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Trade War Watch 8: China Probes US Bailout
As U.S. President Barack Obama landed in Shanghai for a weeklong visit to his largest creditor, China, the news awaited him that China’s Ministry of Commerce will investigate the U.S. government’s...
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Mitt Romney Pens Detroit News Op-Ed On Big Three Bailout
Republican Presidential candidate Mitt Romney published an op-ed in the Detroit News calling the auto bailout “crony capitalism on a grand scale.” Boasting of his Michigan roots, Romney takes the...
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President Obama Says New CAFE Standards Will Save Average Driver $8,000 a Year.
Last week in a speech at Daimler owned Freightliner truck plant, President Obama said that the new 55mpg CAFE standards will save a typical American family $8,000 a year on gasoline. That would be...
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Obama Proposes $2-Billion Fund For Alternative Fuel Vehicles, No Mention Of...
“The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil,” So said President Obama during a...
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Obama Administration Delivers $302 Billion Transportation Funding Proposal...
A $302 billion, four-year plan to fund the U.S. Highway Trust Fund — and, in turn, any road and transit projects on the table during the period — was brought before Congress by the Obama...
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Japan Three, Others Meet With President Over Supplier Aid Pledge
A number of U.S. and multinational corporations met with President Barack Obama Friday to shine a light upon their pledge to pay their suppliers within 15 days as part of an initiative to help small...
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Obama Talks Connected Vehicles, Highway Funding
Amid touring the Turner-Fairbank Highway Research Center in McLean, Va. and having a go at a driving simulator based upon a Saturn SL, President Barack Obama talked about connected vehicles and...
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Uber Hires Obama Campaign Manager, Senior Advisor David Plouffe
In an effort to convince governments that its services are key to making transportation “as reliable as running water,” transportation network company Uber has hired the man who helped Barack Obama...
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Sen. Reid Calls Upon Congress To Raise EV Tax Incentives
For the past three years, President Barack Obama has called upon Congress to raise tax incentives for electric vehicles from $7,500 to $10,000, with those calls going unanswered. This year, the top...
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Ethanol Advocates Conduct Pre-Election Ad Campaign Blitz
In less than a week, the B&B will head out to the polls to decide the direction the United States will take for the next two years. Big Ethanol, too, is interested in the direction taken....
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Takata Chairman In Hiding, Mexican Plant Increasing Airbag Production
Takata’s chairman goes missing amid the company’s airbag recall crisis; the company boosts production of replacement modules at its Mexico plant; and the United States Senate plans to hold hearings...
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Obama Visiting Ford Plant Wednesday Amid Temporary Closure
President Barack Obama will be visiting the Ford Michigan Assembly Plant in Wayne, Mich. Wednesday, a plant currently closed due to low demand for both the Focus and C-Max. The Detroit News reports...
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Quote Of The Day: Obama –“Enjoy Cheap Gas, It Won’t Last”
“I would strongly advise American consumers to continue to think about how you save money at the pump because it is good for the environment, it’s good for family pocketbooks and if you go back to old...
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Obama Budget Proposes Tax On Corporate Foreign Earnings For Roads
President Barack Obama unveiled his annual budget Monday, which includes a proposition to tax corporate foreign earnings to fund the nation’s roads. Vox reports the proposal would levy a one-time tax...
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Foxx: NHTSA Needs Staffing Increase To Keep Pace With Recalls
U.S. Transportation Secretary Anthony Foxx said on Tuesday the National Highway Traffic Safety Administration needs more staffing to keep pace with recalls. The Detroit News reports the secretary said...
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Congress Unsure On NHTSA Funding Increase
Though the National Highway Traffic Safety Administration says funding is needed to boost staffing, some in Congress aren’t so sure on the proposal. The Detroit News reports the proposal, part of...
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Wilson: $8B Stock Buyback Would Boost General Motors’ Value
The man who helped General Motors restructure in 2009 now wants the automaker to buy back $8 billion in shares to help boost its value. Bloomberg reports Harry J. Wilson is asking to not only for a...
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Trans-Pacific Partnership Fears Hover Over Detroit Three
The Detroit Three are among those expressing concern over the Trans-Pacific Partnership free-trade agreement, specifically what it would do to the industry. Last week, both houses of Congress approved...
View ArticleTTAC News Round-up: Let’s Get Political, Political; Maven is Here; Ignition...
President Barack Obama ran a victory lap in Detroit because the bailout worked. That, GM’s Maven goes beyond “The Tipping Point,” the ignition switch trial takes a turn for the weird, and more Obama …...
View ArticleNo Fixed Abode: Barack Obama, Scion Killer
One coupe flies, two coupes die. By the time that Akio Toyoda was standing on that Detroit stage crowing about the triumph of the LC500, the nails were already being hammered into Scion’s coffin. The...
View ArticleThat’s Off-The-Record: A CAFE With a Bad Menu
Not to go all political on you, but it’s amazing how President Obama acted more like a bitter foreclosure victim — one who goes nuts and destroys as much of the house as they can, just short of being...
View ArticleStates’ Rights: EPA Seeks ’50-State Solution’ for Fuel Rules, California...
Andrew Wheeler, the acting head of the Environmental Protection Agency, said the United States needs a single standard for fuel efficiency for cars and trucks on Tuesday. It’s a sentiment shared by...
View ArticleGM: Current Fuel Economy Rules ‘Not Technologically Feasible’
General Motors appeared to endorse the Trump administration’s fuel economy rollback, at least to some degree. In a federal filing made public on Monday, the largest U.S. automaker said Obama-era rules...
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