WASHINGTON - JULY 29: (L to R) U.S. President Barack Obama watches as Jim Lentz, President and COO of Toyota Motor Sales USA, Josef Kerscher, President of BMW Manufacturing Co., Andrew Goss, ... more 
WASHINGTON - JULY 29: (L to R) U.S. President Barack Obama watches as Jim Lentz, President and COO of Toyota Motor Sales USA, Josef Kerscher, President of BMW Manufacturing Co., Andrew Goss, President of Jaguar Land Rover North America, Jim O'Sullivan, President and CEO of Mazda North American Operations, and others clap after he spoke at an event announcing new auto fuel economy standards at the Washington Convention Center July 29, 2011 in Washington, DC. Joined by auto industry leaders and others, Obama announced a program aimed to further improving fuel efficiency in cars and light-duty trucks to 54.5 miles per gallon by the 2025 model year and will begin be phased in starting in 2017. (Photo by Brendan Smialowski/Getty Images) less 
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Getty Images | Photo By Brendan Smialowski / Getty Images
Fri, Jul 29, 2011 2:42 PM EDT