General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its strategy in North America in response to the threatened tariffs. The automaker has pulled together an “extensive playbook” of possible options but won’t put them… Continue reading G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
Author: New York Times Online News
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
Stellantis, the company that owns Chrysler and Jeep, said on Wednesday it planned to reopen a factory in Illinois and increase production elsewhere in the United States, a move that is likely to resolve several simmering disputes with the United Automobile Workers union. The reopening is also likely to help the company in its relations… Continue reading Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
At Daytona, Wayne Taylor Racing Rejoins Cadillac
After four years apart, Wayne Taylor Racing has reunited with Cadillac. Wayne Taylor, the team principal, said he was “rejuvenated.” After finishing second in the Rolex 24 at Daytona three times in four years in partnership with Chevrolet from 2013 to 2016, a switch to Cadillac in 2017 yielded three victories in four events. The… Continue reading At Daytona, Wayne Taylor Racing Rejoins Cadillac
Porsche Aims for Its Record 20th Win at Daytona
Porsche can extend its lead as the manufacturer with the most wins in the Rolex 24 at Daytona in Florida if it comes in first again this year. The German automaker already holds the record for the most victories by a manufacturer in the endurance race. But if it wins this weekend’s opening event of… Continue reading Porsche Aims for Its Record 20th Win at Daytona
Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
Automakers ship billions of dollars’ worth of vehicles and parts across the U.S. borders with Canada and Mexico every day. President Trump’s plan for 25 percent tariffs on imports from those countries could severely disrupt those operations. On Monday, hours after his inauguration, Mr. Trump said he planned to impose the tariffs beginning Feb. 1.… Continue reading Automakers Brace for Impact of Trump Tariff Plan for Canada and Mexico
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits for electric vehicle purchases, federal grants for chargers, and subsidies and loans to help retool assembly lines and build battery factories. Executive orders issued by Mr. Trump on Inauguration Day amount to… Continue reading Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub
Since 1988, the hulking presses at Lanex Manufacturing on the edge of Windsor, Ontario, have been stamping out door strikers, folding-seat latches, tailpipe hangers, frame braces and other prosaic bits of metal that make their way into vehicles ranging from Corvettes to Honda minivans. But, these days, worries about the future permeate the plant as… Continue reading Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Toyota Motors’ trucking unit has agreed to plead guilty to criminal charges and pay $1.6 billion in civil and criminal penalties for fraudulently concealing excess emissions from diesel engines sold in the United States, the Environmental Protection Agency said Wednesday. For more than a decade, Hino Motors, a Toyota subsidiary, submitted false testing data to… Continue reading Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
What to Know About the E.V. Tax Credit That Trump Might Repeal
Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such cars and trucks more affordable. But understanding which cars it applies to and under what circumstances can be confusing. And all of those rules could change… Continue reading What to Know About the E.V. Tax Credit That Trump Might Repeal
Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks
Gov. Gretchen Whitmer of Michigan, a leading Democrat from a critical battleground state, on Wednesday subtly warned against President-elect Donald J. Trump’s tariff threats targeting Canada, even as she stressed her broader willingness to work with him on the cusp of his second inauguration. Her speech, at the Detroit Auto Show, offered among the clearest… Continue reading Defending Michigan’s Auto Industry, Whitmer Warns of Tariff Risks