• Ford, GM, and FCA put their faith in Trump and now they are trapped in a political fight they can't win

    2 monthes ago - By Business Insider

    Detroit automakers thought they had crafted a sweet deal with Donald Trump .
    But GM, Ford, and FCA didn't count on Trump making fuel-economy regulations into a battle against California.
    California is the biggest car market in the country, with $2 million in annual sales.
    Shortly after Donald Trump was elected President, the Detroit big three automakers - General Motors, Ford, and Fiat Chrysler Automobiles - saw an opportunity.
    Under the Obama administration, fuel economy standards for automakers' fleets were set to rise to 50 mpg, which would have crimped Detroit's desire to sell highly...
    Read more ...

     

  • Ford, GM, and FCA put their faith in Trump and now they are trapped in a political fight they can't win

    Ford, GM, and FCA put their faith in Trump and now they are trapped in a political fight they can't win

    2 monthes ago - By Business Insider

    Detroit automakers thought they had crafted a sweet deal with Donald Trump .
    But GM, Ford, and FCA didn't count on Trump making fuel-economy regulations into a battle against California.
    California is the biggest car market in the country, with $2 million in annual sales.
    Shortly after Donald Trump was elected President, the Detroit big three automakers - General Motors, Ford, and Fiat Chrysler Automobiles - saw an opportunity.
    Under the Obama administration, fuel economy standards for automakers' fleets were set to rise to 50 mpg, which would have crimped Detroit's desire to sell highly...
    Read more ...