Categories for Auto Industry

30,511. 11/11/2019

AUTO INDUSTRY/CHINA/ECONOMY/GERMANY/TRADE DEALS/TRUMP AS PRESIDENT: “For three decades, China’s burgeoning demand for German cars, machines and engineering tools has been a steady engine of growth for Europe’s largest economy, gratefully championed by successive governments in Berlin. But the engine is starting to splutter. China’s economy is slowing, Donald Trump’s ‘America First’ policies are hurting global trade and China’s factories are becoming rivals to the German giants that once supplied them. The slowdown is not helping at a challenging time for Germany. Its economy contracted 0.1% in the second quarter and some analysts expect third-quarter gross domestic product (GDP) data due on Nov. 14 to show a similar decline – which would leave the economy in recession for the first time since 2013. While German trade with China is only a small part of the country’s 3.4 trillion euro (3.8 trillion) economy, it has been one of the few components of GDP that Berlin could count on to grow year after year.”

Michael Nienaber, “Germany’s Chinese growth engine stalls,” Reuters, November 11, 2019 11:13 pm

30,483. 11/11/2019

AUTO INDUSTRY/EU/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration, in a move that could forestall potentially devastating tariffs on foreign automobiles, is in discussions with European carmakers about increasing their investment and employment in the United States. The talks come ahead of a Wednesday deadline for President Trump to decide whether to make good on his threat to impose tariffs on foreign cars and car parts, which his administration has declared a national security threat. Mr. Trump is widely expected to delay the tariffs for several months, because there is little appetite in the administration to move ahead with them now, according to people familiar with the deliberations. While neither side will call it a deal, the carmakers have worked out an understanding with American officials in an effort to prevent Mr. Trump from imposing the tariffs. German carmakers have quietly promised big investments in their United States factories, American and European officials said Monday [11-11-19]. Foreign carmakers hope that pledges of larger investments in the United States could give Mr. Trump enough bragging rights to delay the tariffs.”

Jack Ewing and Ana Swanson, “Trump May Punt on Auto Tariffs as European Carmakers Propose Plan,” The New York Times online, November 11, 2019

30,067. 10/30/2019

AUTO INDUSTRY/CALIFORNIA/TRUMP AS PRESIDENT: “Thank you @GM, @FiatChrysler_NA, @Toyota, and @GloblAutomkrs for standing with us for Better, Cheaper, Safer Cars for Americans. California has treated the Auto Industry very poorly for many years, harming Workers and Consumers. We are fixing this problem! https://t.co/cf6I1e0yjQ

Donald Trump, Twitter.com, October 30, 2019 12:19 pm

30,064. 10/30/2019

AUTO INDUSTRY/CALIFORNIA/TRUMP AS PRESIDENT: “Monday’s [10-28-19] surprise move by General Motors, Toyota and other auto giants to back President Trump in his fight with California over pollution rules came after days of White House pressure to support one of the administration’s biggest efforts to weaken climate regulations. Previously, many automakers had indicated to California that they would not take a stand, according to Mary D. Nichols, chairwoman of California’s clean air regulator, the Air Resources Board. Late last week, their stance quickly changed. Andrew Olmem, a top policy aide to Mr. Trump, began calling car companies to push them to sign on to the administration’s effort in the courts to eliminate California’s right to set its own auto emissions rules on planet warming pollution, a power granted under the Clean Air Act of 1970. He was joined on the phone in some cases by Justice Department officials, according to a person familiar with the matter. The auto industry was already divided. In July four other major companies — Ford, Honda, Volkswagen and BMW — publicly sided with California.”

Coral Davenport and Hiroko Tabuchi, “White House Pressed Car Makers to Join Its Fight Over California Emissions Rules,” The New York Times online, October 30, 2019

29,974. 10/28/2019

AUTO INDUSTRY/CALIFORNIA/CLIMATE CHANGE/TRUMP AS PRESIDENT: “Breaking with some of their biggest rivals, General Motors, Fiat Chrysler and Toyota said Monday they were intervening on the side of the Trump administration in an escalating battle with California over fuel economy standards for automobiles. Their decision pits them against leading competitors, including Honda and Ford, who this year reached a deal to follow California’s stricter rules. It represents the latest twist in one of the Trump administration’s most consequential rollbacks of regulations designed to fight climate change. It has also opened a rift among the world’s biggest automakers — the very industrial giants that the Trump administration maintains it was trying to help with regulatory relief. The Trump administration has proposed a major weakening of federal auto emissions standards set during the Obama administration, prompting California to declare that it will go its own course and keep enforcing the earlier, stricter standards.”

Hiroko Tabuchi, “General Motors Sides With Trump in Emissions Fight, Splitting the Industry,” The New York Times online, October 28, 2019

29,605. 10/18/2019

AUTO INDUSTRY/CABINET/ENERGY/LOBBYING/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Trump likes to say that people in his political orbit come straight out of central casting, ‘tough hombres’ from far beyond the Capital Beltway ready to roil the swamp. Increasingly, though, his cabinet is full of lobbyists. On Friday [10-18-19] came the latest lobbyist elevation. Out went Energy Secretary Rick Perry, the genial former governor of Texas and onetime Dancing with the Stars contestant. In came his deputy, Dan Brouillette, who spent much of his career as a senior vice president of the United Services Automobile Association, a financial services company, and at the Ford Motor Company… The pattern holds throughout the agencies trusted to provide for the common defense, promote clean air and water, care for public lands and waters, and safeguard energy supplies and nuclear weapons.”

Lisa Friedman, “New Energy Secretary Fits Trend: Cabinet Dominated by Lobbyists,” The New York Times online, October 18, 2019

28,936. 10/1/2019

AUTO INDUSTRY/TRUMP AS PRESIDENT: “RT @realDonaldTrump: BIG NEWS by @Hyundai, @Kia, and @Aptiv on a 4 BILLION DOLLAR joint venture to develop autonomous driving technologies…”

Donald Trump, Twitter.com, October 1, 2019 5:07 am

28,919. 9/30/2019

AUTO INDUSTRY/JOBS/TRUMP AS PRESIDENT: “BIG NEWS by @Hyundai, @Kia, and @Aptiv on a 4 BILLION DOLLAR joint venture to develop autonomous driving technologies in the USA. That’s a lot of $$ and JOBS! Great jobs coming back to America!!” 

Donald Trump, Twitter.com, September 30, 2019 2:08 pm

28,543. 9/19/2019

ATTORNEY GENERAL/AUTO INDUSTRY/CALIFORNIA/DEMS/JUSTICE DEPARTMENT/TRUMP AS PRESIDENT: “Two U.S. Democratic lawmakers on Thursday [9-19-19] asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions, according to a letter seen by Reuters. Jerrold Nadler, chairman of the House of Representatives Judiciary Committee, and Representative David Cicilline, head of the antitrust subcommittee, asked White House counsel Patrick Cipollone and Makan Delrahim, assistant attorney General for the Justice Department’s Antitrust Division, to turn over any documents or communications between Trump, White House staff or Justice Department officials related to the probe into Ford Motor Co (F.N), Honda Motor Co (7267.T), BMW AG (BMWG.DE) and Volkswagen AG (VOWG_p.DE) by Oct. 2.”

David Shepardson, “House Democrats ask if Trump interfered in DOJ automaker antitrust probe,” Reuters, September 19, 2019 1:39 pm

28,538. 9/19/2019

AUTO INDUSTRY/CALIFORNIA/EPA/TRUMP AS PRESIDENT: “President Donald Trump’s administration said on Thursday [9-19-19] it is revoking California’s authority to set its own auto tailpipe emissions standards and require some zero-emission vehicles, a move certain to spark a legal battle between federal officials and the most populous state over the future of U.S. vehicles. U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler said the decision will ensure nationwide rules that provide “much-needed regulatory certainty for the automotive industry.” Currently, California’s more stringent vehicle emissions rules are followed by a dozen other states that account for more than 40% of U.S. vehicle sales. California, for decades given the authority by the federal government under presidents of both parties to establish its own emissions standards, responded with defiance.”

David Shepardson, “Trump administration bars California from requiring cleaner cars,” Reuters, September 19, 2019 3:10 am

28,516. 9/18/2019

AUTO INDUSTRY/JOBS/TRUMP AS PRESIDENT: “….far safer and much less expensive. Many more cars will be produced under the new and uniform standard, meaning significantly more JOBS, JOBS, JOBS! Automakers should seize this opportunity because without this alternative to California, you will be out of business.”

Donald Trump, Twitter.com, September 18, 2019 10:19 am

28,515. 9/18/2019

AUTO INDUSTRY/CALIFORNIA/TRUMP AS PRESIDENT: “…. advantage, and also due to the fact that older, highly polluting cars, will be replaced by new, extremely environmentally friendly cars. There will be very little difference in emissions between the California Standard and the new U.S. Standard, but the cars will be…”

Donald Trump, Twitter.com, September 18, 2019 10:19 am

28,514. 9/18/2019

AUTO INDUSTRY/CALIFORNIA/TRUMP AS PRESIDENT: “The Trump Administration is revoking California’s Federal Waiver on emissions in order to produce far less expensive cars for the consumer, while at the same time making the cars substantially SAFER. This will lead to more production because of this pricing and safety……”

Donald Trump, Twitter.com, September 18, 2019 10:19 am

28,426. 9/15/2019

AUTO INDUSTRY/TRUMP AS PRESIDENT: “Here we go again with General Motors and the United Auto Workers. Get together and make a deal!”

Donald Trump, Twitter.com, September 15, 2019 5:54 pm

28,179. 9/6/2019

AUTO INDUSTRY/CALIFORNIA/ENVIRONMENT/TRUMP AS PRESIDENT: “The Trump administration is opening new fronts in its legal war with California and much of the auto industry over clean air rules, taking steps toward punishing two of the major opponents of the president’s efforts to roll back Obama-era regulations. The administration’s tactics include an expected effort to strip away California’s authority to set its own air pollution standards for cars and trucks, as well as a new Justice Department antitrust probe into four automakers that are voluntarily cooperating with the state’s clean air goals. The administration also warned California on Friday [9-6-19] that its attempt to circumvent the administration’s rollback of federal rules is illegal. All three actions represent a striking escalation of pressure from the administration, and come weeks afterPresident Donald Trump publicly rebuked the ‘politically correct Automobile Companies’ that are resisting his efforts to let them produce more gas-guzzling vehicles.”

Zack Colman, “Trump deepens legal war against California, automakers,” Politico, September 6, 2019 4:00 pm

28,151. 9/5/2019

AUTO INDUSTRY/CALIFORNIA/ENVIRONMENT/EPA/TRUMP AS PRESIDENT: “President Trump is strongly considering a plan to revoke California’s legal authority to set state tailpipe pollution standards that are stricter than federal regulations, according to three people familiar with the matter. The potential challenge to California’s authority, which would be a stinging broadside to the state’s governor and environmentalists, has been widely anticipated. But what’s notable is that the administration would be decoupling its challenge to California from its broader plan to weaken federal fuel economy standards, the latest sign that its plans for that rollback have fallen into disarray. Since the early months of the administration, the Environmental Protection Agency and the Transportation Department have been pursuing one of Mr. Trump’s most consequential attempts to weaken regulations designed to fight climate change: a sweeping rollback of Obama-era rules designed to cut the emissions of planet-warming greenhouse gases.”

Coral Davenport, “White House Prepares to Revoke California’s Right to Set Tougher Pollution Rules,” The New York Times online, September 5, 2019

27,985. 8/31/2019

AUTO INDUSTRY/TRUMP AS PRESIDENT: “RT @SenCapito: Highlights from today’s @HINOTRUCKSUSA visit 🚛🚚 Although #WV has a vibrant automotive industrial cluster, this facility is t…” 

Donald Trump, Twitter.com, August 31, 2019 7:11 am

27,926. 8/30/2019

AUTO INDUSTRY/CHINA/TRUMP AS PRESIDENT: “General Motors, which was once the Giant of Detroit, is now one of the smallest auto manufacturers there. They moved major plants to China, BEFORE I CAME INTO OFFICE. This was done despite the saving help given them by the USA. Now they should start moving back to America again?”

Donald Trump, Twitter.com, August 30, 2019 7:06 am

27,677. 8/21/2019

AUTO INDUSTRY/CALIFORNIA/TRUMP AS PRESIDENT: “Henry Ford would be very disappointed if he saw his modern-day descendants wanting to build a much more expensive car, that is far less safe and doesn’t work as well, because execs don’t want to fight California regulators. Car companies should know….”

Donald Trump, Twitter.com, August 21, 2019 6:01 pm

27,675. 8/21/2019

AUTO INDUSTRY/TRUMP AS PRESIDENT: “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 Trump, Twitter.com, August 21, 2019 5:50 pm

27,663. 8/21/2019

AUTO INDUSTRY/ENVIRONMENT/TRUMP AS PRESIDENT: “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 Trump, Twitter.com, August 21, 2019 8:38 am

27,625. 8/20/2019

AUTO INDUSTRY/TRUMP AS PRESIDENT: “RT @VP: Under @POTUS’ leadership, the auto industry is roaring back in MI! This year alone, GM announced it will add 400 jobs, Ford has an…”

Donald Trump, Twitter.com, August 20, 2019 8:16 am

27,346. 8/11/2019

AUTO INDUSTRY/DEMS/ENERGY/TRUMP AS PRESIDENT: “RT @GOPChairwoman: While 2020 Democrats like Joe Biden threaten to eliminate all fossil fuels and wipe out Michigan’s auto industry, @realD…”

Donald Trump, Twitter.com, August 11, 2019 10:52 pm

26,897. 7/25/2019

AUTO INDUSTRY/CALIFORNIA/CLIMATE CHANGE/TRUMP AS PRESIDENT: “Four of the world’s largest automakers have struck a deal with California to reduce automobile emissions, siding with the state in its fight with President Trump over one of his most consequential regulatory rollbacks. In coming weeks, the Trump administration is expected to all but eliminate an Obama-era regulation designed to reduce vehicle emissions that contribute to global warming. California and 13 other states have vowed to keep enforcing the stricter rules, potentially splitting the United States auto market in two. With car companies facing the prospect of having to build two separate lineups of vehicles, they opened secretive talks with California regulators in which the automakers — Ford Motor Company, Volkswagen of America, Honda and BMW — won rules that are slightly less restrictive than the Obama standards and that they can apply to vehicles sold nationwide.”

Coral Davenport and Hiroko Tabuchi, “Automakers, Rejecting Trump Pollution Rule, Strike a Deal With California,” The New York Times online, July 25, 2019

26,507. 7/12/2019

AUTO INDUSTRY/MEXICO/TARIFFS/TRUMP AS PRESIDENT: “….companies to come to the USA and to get companies that have left us for other lands to COME BACK HOME. We stupidly lost 30% of our auto business to Mexico. If the Tariffs went on at the higher level, they would all come back, and fast. But very happy with the deal I made,…”

Donald Trump, Twitter.com, July 12, 2019 7:48 am