Tag:AutoIndustry

Disgrace: GM, Toyota, and Fiat Chrysler side with Trump on rolling back mileage standards

With impeachment and betrayal of our allies sucking up most of the news coverage, it’s easy to forget what happens when you hand power...

The Very Stable Genius Is Now Redesigning Cars and Auto Business

Maybe Donald Trump’s Adderall dosage isn’t right, because the following tweets would seem to be the product of a hyperactive mind, tottering on the brink — especially when taken in tandem with his thirty-four minute rant on the White House lawn where he bragged about being the Chosen One. My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer. Engines would run smoother. Very little impact on the environment! Foolish executives! — Donald J. Trump (@realDonaldTrump) August 21, 2019 The Legendary Henry Ford and Alfred P. Sloan, the Founders of Ford Motor Company and General Motors, are “rolling over” at the weakness of current car company executives willing to spend more money on a car that is not as safe or good, and cost $3,000 more to consumers. Crazy! — Donald J. Trump (@realDonaldTrump) August 21, 2019 ….that when this Administration’s alternative is no longer available, California will squeeze them to a point of business ruin. Only reason California is now talking to them is because the Feds are giving a far better alternative, which is much better for consumers! — Donald J. Trump (@realDonaldTrump) August 21, 2019 This is probably Trump’s addlepated notion of a way to stave off a recession. Ain’t it a shame that it’s not only 1. incomprehensible, 2. the opposite of free-market principles, 3. illegal as hell, because the government does not dictate to automakers, or anybody else, how much they can charge for their products. But Trump thinks he really knows something about the auto industry. He believes that he was named Michigan’s “Man Of The Year” because of the burning desire of Detroit automotive machers to honor him, for his stellar contribution to the field. The award doesn’t even exist and Trump has done nothing to help the auto industry — except in his dreams and sound bites. PoliticusUSA: Donald Trump is showing signs of seriously losing his mind. There has been a great deal of hyperbole about the president’s mental state, and if one looks back over the last few decades, speculation about a president’s health has become a national hobby, but Trump’s tweet is very bizarre behavior. The Republican Party once accused Barack Obama of trying to nationalize the auto industry through a government bailout, but they say nothing when Trump tries to impose price controls on auto companies. The tweet was likely part of a half baked Trump pitch to derail a recession by spurring auto purchases. The only ideas that Trump is capable of [are] both un-capitalistic and un-American. He’s clearly flailing, worrying about the economy, and you can expect that to get worse before it gets better — and things are only going to get better economically when he’s gone.

Trump thought he ‘won’ by rolling back auto standards … until CA and the automakers struck back

Just a week after he moved into the White House, Donald Trump pulled in the heads of the nation’s auto manufacturers to talk with...

Trump’s Attack On Clean Energy Collapsing As California, Car Industry Fight Back

Nothing like starting the week out with good news. Donald Trump decided when he ran for office that the substance of his administration would be to reverse engineer each and every thing that Barack Obama had ever achieved — irregardless of whether to do so was counter productive or not. Trump’s clean energy rollback is probably the most harmful backwards move that Trump has made, all things considered. But guess what? People aren’t going along with it. The auto industry is following California’s lead towards the future of energy-efficient automobiles, federal regulations or not. Salon: The latest blow to the Trump clean energy rollback was an announcement by California and four major automakers — including Volkswagen, the world’s largest — that even if the president can persuade the courts to allow him to roll back the Obama administration’s improved regulations on pollution and efficiency standards for cars and light trucks, these companies would guarantee that their U.S. fleets meet a set of slightly modified standards devised by California for the model years 2022-25. While Ford was the only U.S. automaker to sign, it’s still a huge step. (And Ford is hardly a bit player.) General Motors appears to be seeking more credit for its significant investment in electrification, and Fiat Chrysler, having turned itself into a niche brand that proudly produced the world’s best 20th-century cars — Jeep SUVs and Ram Trucks — simply whined. (Chrysler still doesn’t know how it will comply with the much laxer 2020-21 rules.) Toyota may be watching to see what GM does. The agreement made clear that the Trump administration’s refusal to negotiate with California was rooted in its own stubbornness, not California’s unwillingness to make a reasonable offer. It further made clear that the auto industry feels deeply threatened both by the prospect of a US auto market split into two segments — one following strong California innovation rules, the other locked into yesterday’s auto technology. It also highlighted the degree to which clear mandates in other markets — particularly Europe and China — are maintaining the pace of progress toward clean, electric vehicles, and a recognition that U.S. automakers must keep up regardless of whether federal standards require that. In other words, the car companies are moving forward sanely and productively, irregardless of whether Trump wants to stay locked in the past, with old energy technologies. Speaking of which, Trump’s lies to the coal miners about “all their jobs coming back” isn’t going to hold up for much longer, either. And what of the other flank of the Trump assault on climate progress: His promise to bring back “beautiful” coal? The last month has seen a slew of announcements making utterly clear that the coal industry is on the way out as a source of electric energy. The Energy Department has conceded that coal’s share of U.S. electricity generation will continue to plummet – from more than 50% a few years ago, to 30% in 2017 and a forecast of only 24% this year. The largest coal power plant to fall thus far —  American Electric Power’s behemoth Rockport, Indiana, facility — has announced it will shut down. An all-Republican body of utility regulators in Georgia required Georgia Power not only to shut down much of its coal facilities, but also to embrace renewables, rather than natural gas, as the […]

Closing the border would shut down the U.S. auto industry within a week, expert says

The U.S. might run out of avocados in three weeks if Donald Trump follows through on his threat to close the border with Mexico, but the U.S....

Tighten your belt, America—Trump’s tariff backlash takes hold and consumer goods are skyrocketing

Donald Trump started an ill-advised trade war, inexplicably taking aim at our allies like Canada and Germany while also escalating tensions with China. From the beginning, experts warned the Trump administration they were wading into very dangerous...

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