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Corporate average fuel economy (CAFE) standards are regulations in the United States, first enacted by the United States Congress in 1975, [1] after the 1973–74 Arab Oil Embargo, to improve the average fuel economy of cars and light trucks (trucks, vans and sport utility vehicles) produced for sale in the United States. More recently ...
In the late 1990s, the U.S. economy was on the rise and GM and Ford gained market share producing enormous profits primarily from the sale of light trucks and sport-utility vehicles. In 2001, following the September 11th attacks, a severe stock market decline caused a pension and benefit fund underfunding crisis.
The $1.5 trillion bill reduced the corporate federal tax rate from 35% to 21%, [234] its lowest point since 1939. [235] The bill also cut the individual tax rate, reducing the top rate from 39.6% to 37%, although these individual tax cuts expire after 2025; [ 234 ] as a result, "by 2027, every income group making less than $75,000 would see a ...
Their 2017 rate of 0.18 disengagements per 1,000 mi (1,600 km) was an improvement over the 0.2 disengagements per 1,000 mi (1,600 km) in 2016, and 0.8 in 2015. In March 2017, Uber reported an average of 0.67 mi (1.08 km) per disengagement.
Insurance premiums accounted for just under 1% of GDP in 2008, [232] a figure partly attributable to low average income per head. [232] Five state-owned insurance firms dominate the market, four of which are active in commercial insurance. The leading player is the Iran Insurance Company, followed by Asia, Alborz and Dana insurances.
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