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Keyword: automakers

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  • First Shift: CEOs ask Trump to review mpg rule

    02/13/2017 8:28:09 AM PST · by GonzoII · 100 replies
    Automotive News ^ | February 13, 2017
    First Shift: CEOs ask Trump to review mpg rule
  • Audi and Snoop Dogg During the Super Bowl

    02/09/2017 10:05:35 AM PST · by Kaslin · 18 replies
    Townhall.com ^ | February 9, 2017 | Larry Elder
    The exciting recent Super Bowl meant that fans paid more attention to the game than to the commercials. But there were some doozies, including the 84 Lumber commercial that sympathetically depicted a Latina mother and her young daughter trying to cross the border and enter America, only to encounter a foreboding wall. Hint, hint: President Trump wants to build a wall on the southern border. But at least two other commercials stood out. An Audi commercial highlighted the alleged problem of women receiving unequal pay. A male voice says: "What do I tell my daughter? Do I tell her that...
  • Audi: The Car for the Unhappy Woman

    02/08/2017 4:48:39 AM PST · by Kaslin · 110 replies
    Townhall.com ^ | February 8, 2017 | Dennis Prager
    In the Audi Super Bowl ad, a male voice in grave tones says: "What do I tell my daughter? "Do I tell that her grandpa is worth more than her grandma? "That her dad is worth more than her mom? "Do I tell her that despite her education, her drive, her skills, her intelligence, she will automatically be valued as less than every man she ever meets? "Or maybe ... I'll be able to tell her something different." If there was ever a more mendacious or socially destructive ad during the Super Bowl, let alone on television, I am unaware...
  • Hyundai allows US soldiers to attend super bowl with their families virtually

    02/06/2017 10:27:56 AM PST · by Uncle Sam 911 · 13 replies
    The Washington Times ^ | 2/6/17 | Bradford Richardson
    Hyundai gave several U.S. soldiers who weren’t able to be home for the Super Bowl the next best thing: A virtual ticket to the big game with their families. The automaker ran a 90-second commercial following the championship game showing three soldiers from the 4th Infantry Division stationed in Zagan, Poland, walking into video booths designed to mimic the experience of attending the Super Bowl. The best part: Sitting next to the cameras at the Super Bowl were the wives, husbands, daughters and sons of the service members.
  • Audi Super Bowl Commercial 2017 - Feminist "Gender Pay Gap" FAIL

    02/05/2017 7:10:21 AM PST · by Enlightened1 · 21 replies
    Mark Dice via Youtube ^ | 02/01/17 | Mark Dice
    Progress is in every decision we make, every technology we invent, every vehicle we build. It’s our past, our future, our reason to exist. Audi of America is committed to equal pay for equal work. A 2016 report by the U.S. Congress Joint Economic Committee found that women were paid 21% less than men on average.*https://www.youtube.com/watch?v=7PL7qHs3OgU  
  • Audi’s Super Bowl ad sure looks like they were betting on Hillary

    02/04/2017 6:08:02 AM PST · by ConservativeStatement · 153 replies
    New York Post ^ | February 1, 2017 | Claire Atkinson
    A car ad about gender equality? By a female director? This year’s Super Bowl advertisers may have planned for a Hillary Clinton presidency. Audi’s 60-second Super Bowl commercial is pitched to dads but has a message about equal pay. The ad sees a father watching his daughter win a go-cart race and then walks her to his new Audi 5S sports car. The commercial, called “Daughter” from ad agency Venables Bell & Partners, ends with a billboard that reads: “Progress is for Everyone.”
  • Fiat Chrysler Ready To Move Pickup Trucks From Mexico If Trump Plays Cards Right

    01/26/2017 9:13:49 PM PST · by 2ndDivisionVet · 52 replies
    Forbes ^ | January 26, 2017 | Joann Muller
    The chief executive of Fiat Chrysler Automobiles said his company could quickly move production of Ram heavy-duty pickup trucks to Michigan from Mexico if President Donald J. Trump's "America First" economic plan provides enough incentives. "Properly motivated, it could be executed very quickly by FCA," possibly by 2019 or 2020, Sergio Marchionne told analysts during a conference call to discuss the company's record financial results for 2016. Automakers have been under pressure from the new Trump Administration to build more of their cars in the United States as part of the president's agenda to create more American jobs. But the...
  • Trump Threatens German Car Makers With 35 Percent Tax

    01/16/2017 6:46:30 PM PST · by bobk3 · 67 replies
    The Daily Caller ^ | Robert Donachie
    President-elect Donald Trump threatened German car makers with a big border tax of 35 percent for cars imported into the U.S. Trump criticized German auto makers like BMW and Volkswagen for producing the majority of their vehicles in Germany, not the United States. “You can build cars for the United States, but for every car that comes to the USA, you will pay a 35 percent tax,” Trump told German newspaper Bild. If the German firms decide to build factories in Mexico and plan to sell cars to the U.S., “without a 35 percent tax, you can forget that,” Trump...
  • Mazda's next-gen SkyActiv engines will drop spark plugs in favor of high compression

    01/16/2017 5:49:19 PM PST · by Fai Mao · 111 replies
    Homogeneous charge compression ignition, or HCCI, is the black art of of internal combustion engines that aims to produce diesel-like fuel efficiency for the cost of gasoline. Although some of its competitors have developed and subsequently given up on the tech, Mazda confirmed that the next-generation of SkyActiv engines will employ HCCI technology, improving fuel economy by 30 percent and at the same time reducing exhaust emissions.
  • January 14, 2017 The Weak: Donald Trump vs. America's automakers

    01/14/2017 2:37:42 PM PST · by E. Pluribus Unum · 7 replies
    The smartest insight and analysis, from all perspectives, rounded up from around the web: Car companies are desperate to get on the good side of the president-elect, said Bernie Woodall and David Shepardson at Reuters. For months, Donald Trump has threatened to slap big tariffs on cars built in Mexico and has scolded U.S. automakers — sometimes inaccurately — for not building more cars domestically. All that criticism appears to be sinking in. Fiat Chrysler said this week that it will invest $1 billion in two Midwestern plants and create 2,000 U.S. jobs; Ford announced last week that it would...
  • Ford confirms return of Ranger pickup and Bronco SUV

    01/09/2017 6:57:55 AM PST · by mandaladon · 130 replies
    Fox News ^ | 9 Jan 2017 | Gary Gastelu
    DETROIT – The Bronco is back! And so is the Ranger. Ford announced on Monday at the Detroit Auto Show that it will launch a new Ranger small pickup in 2019, followed by a Bronco SUV based on it in 2020. The news comes several months after the plans were unofficially revealed through comments made by UAW workers who will be building the trucks at Ford’s Michigan assembly plant -- home to the original Bronco from 1966-1986. That's not all: Ford F-150 Diesel coming in 2018 The factory was at the center of controversy recently when President-elect Donald Trump criticized...
  • Toyota's $10bn US investment seen as nod to Trump

    01/10/2017 5:22:48 AM PST · by 2ndDivisionVet · 7 replies
    The Nikkei Asian Review ^ | January 10, 2017 | Kazuyuki Okudaira
    DETROIT, U.S. -- Toyota Motor will invest $10 billion in the U.S. over five years to produce new models and boost productivity, the company president announced Monday, amid growing pressure from President-elect Donald Trump to create jobs in America. President Akio Toyoda spoke to reporters at the North American International Auto Show here, where he unveiled the new Camry sedan. Toyota plans to begin manufacturing the new model in Kentucky by the end of the year. Highlighting employment efforts, he stressed that the Japanese automaker has 136,000 workers in the U.S. and has invested $22 billion in the country during...
  • Fiat CEO Warns May Shut All Mexico Production If Trump Tariff Too High

    01/09/2017 11:22:23 AM PST · by lafroste · 35 replies
    Zero Hedge ^ | 1/9/2017 | Tyler Durden
    Agree with his proposed policies or not, it's difficult to argue that Trump is delivering on his promises to the autoworkers of the Midwest who single-handedly voted him into the White House. Before even taking office, the mere threat of import tariffs has caused Ford to cancel the construction of a $1.6 billion new facility in Mexico, and has automotive CEO's from Toyota to Chrysler walking on eggshells as they carefully try to flaunt all of the capital investments they're making in U.S.-based facilities. While likely secretly hoping for the status quo, Fiat Chrysler's U.S. CEO, Sergio Marchionne, admitted earlier...
  • Toyota announces $10 billion U.S. investment days after Trump warning

    01/09/2017 9:49:08 AM PST · by StormPrepper · 59 replies
    FoxNews ^ | January 09, 2017
    Chalk up another win for the president-elect? Toyota is set to make a $10 billion capital investment in the U.S. over the next five years, Toyota Motor North America chief executive Jim Lentz said during an interview at the Detroit auto show, Reuters reported.
  • Trump: it's finally happening ...

    01/09/2017 6:19:24 AM PST · by Sidebar Moderator · 55 replies
    Twitter ^ | January 9, 2017 | President-elect Donald J. Trump
    It's finally happening - Fiat Chrysler just announced plans to invest $1BILLION in Michigan and Ohio plants, adding 2000 jobs. This after Ford said last week that it will expand in Michigan and U.S. instead of building a BILLION dollar plant in Mexico. Thank you Ford & Fiat C!
  • Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US

    01/08/2017 3:15:23 PM PST · by mandaladon · 92 replies
    Yahoo News ^ | 8 Jan 2017 | Tom Krisher
    DETROIT (AP) -- Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs. The Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren, Michigan, to make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A factory complex just south of there in Toledo, Ohio, also will get new equipment to make the...
  • Peugeot car plant closed as Muslim workers took ‘too many prayer breaks’

    01/07/2017 4:18:54 PM PST · by LibWhacker · 58 replies
    Fitnaphobia ^ | 1/7/17 | Robert Spencer
    The future of France, and of Europe in general, can be glimpsed in this episode. “The Aulnay site closed because Muslim employees were constantly taking unscheduled prayer breaks and had become unproductive. It’s the truth. A Peugeot official told me that it was one – but obviously not the only – of the reasons the plant was shut down.” They may have considered it their due to receive payment from unbelievers even while not working. In Islamic law, non-Muslims have the duty to provide for the upkeep of Muslims. British jihadist Anjem Choudary said in February 2013: “We are on...
  • SCUTTLED FORD PLANT HAS MEXICO FEARING MORE UNDER TRUMP

    01/04/2017 12:31:22 PM PST · by Enlightened1 · 49 replies
    AP ^ | 01/04/17 | PETER ORSI
    Ford Motor Company's cancellation of plans to build a $1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico. Even as the country is being rocked by rowdy nationwide protests against a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump. "Trump leaves Mexico without 3,600 jobs," read the headline on El Universal. "Ford's braking jolts the peso," said Reforma, referring to the Mexican currency's nearly 1 percent slump following the news. "The jobs created in...
  • Scuttled Ford plant has Mexico fearing more under Trump

    01/04/2017 1:21:47 PM PST · by springwater13 · 104 replies
    "Mexico loses thousands of jobs with no word on a clear strategy for confronting the next U.S. government which has presented itself as protectionist and, especially, anti-Mexican," the paper wrote. "Trump will try to recover as many U.S. companies that have set up in Mexico as possible. He will try to make them return at whatever cost, through threats or using public resources." "Ford's decision is indicative of what awaits the economies of both countries," the daily La Jornada said. "For ours a severe decrease in investment from our neighboring country, and for the U.S. a notable increase in their...
  • Ford to scrap Mexico plant, invest in Michigan; CEO cites Trump policies

    01/03/2017 9:55:24 AM PST · by StormPrepper · 29 replies
    Foxnews ^ | January 03, 2017 | Foxnews
    Ford says it is creating new jobs in the US Before he's even taken office, President-elect Donald Trump has proven to be quite the job creator. Ford Motor Company announced Tuesday it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant, directly tying the decision to “pro-growth policies” championed by President-elect Donald Trump.
  • Ford cancels Mexico plant. Will create 700 U.S. jobs in 'vote of confidence' in Trump

    01/03/2017 8:47:52 AM PST · by MaxistheBest · 19 replies
    CNN.com ^ | 01/03/2017 | Heather Long and Poppy Harlow
    Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs. Ford (F) CEO Mark Fields said the investment is a "vote of confidence" in the pro-business environment president-elect Donald Trump is creating. However, he stressed Ford did not do any sort of special deal with Trump. "We didn't cut a deal with Trump. We did it for our business," Fields told CNN's Poppy Harlow in an exclusive interview Tuesday. He said Ford did speak with Trump and vice-president elect Mike Pence this morning. Powered by SmartAsset.com...
  • Ford Cancelling Mexico Plant, Invest $700 million in MI expansion instead

    01/03/2017 8:05:42 AM PST · by rb22982 · 218 replies
    CNBC ^ | 1/3/2017 | CNBC
    Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan expansion instead
  • Car-tastrophe - GM, Fiat Chrysler Idle 7 Plants; Over 10,000 Workers Affected

    12/22/2016 5:29:21 PM PST · by Lorianne · 56 replies
    Zero Hedge ^ | 19 December 2016 | Tyler Durden
    Cannot copy and paste content for some reason
  • Cadillac apologizes for casting call seeking actors for an ‘alt-right (neo-Nazi)’ role

    12/12/2016 2:35:46 AM PST · by csvset · 28 replies
    WAPO ^ | The Washington Post | Cleve R. Wootson Jr.
    General Motors was under fire this weekend after a casting call for Cadillac sought members of the controversial alt-right movement. According to an image of the casting call posted by the news agency Reuters and many, many others, the notice said an agency filming the ad was looking for "any and all real alt-right thinkers/believers." "This is a beautifully artistic spot that is capturing all walks of life of America," the casting call says, adding that it would be filmed later this month. "Standing together as a union. This is not meant to be offensive in anyway. Just a representation...
  • Ford will ask Trump to cut fuel-economy rules, CEO says; 'no demand' for hybrid, electric cars

    12/05/2016 8:48:34 AM PST · by GonzoII · 125 replies
    Green Car Reports ^ | Dec 5, 2016 | Stephen Edelstein
    Last week, the U.S. Environmental Protection Agency ruled that existing emissions limits for passenger cars for 2022 through 2025 should remain in place. It's a decision that is already opposed by lobbyists representing the auto industry, and possibly by the incoming Trump Administration. Sure enough, one automaker says it has already begun talks with President-elect Donald Trump that include a request for lower emissions targets.
  • Luxury electric vehicle manufacturer coming to Arizona

    11/30/2016 6:19:50 AM PST · by SandRat · 14 replies
    Sierra Vistsa Herald ^ | Howard Fischer, Capitol Media Services
    PHOENIX — A California startup will build a $700 million plant in Casa Grande to manufacture luxury electric vehicles. The plan by Lucid Motors, announced Tuesday, eventually will involve hiring 2,000 workers for what would be the state's only car manufacturing operation. The first hires will take place next year, with training for the jobs through the community and technical colleges in Pinal and Maricopa counties. Plans are to have the first vehicles ready for sale by 2018 with the goal of producing 8,000 to 10,000 built the first year. The goal is full-scale production of more than 50,000 a...
  • Ford to become first US automaker to import cars from India

    11/25/2016 2:49:27 PM PST · by 2ndDivisionVet · 24 replies
    India TV News ^ | November 25, 2016
    Despite the fact that Ford Motors is under fire from President-elect Donald Trump for importing cars from Mexico, the company will soon become the first US automaker to import vehicles from India. According to a report in CNN Money, the company has said that EcoSport compact crossover, introduced for the US market at the Los Angeles auto show, will be shipped to US from India starting 2018. The report says that the EcoSport, Ford’s smallest SUV, has been built at its assembly plant in Chennai for more than 100 markets around the world since 2013. About 15 per cent of...
  • Trump a ‘game changer’ for auto industry, Fiat CEO says

    11/24/2016 5:30:57 PM PST · by 2ndDivisionVet · 11 replies
    The Malay Mail ^ | November 25, 2016
    CASSINO, Nov 25 — President-elect Donald Trump’s critical stance toward free trade could affect Fiat Chrysler Automobiles NV’s business in North America, according to the Italian automaker’s chief executive officer Sergio Marchionne. Trump’s election “certainly is a game changer, mainly because I think that there are a number of conditions in the US which are not yet spelled out,” Marchionne told Bloomberg Television at an Alfa Romeo plant in Cassino, Italy. Statements Trump has made about trade are “a big issue” because of the North American Free Trade Agreement’s impact on Fiat’s operations in the US, Mexico and Canada. Trump...
  • Ford says Lincoln MKC production will stay in Kentucky, not move to Mexico. (Debunk the lie)

    11/18/2016 10:39:44 AM PST · by dynoman · 45 replies
    Antomotive News ^ | 11/18/16 12:16 am ET | Automotive News
    “DETROIT — Ford Motor Co. had considered moving production of the Lincoln MKC to Mexico, but instead the compact premium crossover will remain at the Louisville Assembly Plant, the automaker confirmed Thursday night. Ford spokeswoman Christin Baker said the Cuautitlan plant was the “likely” new plant for the MKC when the automaker’s deal with the UAW expires in 2019. But now the automaker plans to build the next generation of the MKC in Louisville, Kelli Felker, Ford’s global manufacturing and labor communications manager told Automotive News late Thursday.”
  • Ford’s Change on Kentucky Plant Is an Olive Branch to Donald Trump Administration

    Bill Ford’s phone call is the latest move by a business leader to thaw tension after Trump’s comments on trade One of the U.S. auto industry’s best-known figures has extended an olive branch to President-elect Donald Trump by informing him the car maker won’t move a small amount of production to Mexico, the latest effort by a business leader to thaw tension stemming from the incoming administration’s position on key issues, including global trade. Bill Ford, the great-grandson of Henry Ford and chairman of Ford Motor Co., called Mr. Trump on Thursday to tell him the company was reversing course...
  • Trump Tweets Ford Is Keeping Lincoln Plant In Kentucky (Ford Confirms)

    11/17/2016 9:57:29 PM PST · by Helicondelta · 28 replies
    wxyz.com ^ | 18 Nov 2016
    “Today, we confirmed with the President-elect that our small Lincoln utility vehicle made at the Louisville Assembly Plant will stay in Kentucky,” Ford said in an emailed statement. “We are encouraged that President-elect Trump and the new Congress will pursue policies that will improve U.S. competitiveness and make it possible to keep production of this vehicle here in the United States. We will have more details to share on our future plans at the appropriate time.”
  • Ford Calls Donald Trump – Says Plant Will Not Move to Mexico, Will Remain in Kentucky

    11/17/2016 6:58:24 PM PST · by bobsunshine · 147 replies
    The Gateway Pundit ^ | November 17, 2016 | Jim Hoft
    Bill Ford, the Chairman of Ford Moters, called Donald Trump tonight and said he will be keeing the Lincoln plant in Kentucky- Not Mexico. Trump tweeted the news tonight
  • Lincoln Kentucky Ford plant not moving to Mexico!

    11/17/2016 6:16:34 PM PST · by GilGil · 49 replies
    Twitter ^ | 11/17/2016 | Donald Trump
    Full twitter text from Donald Trump today: Just got a call from my friend Bill Ford, Chairman of Ford, who advised me that he will be keeping the Lincoln plant in Kentucky - no Mexico
  • Trump May Have Won, But Ford Is Still Moving Its Small-Car Production to Mexico

    11/16/2016 5:46:17 AM PST · by monkapotamus · 145 replies
    New York Magazine ^ | November 16, 2016 | Charley Lanyon
    Ford’s chief executive officer Mark Fields must not respond well to threats; he admitted to Reuters on Tuesday that Ford was still planning on moving the production of its small cars from Michigan to — you guessed it — Mexico... Fields claimed that the move would not have any effect at all on American jobs because the move south will “make room for two very important products we’ll be putting back into Michigan plants.” Ford has yet to announce what, exactly, those “important products” are, but Fields is convinced that the move will lead to “no job impact whatsoever.” “It’s...
  • Days After Election, General Motors Announces 2,000 Layoffs in Ohio and Michigan

    11/11/2016 12:24:27 PM PST · by Freedom of Speech Wins · 61 replies
    Breitbart ^ | 11-10-16 | Warner Todd Huston
    The day after the 2016 election for president, General Motors announced it was laying off another 2,000 workers in plants in Ohio and Michigan, two states that gave President-elect Donald Trump a major victory on Tuesday. GM said the layoffs will affect the third shifts in the plants in Lordstown, Ohio, and Lansing, Michigan, which build the low-selling cars sold under the Chevrolet and Cadillac brand names. “The Lordstown plant builds the compact Chevrolet Cruze, whose U.S. sales through October were down 20%,” Fortune magazine reported. “The Lansing Grand River plant builds the Cadillac ATS and CTS, whose sales were...
  • Ford To Idle Four Factories Due To Slowing Car Demand, Rising Inventories

    10/18/2016 8:56:53 AM PDT · by Brilliant · 72 replies
    Zero Hedge ^ | October 17, 2016 | Tyler Durden
    [The] US car industry history...suddenly appears to be bombarded with a barrage of bad news: starting with Ford's disastrous August sales when the company admitted "sales have reached a plateau"...one would almost think that a respite from the bad news was in order. One would be wrong. As a result of slowing demand and declining US auto sales coupled with growing inventory, Ford Motor is halting one of two plants that builds its top-selling F-150 pickup as it idles four factories this month amid slowing U.S. auto sales. Ford is shutting its Louisville, Kentucky, factory building the Escape and Lincoln...
  • Ford idles Mustang plant amid slow sales

    10/11/2016 10:09:56 AM PDT · by Brilliant · 107 replies
    mlive.com ^ | October 11, 2016 | David Muller
    Ford Motor Co. is idling its Flat Rock Assembly Plant, where the Dearborn automaker builds the Ford Mustang and the revived Lincoln Continental. The site will be idled for one week, Ford spokeswoman Kelli Felker said in an email. "We continue to match production with demand," Felker said in response to a query about whether the idling was due to slower Mustang sales. "Mustang remains the top seller in its segment in total and retail sales..." Sales of all Ford-brand cars fell by double-digits in the U.S. in September, as Americans continue to gravitate toward crossovers and SUVs, but the...
  • JUST IN: Republican CEO Of General Motors Makes Stunning Presidential Endorsement

    10/06/2016 12:58:13 PM PDT · by scooby321 · 53 replies
    bipartisan report ^ | 9/06/16 | Harper Cicely
    Daniel Akerson, former CEO and chairman of General Motors, says that he has always voted Republican. That is, until Republican presidential nominee, Donald Trump, came along anyway. In an op-ed article for the Washington Post, Akerson explains why he will vote Democrat for his first time ever this year:
  • Ford chairman met with Trump over 'infuriating' Mexico comments

    10/05/2016 12:36:39 PM PDT · by 2ndDivisionVet · 130 replies
    Reuters ^ | October 5, 2016 | David Shepardson
    Ford Motor Co (F.N) Executive Chairman Bill Ford Jr. said on Wednesday he has met with Donald Trump to talk about the Republican presidential candidate's extensive criticism of the automaker's investments in Mexico. Ford told the Economic Club of Washington that he thought Trump's criticism of the No. 2 automaker's foreign investments were "infuriating and "frustrating" because of the company's extensive investments and employment in the United States. Trump has threatened if elected to impose hefty tariffs on Ford imports from Mexico. Ford told reporters after the event that the session with Trump was a "great meeting" that took place...
  • September US auto sales slide even as discounts rise

    10/05/2016 11:50:00 AM PDT · by Lorianne · 26 replies
    CNBC ^ | 03 October 2016
    Major automakers posted lower September U.S. sales on Monday despite big consumer discounts, as pickup truck volumes fell for both General Motors and Ford. With the top six U.S. market leaders reporting, deliveries fell 0.6 percent from a year earlier. But sales were still strong at 17.8 million vehicles on a seasonally adjusted annualized basis, Bill Fay, head of the Toyota brand in the U.S. market, told reporters on a conference call. GM, the top-seller in the United States, posted a 0.6 percent decline. Ford reported an 8 percent drop, and Fiat Chrysler Automobiles was down 1 percent. Shares of...
  • Hillary Clinton In Ohio: Donald Trump Would Have Been Happy To Let The Auto Industry Fail

    10/03/2016 3:44:00 PM PDT · by Sir Napsalot · 32 replies
    RCP Video ^ | 10-3-2016 | Tim Hains
    During a speech about her economic plan in Toledo, Ohio on Monday afternoon, Hillary Clinton slammed her GOP rivals Donald Trump and Mike Pence for opposing the 2009 auto bailout. Northwest Ohio is the center of the American auo industry. "Everybody in Ohio who is thinking about voting for Trump needs to hear that," she said. "At the time of the worst financial crisis in Ohio, in 2009, he would have let you twist and fall. "And for his running mate, he picked Mike Pence, an ardent opponent of the auto rescue," she added. (snip) America came to the rescue....
  • Blame for Ford's Mexico move falls on Obama administration

    09/19/2016 11:43:15 AM PDT · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 09/19/16 | Marita Noon
    CAFE is just one of the many policies that make doing business difficult in America Ford Motor Company made headlines on Wednesday, September 9, when, during an investor conference, CEO Mark Fields told attendees that it will invest $1.6 billion building a manufacturing plant in San Luis Potosi, Mexico, and will move all of its small car production there during the next two to three years. The announcement was hardly news as Ford has been talking about the shift for more than a year. But in the throes of an election that has both candidates decrying companies that send jobs...
  • Could Ford moving to Mexico move Michigan into Trump's column?

    09/18/2016 4:20:31 PM PDT · by 2ndDivisionVet · 70 replies
    The Sun Prairie Star ^ | September 18, 2016 | Natalia Castro, Americans for Limited Government
    Ford Motor Co. is the classic example of an all-American company, but now they are better representing what ails the American economy, as they are being forced overseas. As Ford begins plans to build a $1.6 billion auto assembly plant in Mexico for small car production, the company continues to experience the pressure of globalization crushing their American business dreams. Ford was a classic Michigan company, but as Detroit News reported Michael Martinez reports, "It will employ 2,800 at the new Mexican plant by 2020." It is no surprise Ford has to modify their building model in order to compete,...
  • Ford to move all small-car production to Mexico from U.S.: CEO

    09/14/2016 2:12:03 PM PDT · by Nero Germanicus · 90 replies
    Yahoo Finance ^ | 9/14/16 | Bernie Woodall and David Shepardson
    Ford Motor Co Chief Executive Officer Mark Fields said on Wednesday that all of the company's small-car production will be leaving U.S. plants and heading to lower-cost Mexico. "We will have migrated all of our small-car production to Mexico and out of the United States," over the next two to three years, Fields told Wall Street analysts at an investor conference hosted by the automaker. Earlier this year, Ford said it would invest $1.6 billion in Mexico for small-car production to start in 2018. Republican presidential candidate Donald Trump has criticized Ford for moving U.S. jobs to Mexico. Fields has...
  • Ford Says It's Moving All of Its U.S. Small Car Production to Mexico

    09/14/2016 3:29:17 PM PDT · by Nachum · 93 replies
    CNS News ^ | 9/14/16 | AP
    DETROIT (AP) — Ford Motor Co. says it's moving all of its U.S. small car production to Mexico. Ford CEO Mark Fields confirmed the long-expected move Wednesday during an event for investors and Wall Street analysts. Ford currently makes its Fiesta subcompact in Mexico, but its Focus and C-Max small cars are made in suburban Detroit. Making them in Mexico would boost company profits because of low wages there.
  • The Very First Shelby Cobra Just Sold For A Staggering Record $13.75 Million

    08/21/2016 8:37:35 AM PDT · by BenLurkin · 70 replies
    jalopnik.com ^ | Patrick George
    The Monterey Car Week auctions are where the beautiful members of the landed gentry go to blow obscene amounts of money on cars, and at yesterday’s RM Sotheby’s auction, one of them took Cobramania to new heights. This 1962 Shelby 260 Cobra known as the CSX 2000 just commanded $13.75 million at auction. ... RM Sotheby’s has a ton of detailed information on this legendary car, but it is notable for being the very first Shelby Cobra. It arrived in the U.S. without a motor in February 1962, and Carroll Shelby and his partner Dean Moon then threw in a...
  • The Electric Car Future That Never Happened

    08/17/2016 5:00:06 AM PDT · by MichCapCon · 40 replies
    Michigan Capitol Confidential ^ | 8/14/2016 | Tom Gantert
    Not long ago, many experts were projecting gas prices above $5 per gallon for the U.S. President Barack Obama said “with more research and incentives” there would soon be 1 million electric plug-in cars on the road. The top executive at General Motors claimed the company could sell 120,000 Chevy Volts in a year. That was in 2011, when GM’s electric plug-in car was still in its infancy. Former Michigan Gov. Jennifer Granholm very publicly bought her own Chevy Volt after telling the media that electric car batteries represented the “beginning of new Michigan.” That didn't happen, despite massive spending...
  • Ford pledges to have a fleet of fully autonomous cabs on the road 'by 2021'....

    08/16/2016 3:51:15 PM PDT · by BenLurkin · 20 replies
    dailymail.co.uk ^ | 16 August 2016 | Mark Brigg
    Ford intends to have a fully driverless vehicle — no steering wheel, no pedals — on the road within five years. The cars will initially be used for commercial ride-hailing or ride-sharing services; sales to consumers will come later. Ford CEO Mark Fields announced the new goal Tuesday at the company's Silicon Valley campus in Palo Alto, California, sparking rumours it could sell the cars to Uber - which is already testing its self driving systems using the firm's vehicles in Pittsburgh. ... Nair says Ford will continue developing driver-assist systems, like automatic emergency braking or lane departure warning. But...
  • Mexico's New Auto Plants Unable To Find Enough Labor... As Detroit Still Suffers ...

    08/16/2016 8:14:59 AM PDT · by Rusty0604 · 62 replies
    Zerohedge ^ | 08/15/2016 | Tyler Durden
    North American auto OEMs and their tier 2 suppliers have been in a race to move auto production across borders to low-cost countries (LCCs) for the past couple of decades as soaring wages, pension and OPEB obligations made production in the U.S. all but impossible. Supporters of minimum wage hikes could learn from the efforts of the United Auto Workers Union which did a masterful job negotiating off-market wage and benefits packages which ultimately only served to provide their members with permanent job losses. Of course, the groundwork for the shift of auto production to Mexico was laid with the...
  • Nissan revolution: could new petrol engine make diesel obsolete?

    08/14/2016 9:50:59 PM PDT · by 2ndDivisionVet · 19 replies
    Reuters ^ | August 14, 2016 | Norihiko Shirouzu
    ATSUGI, JAPAN -- Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today's advanced diesel engines obsolete. The new engine uses variable compression technology, which Nissan engineers say allows it at any given moment to choose an optimal compression ratio for combustion - a key factor in the trade-off between power and efficiency in all gasoline-fuelled engines. The technology gives the new engine the performance of turbo-charged gasoline engines while matching the power and fuel economy of today's diesel and hybrid powertrains - a level of performance and...