Showing posts with label automobile industry. Show all posts
Showing posts with label automobile industry. Show all posts

Sunday, February 16, 2025

Why don't Europeans buy more American cars?

Mr Trump's ambition is to make the US car industry stronger, by bringing more production and innovation home. But Mr Palmer insists that a car trade war with Europe will not deliver this. 

Not least, he says, since tariffs tend to "insulate the beneficiaries from the free market, and this merely makes them lazy, so they stop innovating and fail to remain competitive"…

Friday, July 12, 2024

Biden seeks to hand auto plants nearly $2 billion for EV switch

Nothing is final yet. The selections are subject to more negotiations, and if successful the funding then starts arriving in tranches as various milestones are met, officials said.







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