U.S. President Barack Obama
U.S. President Barack Obama during Monday night's address to the nation. REUTERS/Pool photo

President Barack Obama on Friday, July 29, will announce a program to improve fuel efficiency for cars and light-duty trucks, the White House said on Wednesday.

The program would affect model years 2017-2025 and result in "significant cost savings for consumers at the pump, dramatically reduce oil consumption, cut pollution and create jobs," White House spokesman Jay Carney said.

White house Fuel efficiency Barack obama White house