This bill, known as the "Restoring Affordability in Automobile Manufacturing Act" or "RAAM Act," aims to significantly alter federal automotive regulations. Its primary purpose is to eliminate Corporate Average Fuel Economy (CAFE) standards , repealing Chapter 329 of title 49, United States Code. This repeal will apply to model year 2029 and all subsequent model years for manufacturers. Beyond repealing federal standards, the bill establishes a national fuel economy policy that preempts state and local authority. It asserts that the regulation of fuel economy standards for motor vehicles is exclusively reserved to the Federal Government under the Commerce Clause. Consequently, states and their political subdivisions are prohibited from adopting or enforcing their own fuel economy or average fuel economy standards for automobiles. The legislation includes numerous conforming amendments to various sections of title 49, United States Code, and the Energy Policy and Conservation Act. These amendments update definitions and remove references to the repealed CAFE standards, ensuring consistency across federal law. The bill intends to free consumers, manufacturers, distributors, and sellers from state laws or regulations inconsistent with this new federal policy.