FUEL PRICES:

The Obama Administration said some times ago that the Average Fuel Economy will be 54.5 mpg by the year 2025. In a study done by NADA, National Automobile Dealers Association, they said that rules like that will cause car prices to rise, and by 2025, over 7 million drivers will not be able to afford a new car. Since people won't be able to afford a new car, they will be driving, older, less fuel-efficient cars, which leads to not meeting the 54.5 mpg standard by 2025.

The problem doesn't stop there. They also warned that used car prices are on the rise, due to the similar problem shown above. People will more likely buy used cars than new cars in the future (according to NADA) since used cars will be a considerate amount cheaper than new cars.

Will the extiction of automobiles start as we get closer to 2025? No, because this is all because relating to cars that run on GAS. It is also important to know that electric and hybrid vehicles will dominate the market in the future as gasoline (fossil fuels) run out. If so, this problem might not as be important, but stay tuned for more details.