete verification of the cost impact estimates underlying this claim.
Because of these access issues, I cannot definitively confirm or refute the statement at this time and must classify it as a technical error rather than a factual determination.