DAILYCALLER (Alexander Gray) - Cheap Chinese ‘Surveillance Machines’ Cannot Flood US Car Market At All Costs
‘cheap, Chinese surveillance machines on our streets’
YOUTUBE (Fox Business) - 'ABSOLUTELY RIDICULOUS': TrueCar founder goes off on those betting against Musk
TrueCar founder and CEO Scott Painter discusses the impact on consumers and automakers amid U.S.-Canada trade threats over tariffs and comments on criticism aimed at Elon Musk on 'Varney & Co.' 00:00 - Trump’s 50% Tariff Threat on Canadian Cars 00:30 - The Crisis of Car Affordability 00:50 - How Interest Rates Impact the Market 01:03 - Automakers Absorbing Tariff Costs 01:34 - Why it’s a Great Time to Buy a New Car 01:58 - Scott Painter on Elon Musk and SpaceX
AMERICANALMANAC (Alex Tanzer) - Senate Republicans move to scrap federal fuel economy rules that have driven up car prices for decades
Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in […] The post Senate Republicans move to scrap federal fuel economy rules that have driven up car prices for decades appeared first on American Almanac .
Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in Automobile Manufacturing Act with five GOP cosponsors: Sens. Jim Risch of Idaho, Rick Scott of Florida, Cindy Hyde-Smith of Mississippi, Pete Ricketts of Nebraska, and Alan Armstrong of Oklahoma. The bill would free automakers from federal fuel economy standards beginning with model year 2029 vehicles, the Washington Free Beacon reported . The American Petroleum…Open
NYTIMES (Keith Bradsher) - How Volkswagen’s Troubles Were Made in China
The German auto giant’s push into China powered it for decades, but now the company faces fierce competition from Chinese automakers in markets around the world.
NEWSNATIONNOW (Michael Ramsey) - New car sales stagnate but automakers still profiting: Report
The average price of a new auto has climbed to $50,000 compared with $34,000 a decade ago.
NYTIMES (Stacy Cowley) - Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
NYTIMES (Ian Austen) - Do U.S. Automakers Have a Future in Canada?
Detroit-based automakers pioneered open trade between Canada and the United States, benefiting both countries. President Trump’s trade war now leaves their future in the country in question.
JUSTTHENEWS (Kevin Killough) - US auto industry, lawmakers beg Trump in Xi summit not to grant China access to American auto market
Automakers and their suppliers, steel producers, and unions argue that China's highly subsidized and massive auto industry would allow the Asian country to sell cars far below what U.S. automakers could.
NYTIMES (Oren Cass) - Is Trump About to Invite In the Biggest Predator in the World?
Chinese automakers do not belong on American soil.
JUSTTHENEWS (The Center Square Staff) - Trump threatens new EU auto taxes that could drive up prices
Trump announced the move Friday on Truth Social, saying the EU "is not complying with our fully agreed to Trade Deal" and pledging no tariff for automakers that produce vehicles in American plants.