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Keyword: autoindustry

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  • Exclusive-Russia's attack on Ukraine halts half of world's neon output for chips

    03/11/2022 2:37:17 PM PST · by Oldeconomybuyer · 31 replies
    Reuters via MSN ^ | March 11, 2022 | By Alexandra Alper
    WASHINGTON (Reuters) -Ukraine's two leading suppliers of neon, which produce about half the world's supply of the key ingredient for making chips, have halted their operations as Moscow has sharpened its attack on the country, threatening to raise prices and aggravate the semiconductor shortage. Some 45% to 54% of the world's semiconductor-grade neon, critical for the lasers used to make chips, comes from two Ukrainian companies, Ingas and Cryoin, according to Reuters calculations based on figures from the companies and market research firm Techcet. Global neon consumption for chip production reached about 540 metric tons last year, Techcet estimates. Both...
  • Auto Industry Targets Non-Union Workers With Vaccine Ultimatum Right Before Christmas

    12/09/2021 2:10:03 PM PST · by Kaslin · 13 replies
    The Federalist ^ | December 9, 2021 | Spencer Lindquist
    Even fully remote workers in the automobile industry are subject to a corporate vaccine mandate that threatens the livelihood of those who assert their right to medical freedom.Even fully remote workers in the automobile industry are subject to a corporate vaccine mandate that threatens the livelihood of those who assert their right to medical freedom. An FAQ sent out by the company threatens those who do not comply with the vaccine mandate, warning, “Individuals who do not report their status by December 4, 2021 will be considered unvaccinated.” The penalty for being unvaccinated? “Those who do not meet the vaccination...
  • AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs

    02/06/2021 11:01:05 PM PST · by blueplum · 24 replies
    Associated Press via MSN ^ | 29 Jan 2021 | TOM KRISHER, CHRISTOPHER RUGABER and HOPE YEN,
    DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced sweeping new green initiatives that he says will boost the U.S. economy with the creation of 1 million new auto jobs.... ...One million new jobs in the auto industry is a highly ambitious goal that would mean more than doubling the number of workers now employed in motor vehicle and parts manufacturing. Many analysts and the United Auto Workers union, in fact, have warned that electric vehicle manufacturing probably will mean fewer net auto-making jobs....
  • Michigan Gov. Gretchen Whitmer asks Trump to help auto industry ‘weather’ coronavirus storm

    03/20/2020 5:47:50 PM PDT · by madison10 · 27 replies
    Mlive ^ | 3/20/20 | Gus Burns
    LANSING, MI -- The Big 3 have already or are preparing shut down, at least temporarily. U.S. automakers, including Michigan-based General Motors Corp, Ford and Fiat Chrysler, and their suppliers are suffering financially amid the coronavirus outbreak. Gov. Gretchen Whitmer and Ohio Gov. Mike DeWine teamed up to write a letter to President Donald Trump and Congress asking for help, the Governor’s Office said in a statement released Friday evening.
  • Lee Iacocca Dead at 94

    07/02/2019 6:31:46 PM PDT · by blueyon · 74 replies
    TMZ ^ | 7/02/19 | TMZ???
    Auto industry icon Lee Iacocca -- forever connected to the Ford Mustang and former chairman of Chrysler -- has died ... according to a family source. A family member tells TMZ Iacocca passed away, but could not provide any further detail. Iacocca is credited with saving Chrysler from bankruptcy back in the 1980s ... and he's often referred to as the father of the legendary Ford Mustang. While he was always known within the auto industry ... he became a household name across America when he starred in a series of TV advertisements for Chrysler.
  • Putting the Brakes on CAFE Standards Will Drive Down Car Costs

    06/18/2019 6:18:19 AM PDT · by Kaslin · 57 replies
    Townhall.com ^ | June 18, 2019 | Ross Marchand
    Buying a new car is almost always a daunting task, with salespeople trying to sell that extra warranty or undercarriage rustproofing. And, to add insult to the process of buying a new car, federal bureaucrats regularly tack on rules that jack up prices for consumers. In fact, average prices for new cars are nearing $40,000. But, that staggering high amount may soon fall due to the Trump administration’s ambitious drive to roll back onerous rules. The Environmental Protection Agency (EPA) is in the process of freezing, or at least slowing, Corporate Average Fuel Economy (CAFE) standards for cars, unshackling vehicles...
  • Germany’s stock market CRASHES to lowest level in months as car makers face double crisis

    07/24/2017 11:50:49 PM PDT · by Trump20162020 · 14 replies
    The Express ^ | July 24, 2017 | Lana Clements
    GERMANY'S top stock index was flashing red after shares in the country's biggest carmakers plunged over a fresh investigation into the diesel emission scandal. The DAX tumbled to its lowest level in more than three months, as investors rushed to sell Volkswagen, Daimler and BMW. The manufacturing giants are being probed amid allegations of collusion over diesel emission treatment systems and cost agreements. Fears of heavy fines helped send share prices down by around three per cent.
  • How Trump's Protectionism Would Destroy Auto Industry Jobs, Not Create Them

    01/26/2017 8:21:23 PM PST · by TBP · 95 replies
    Forbes | JAN 20, 2017 | Joann Muller
    <p>President Donald J. Trump didn't wait long to act on one of his signature campaign promises, announcing just moments after being sworn in as the country's 45th president that the U.S. intends to withdraw from the Trans-Pacific Partnership and that he will renegotiate the North American Free Trade Agreement "to give American workers a fair deal."</p>
  • Mexico’s media: ‘Trump’s taking all our jobs!’

    01/05/2017 12:47:16 PM PST · by Sean_Anthony · 43 replies
    Canada Free Press ^ | 01/05/17 | Robert Laurie
    Oh no, they're making America great again! Last week, we learned that Ford was cancelling plans to build a $1.6 billion dollar plant in Mexico. Instead, the company would be investing $700 million in Michigan, creating hundreds of permanent jobs. As USA Today reported: Ford Motor announced Tuesday that it would cancel plans for a $1.6 billion Mexico plant and launch a Michigan expansion in a move that may be viewed as a capitulation to Donald Trump.
  • Trump Went to War With Motor City and Won

    11/15/2016 3:59:49 AM PST · by workerbee · 17 replies
    Fox Business ^ | 11/14/16 | Matthew Rocco
    **SNIP The top car-producing states in the nation ultimately sided with Trump, who swept through the Rust Belt on Election Day. In Michigan, the epicenter of America’s auto industry, Trump won a state that hadn’t supported a Republican candidate since George H.W. Bush in 1988. The Republican nominee also took Ohio, the second-largest car producer among the 50 states, with relative ease. A similar story played out in Indiana, whose vehicle production is slightly ahead of Kentucky this year. Overall, the seven states that have manufactured the most cars so far this year all lined up behind Trump: Michigan, Ohio,...
  • SUVs, Muscle Cars Help Auto Industry Maintain Momentum

    07/03/2015 12:52:17 PM PDT · by PROCON · 11 replies
    AP ^ | July 1, 2015 | Associated Press
    Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in June. Horsepower was also in; gas-sipping not so much. SUVs of all sizes continued to fly off dealer lots. Sales of the larger Ford Explorer rose 30 percent; Nissan's Rogue small SUV posted a 54 percent jump; and sales of the Jeep Cherokee gained 39 percent.
  • Progressive Want to Track (and Tax) Your Cars Too...Really

    01/27/2015 6:21:10 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | January 27, 2015 | John Ransom
    In the race for more tax money-- and government solutions-- the Feds and the states are invading your privacy with increasing regularity. Several states, including Colorado, Oregon and California are studying proposals today to equip cars with GPS tracking devices so that they can tax drivers by the mile they drive. In part this is happening as gas tax revenues are going down because the government insists on: 1) raising the gas tax to discourage driving and 2) establishing fuel efficiency standards that have people using less gasoline. So states, which use gas tax money to build roads, now claim...
  • Obama cheers his ‘rescue’ of car industry … at closed plant! (temporarily; Ford, Wayne MI)

    01/07/2015 8:36:37 PM PST · by Olog-hai · 4 replies
    WND ^ | January 7, 2015 | Jerome R. Corsi
    On a day in which the international news cycle was dominated by the Islamic terrorist attack on the French satirical magazine Charlie Hebdo in Paris, President Obama traveled to Wayne, Michigan, to deliver a pre-arranged speech celebrating his rescue of the U.S. auto industry. Ironically, the Ford Assembly Plant that Obama visited is closed temporarily this week because of lack of demand for the small cars and hybrids the plant produces, with 2014 sales of the Ford Focus down 6 percent and the C-Max hybrid down 22 percent. […] Obama, in his speech, neglected to note Ford did not join...
  • DOT plans to mandate ‘talking’ cars

    02/03/2014 10:49:41 AM PST · by C19fan · 80 replies
    Politico ^ | February 3, 2014 | Kevin Robillard
    The Obama administration announced Monday that it intends to require new cars to include technology enabling them to communicate with each other, a step that transportation planners have said could significantly reduce crashes. Transportation Secretary Anthony Foxx told reporters that he hopes to finish the mandate before President Barack Obama leaves office. That would allow time for DOT and the National Highway Traffic Safety Administration to work out issues including security and privacy.
  • U.S. Automakers and the NSA – Peas in a Pod

    01/16/2014 5:44:45 AM PST · by Kaslin · 22 replies
    Townhall.com ^ | January 16, 2014 | Bob Barr
    Progressive Insurance wants its insurance agents to take a 30-day ride-along with its customers. While the agents themselves are not physically in the vehicles, the Progressive “Snapshot” device -- which functions much like a car’s Event Data Recorder, or “EDR” (also known as a “black box”) -- constantly monitors and records every move a driver makes; including how often drivers slam on the brakes, how many miles they drive, and how much time they spend driving at high-risk hours (Midnight to 4:00 AM). Progressive claims collecting such data will save money for “safe-drivers,” but in actuality it is simply a...
  • UAW Subverting Secret Ballot in TN

    11/21/2013 8:27:17 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | November 21, 2013 | Fred Wszolek
    After bringing America’s automotive industry to the brink of complete collapse, union bosses have set their sights on foreign auto companies with manufacturing plants in the United States, specifically targeting Volkswagen’s plant in Chattanooga, Tennessee. The United Auto Workers (UAW) has launched a concerted effort to unionize the Chattanooga plant’s workers, but have decided to strategically use non-traditional methods to obtain unionization. Last month, UAW representative Gary Casteel poignantly told The Tennessean, “We are not seeking a vote necessarily … We know if we go for a traditional election where the outside organizations could campaign against us, we’d probably...
  • Liberal Democrats Propose to Outlaw Gas-Powered Cars by 2040

    08/08/2013 8:31:09 AM PDT · by Kaslin · 57 replies
    Townhall.com ^ | August 8, 2013 | John Ransom
    The problem with bad ideas from Europe is that they eventually become bad ideas in America too. And so it goes with the latest nitwit scheme from Britain’s Liberal Democrat Party, which is cousin to our own liberal Democrat Party, separated not ideologically or by a vast ocean, but only by accents. The Lib Dems want to outlaw gas and diesel powered cars from the United Kingdom with a goal to create a “zero-carbon” UK by 2040. No word yet whether they will allow people to “breathe,” which-- incidentally to Lib Dems it seems-- also pushes carbon into the atmosphere....
  • Conservatives Should Point and Laugh as Detroit Dies

    07/23/2013 3:38:02 AM PDT · by Kaslin · 128 replies
    Townhall.com ^ | July 23, 2013 | Kurt Schlichter
    The agonizing death of Detroit is cause for celebration. It’s the first of the liberal-run big cities and states to fall, and we should welcome its collapse with glee. Yeah, liberals, eventually you do run out of other people’s money. The blue state model is a terminal disease, and Detroit is its poster child. Only this is one telethon where we should pledge that we won’t pay a single dime to keep the progressive party going a single minute longer. Detroit represents the epitome of the blue state, Democrat machine liberalism that Barack Obama represents. Well, not one damn cent...
  • Detroit: The Left’s Model for Success

    07/22/2013 6:03:28 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | July 22, 2013 | Rachel Alexander
    Fifty years of Democrats running the city of Detroit led to it filing for bankruptcy last week. Unsustainable demands from its 48 unions gradually drove out private industry, as government became the largest employer. Its shrinking tax base can no longer support the massive pension debt obligations and still provide a minimum level of city services. Nearly half of the city’s debt is to underfunded pension plans and retirees. Mitt Romney presciently warned in 2008 that if the government bailed out the automakers, it would ultimately destroy Detroit. “Without that bailout, Detroit will need to drastically restructure itself. With it,...
  • AP Impact: Cars made in Brazil are deadly

    05/11/2013 9:17:34 PM PDT · by Olog-hai · 17 replies
    Associated Press ^ | May 11, 2013 11:22 PM EDT | Bradley Brooks
    The cars roll endlessly off the local assembly lines of the industry’s biggest automakers, more than 10,000 a day, into the eager hands of Brazil’s new middle class. The shiny new Fords, Fiats, and Chevrolets tell the tale of an economy in full bloom that now boasts the fourth largest auto market in the world. What happens once those vehicles hit the streets, however, is shaping up as a national tragedy, experts say, with thousands of Brazilians dying every year in auto accidents that in many cases shouldn’t have proven fatal. The culprits are the cars themselves, produced with weaker...