U.S. auto industry

General Motors is being described as the biggest beneficiary of the Trump administration's rollback of U.S. fuel economy standards, with looser rules easing pressure on GM's large truck and SUV lineup. The rollback reduces penalties for less fuel-efficient fleets, giving GM an advantage over rivals that leaned more heavily on smaller vehicles and aggressive electric vehicle targets. Analysts and business media are weighing what the relief means for GM's profits and for the wider auto industry's EV transition.