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Ford is again ready to invest in its three Michigan facilities approximately $1.2 billion, and this time it is coming with another 130 jobs for Americans. We don’t know how did the automaker make this decision, whether it was pressured by Donald Trump who wants USA automakers to invest in the country more, or it was just a decision took on their own. The investments were in the works well before Trump took office, however. Ford announced plans to upgrade some of its Michigan plants in November 2015 as part of a new contract with the United auto Workers union. Ford Americas Pre...
March U.S. new vehicle sales will be about 1.62 million units, that’s up about 1.9% from 1.59 million units a year earlier. The forecast was base on the first 16 selling days of the month. The seasonally adjusted annualized rate for the month will be 17.3 million vehicles, up from 16.8 million a year earlier. Retail sales to consumers, which do not include multiple fleet sales to rental agencies, businesses and government, were set to increase 1 percent in March. Highlighting "policy uncertainty" over whether Republican U.S. President Donald Trump will press ahead wi...
California environmental regulators, taking a defiant stand against President Donald Trump on climate change, reaffirmed their commitment Thursday to tough standards to reduce greenhouse gas emissions from cars. The California Air Resources Board voted unanimously to move ahead with progressively stricter tailpipe emissions regulations, along with a separate mandate that requires automakers to sell more zero-emissions vehicles. The vote on greenhouse gas restrictions suggests a potentially bruising legal battle with the White House could be coming. Trump last week ordered the U.S. E...
We’ve been waiting for this happening and here it comes, Donald Trump will announce the new fuel efficiency rules when he will meet with automaker chiefs this week. He will be visiting an autonomous vehicle testing facility based in Detroit this Wednesday and also will meet with some major automakers CEOs who asked for revising the rules of Obama’s administration. The administration has decided to review the feasibility of the 2022 through 2025 vehicle emissions rules, after the Obama administration moved in its final days to keep them. The trip is focused on j...
Since Donald Trump has become the new U.S. president he has been vowing to turn American trade policy toward a more protectionist stance. That includes imposing a 35 percent tariff on imported cars, could have far-reaching consequences for European automakers. European auto executives who gathered here last week for the annual Geneva auto show have found themselves having to deal unexpectedly with trade issues in markets, including Britain and the United States, that just a year ago seemed steady. Many European automakers produce and even export cars from the United States and Mexic...
