American carmakers cast worried glances on Senators and union groups that want to create a level playing field with China. Senators Debbie Stabenow and Sherrod Brown, alongside union representatives and the labor-backed Economic Policy Institute try to push “the administration to bring a possible case at the World Trade Organization or begin a U.S. Commerce Department investigation that could lead to duties on Chinese-made auto parts,” as Reuters reports.
A study by the EPI alleges that the Chinese auto parts industry has received $27.5 billion in government subsidies since 2001. The study forgets that large parts of the U.S. auto industry would not be here anymore, would it not have been bailed-out by the U.S. government.
Why are carmakers horrified by the surely well-meant suggestion? Several reasons: (Read More…)
Tagged as Bertel Schmitt, Chrylser, Ford, GM, King, Stabenow, tariff, tradewar watch, uaw
Recent Comments
Summicron - Correct you are, BigOlds. The subordinate clause points straight at Ford, not the engines.
threeer - Panther refers to the platform that spawned the Crown Victoria/Grand Marquis, the Town Car and Continental, to name a few. Introduced late 1978, the platform was...
NMGOM - BigOlds… ….or did the article mean that Ford’s percentage of the 4-cylinder market share here went from 40% to 53%?...
KixStart - I can see this. We have 4 cars; 1 V6 and the rest are Fours. We haven’t owned a V8 since 1981 and that was a 12 year old used car we’d bought...
Zackman - I have no problem with this, but until larger American cars lose weight, I wouldn’t buy one with a four, the new Impala included. As far as I’m...
NMGOM - Robstar… I thought BMW was moving to 3-cylinders (500 cc per cylinder = 1.5 liters), because they could be made to run more smoothly (reduced vibration)....
Dan - Kia took 3 of 10 spots on the subprime preferred list posted last month. Chasing credit criminals is their strategy nationwide.
nine11c2 - dudes..being from the US..wtf is a Panther? we didn’t get whateer that is here (at least not called that)…
danio3834 - The latest iteration of LX vehicles are such fine cars. They just need people to overcome Chrysler’s reputation from the mid 2000s so...
danio3834 - The post-Mulally name change and refresh gave the D sedan a shot in the arm, but only so much could be done with that platform. The Taurus...