U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers on Tuesday to build more cars in the country, pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico. Trump, who has threatened to impose 35 percent tariffs on imported vehicles, opened a White House meeting with General Motors Co.
Category: Automakers
Trump signs orders advancing Keystone, Dakota pipelines
President Donald Trump moved to advance construction of the Keystone XL and Dakota Access oil pipelines Tuesday, a pair of projects that were blocked by the Obama administration due in part to environmental concerns. Both orders are subject to renegotiations of the agreements.
Justice Department launches criminal probe of FCA diesels: report
It’s been a busy week for U.S. agencies as they release information on their final actions before a new administration takes office. Yesterday the U.S. Department of Justice reportedly opened a criminal probe into the actions of Fiat Chrysler Automobiles over the emission certification of its diesel engines.
Tokyo aims to boost Trump’s perception of Japan in bid to secure trade relations
Japanese Prime Minister Shinzo Abe, right center, speaks to members of the press after meeting with President-elect Donald Trump, Thursday, Nov. 17, 2016, in New York. Pic: AP.
Fiat Chrysler may end Mexico output if Trump tariff too high: CEO
“It’s possible, if the economic terms imposed by the U.S. administration on anything that comes into the United States that, if they’re sufficiently large that it would make the production of anything in Mexico uneconomical,” said Marchionne. “We would have to withdraw.
Volkswagen gets final extension for possible emissions deal
Volkswagen is facing a deadline of Monday, Dec. 19, 2016, to tell a federal judge in San Francisco whether … . FILE – In this Sept.