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Major automakers are seizing on the infancy of President-elect Donald Trump’s administration to mount a push to ease regulatory headaches faced under President Obama. In a letter to Trump’s White House transition team today, the Alliance of Automobile Manufacturers proposed that the new administration pause a key step in the ongoing midterm evaluation of the Obama administration’s 2025 fuel economy and greenhouse rules until Trump’s administration can “lead efforts” with regulators and automakers on “a pathway forward” for the final four ye...
In September 2016, 67,809 units of F-Series pickup trucks were sold with a year-over-year (or YoY) decline of 2.6%. Despite this fall, the company posted its best YTD (year-to-date) F-Series retail sales in September. As you know, the F-150 is a full-size pickup truck. The significance of these trucks is immense for Ford, as trucks typically yield higher profitability than the Small Car segment. However, Ford is not the only player in the pickup truck segment. Other automakers such as General Motors (GM), Fiat Chrysler Automobiles (FCAU), and Toyota (TM) also pose competition to th...
Hillary Clinton has made a distinction between her and Donald Trump, her rival for the U.S. president post. She has painted herself as the person who fights for income fairness and middle-class workers. The Democratic lady told to the crowd of 500 people at the Futuristic Tool and Engineering event that she plans to invest in infrastructure, offer new tax credits, encourage corporate profit-sharing and paid apprenticeships. She promised she will do wherever it takes to bring the U.S. auto companies back, which are investing outside of the country in order to avoid the huge taxes, by...
It's been not so long since we've wrote about Cadillac ending its Donald Trump sponsorship and PGA's World Golf Championship deciding to move in Mexico. In fact it's been just a few days since then, and U.S. Republican presidential candidate is already responding at this move. Mr. Trump criticized General Motors for investing in Mexico. His campaign speeches say for itself, the presidential elections candidate suggests that Ford Motor Co. would back down from plans to expand in Mexico or face a 35% tariff on vehicle expands. Ford isn't the only ...
For six year Cadillac was the lead sponsor of the PGA's World Golf Championship, which has incited a response from Donald Trump, the presumptive Republican presidential nominee. But now the company has decided to move on and ended its sponsorship. Now that PGA stays without Cadillac's money it made a decision to move the WGC to Mexico City. Mr. Trump had a statement as a response to this action, saying Cadillac was a great sponsor, but they're moving it to Mexico. They're moving it to Mexico and he doesn't understand what is going on to U.S.. Cadillac says it was...