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Ford and Volkswagen have to face new problems, as a new coalition of environmental groups have launched a campaign to persuade automakers to live by their commitments for meeting emissions and fuel economy targets for the next decade. It accused the industry of colluding with the Trump administration to loosen the clean-car standards. The coalition initially plans to pressure Ford Motor Co. and Volkswagen Group of America to publicly support the fuel efficiency program, one of President Barack Obama's key initiatives for curbing greenhouse gases that contribute to climate change. It w...
A new coalition off major automakers, suppliers and auto dealers is being launched, it will try to urge President Donald Trump not to withdraw from the North American Free Trade Agreement. Nearly every major automaker is part of it: General Motors, Toyota Motor Corp., Volkswagen AG, Hyundai Motor Co., Ford Motor Co. and few others. They are backing an advertising campaign to convince the White House and voters that the agreement has been crucial in boosting U.S. automotive sector production and jobs. Trump has threatened to withdraw from the trade deal with U.S., Canada and Mexico, which ...
If Donald Trump won’t reach the deal with Mexico to substantially revise the North American Free Trade Agreement, he could switch to a bilateral trade pact with Canada. He said to reporters he could envision maintaining free trade with Canada. He spoke at the White House alongside Canadian Prime Minister Justin Trudeau, on a visit to try to convince the U.S. leader of NAFTA's merits as a new round of renegotiations began near Washington. Asked about Trump's comments at a news conference later, Trudeau said he was still optimistic about the chances of modernizing the 19...
Trump’s administration gets sued by California, New York and 3 other states for delaying the rollout of higher “gas-guzzler” penalties for automakers building new vehicles failing to meet minimum fuel-economy standards.The suit, which also includes Vermont, Maryland and Pennsylvania, is the highest-profile legal challenge to Trump administration vehicle policy to date. As part of a broad deregulation push under President Donald Trump, regulators are debating whether to grant automakers significant reductions in fuel economy requirements. California Attorney General Xavier Bec...
U.S. made a proposal to South Korea to revise the five-year-old trade deal, but the country rejected it. The U.S. asked for resolution of its trade imbalance, full implementation of the existing FTA, and modification and amendment of the current deal. The officials spoke amid joint meetings in the South Korean capital after Lighthizer last month gave notice that the U.S. wants to amend the deal. No date was set for a future meeting on the issue, discussions will continue in coming weeks. The agreement could be terminated if either nation said it wanted to do so. That process would t...
