Governor Gretchen Whitmer Breaks Down How Trump's Tariffs Could Impact the auto industry

https://www.youtube.com/watch?v=O9Ji9NA5i8A

Trump ends the EV mandate. Here’s what that means for the auto industry - The Washington Post

Several factors make a reversal in the EV transition unlikely. U.S. auto manufacturers have sunk billions of dollars into long-term EV production. Plus, the U.S. auto industry faces enormous pressures to compete with foreign EV manufacturers, such as those in China that have forged ahead with EV production.

"Presidential cycles are four years. These [factories] are 20- to 30-year investments. When you build a factory, it doesn't come and go," said Prasad, adding that Trump's executive order could result in shorter-term changes such as whether automakers introduce "hybrids or plug-in hybrid electric vehicles or range-extender EVs."

https://www.washingtonpost.com/business/2025/01/22/trump-ev-cars-mandate/

E.V. Demand Leads Automakers to a Strong 2024 Finish - The New York Times

Automakers closed 2024 with strong sales in the United States in the final three months of the year, helped by a surge in demand for electric models...

https://www.nytimes.com/2025/01/03/business/ford-gm-vehicle-sales.html 

 

Inside the Republican Attacks on Electric Vehicles - The New York Times

The American Fuel & Petrochemical Manufacturers, a lobbying organization, has begun what it says is a "seven figure" campaign of advertising, phone calls and text messages against what it calls "Biden's E.P.A. car ban" in the swing states of Pennsylvania, Michigan, Wisconsin, Nevada and Arizona, as well as in Ohio, Montana and the Washington, D.C., market...

https://www.nytimes.com/2024/03/21/climate/republican-attacks-electric-vehicles.html

Republicans BLOW IT and ATTACK American Workers on Live TV

https://www.youtube.com/watch?v=PorfoX3AtO8

Record auto profits should be used to address inequality and the climate crisis

"Ford, General Motors and Stellantis have made a quarter trillion dollars over the last 10 years. Those profits, and the very existence of the big three today, were only possible through the sacrifices made by UAW members when American taxpayers bailed out the industry. Those same workers were never made whole after being forced to accept lower wages and were stripped of cost-of-living adjustments and retiree pensions.

Over the last four years, each big three CEO received on average a 40% pay raise on top of their multimillion-dollar salaries. Autoworkers saw their pay increase by a mere 6% in that same period of time, falling behind in inflation like the rest of American workers..."

https://www.theguardian.com/commentisfree/2023/sep/14/record-auto-profits-inequality-climate-crisis-ford-general-motors-stellantis

Trump keeps bragging about imaginary auto plants in swing states - The Washington Post

We have documented before the president’s “swing-state spin,” in which he claims he has achieved great economic success for states that, coincidentally, are necessary for him to achieve an electoral college victory. According to our database of Trump’s false and misleading claims, the president has mentioned Michigan in 120 false claims, Ohio in 94 claims and North Carolina in 68 claims. South Carolina is not a swing state, but it may have a competitive Senate race, so that may be why it slipped into his spiel on Labor Day
https://www.washingtonpost.com/politics/2020/09/10/trump-keeps-bragging-about-imaginary-auto-plants-swing-states/

Tesla Deals Final Blow to Dealerships

https://youtu.be/osR4_6Xh2Pc

Fact-checking President Trump’s swing-state spin - The Washington Post

“Pennsylvania has never done this well. We’ve got steel back, we brought coal back, we brought so many things back, and the state now is doing better than it’s ever done. ... Miners are going back to work that never thought they’d see that job again.”
https://www.washingtonpost.com/politics/2019/06/13/fact-checking-president-trumps-swing-state-spin/

Automakers say Trump pollution rules could mean “untenable” instability and lower profits - The New York Times

In a letter signed by 17 industry giants including Ford, General Motors and Toyota, the firms asked Mr. Trump to go back to the negotiating table.
https://www.nytimes.com/2019/06/06/climate/trump-auto-emissions-rollback-letter.html

How a 'hard' Brexit would harm US banks, carmakers and drug companies - The Conversation US

American companies still face enormous uncertainty about how they'll be doing business in the UK and EU in the coming years, particularly as the April 12 Brexit deadline draws closer....
https://theconversation.com/how-a-hard-brexit-would-harm-us-banks-carmakers-and-drug-companies-115096

Trump didn't know the GOP tax bill incentivizes business to offshore jobs - ThinkProgress.org

President Donald Trump was apparently unaware that a provision in his biggest legislative accomplishment encourages corporations to offshore jobs. ....
https://thinkprogress.org/trump-didnt-know-gop-tax-bill-incentivizes-business-to-offshore-jobs-367fe5bea9dd/

California governor says Trump is 'building the Chinese auto industry' while destroying America's own - Business Insider

California Gov. Jerry Brown called President Donald Trump the "saboteur" of the American car industry because of his efforts to bolster the fossil-fuel industry over more environmentally friendly electric cars.....
https://www.businessinsider.com/california-gov-jerry-brown-calls-trump-a-saboteur-of-car-industry-2018-9

Why EPA's U-turn on auto efficiency rules gives China the upper hand - The Conversation US

The Trump administration announced a plan to relax fuel economy standards, but well-designed regulations can drive clean car innovations that make U.S. industry globally competitive. ...
https://theconversation.com/why-epas-u-turn-on-auto-efficiency-rules-gives-china-the-upper-hand-93840

10 percent of Americans trading in a car plan to use Uber and Lyft instead of buying a new one

Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. "My mom didn't think I could do it. She thought I would buy a new car in six months," he said.

But that was more than a year ago, and his car budget of $820 per month fell to $250 for carsharing and ride services last year....
http://www.cnbc.com/2017/05/25/10-percent-of-americans-trading-in-a-car-plan-to-use-uber-and-lyft-instead-of-buying-a-new-one.html

Under Trump, Trade Deficits Are Up, Interest Rates Have Doubled, and Car Sales are Plummeting

One of the remarkable things about Donald Trump's presidency is that every time he does something, you can find a tweet from a few years ago saying how terrible that thing is. Not just for a few things, either. It happens over and over and over. Aaron Blake finally brings this observation to the mainstream press:

Over the last two weeks, President Trump has attacked Syria without congressional approval, ratcheted up the use of force in Afghanistan with a huge bomb, and moved to reverse the Obama administration's policy of releasing White House visitor logs.

Each of these actions runs completely counter to the views and values once espoused by Trump on Twitter. And they join an amazingly long — and growing — list of old Trump tweets that have become eerily applicable to Trump's own presidency in ways that scream “hypocrisy.”...
http://www.motherjones.com/kevin-drum/2017/04/under-trump-trade-deficits-interest-rates-car-sales

Automakers speak out against GOP's border adjustment tax -- USA TODAY

The industry has been careful to praise Trump's "pro-business" policies, but not this one ...
https://www.usatoday.com/story/money/cars/2017/04/14/automakers-speak-out-against-gops-border-adjustment-tax/100465058/

Trump declares end to non-existent 'assault' (MSNBC)

One of President Obama's most important economic successes was rescuing the U.S. auto industry. It make Donald Trump's latest rhetoric that much more ridiculous ...
http://www.msnbc.com/rachel-maddow-show/trump-declares-end-non-existent-assault-us-auto-industry

Trump fuel economy rollback will kill jobs and cost each car buyer $1,650

It would also boost U.S. oil use 1.2 billion barrels while reducing the car industry’s global competitiveness....
https://thinkprogress.org/trump-fuel-economy-rollback-would-kill-jobs-and-cost-each-car-buyer-1-650-aa2da0479b7d#.by1jn3bg1

Obama's auto-industry rescue continues to pay (MSNBC)

President Obama took a gamble on an auto-industry rescue that Republicans were certain would fail. He was right; they were wrong.
http://www.msnbc.com/rachel-maddow-show/obamas-auto-industry-rescue-continues-pay-dividends