#UnitedStates
Trans-Pacific Partnership Agreement Reached, Let's All Buy Subaru Sambars
Twelve countries, including the United States, reached an agreement Monday on an historic trade agreement that could economically tie together more than 400 million people in Asian Pacific and American countries. The pact would cover trade for wide ranging products, from rice to pharmaceutical drugs to cars.
The Trans-Pacific Partnership, which negotiators have been working on for eight years, would thaw trade relations among countries included in the regional zone, including Japan and the United States. For automakers in both countries, the tentative deal includes provisions for Japanese automakers to (eventually) bring light-duty trucks to the U.S. For American automakers, part of the proposed agreement included a side deal between America and Japan to allow access for U.S. automakers to traditionally closed Japanese markets.
The agreement faces an uphill battle to get congressional approval; House Republicans and presidential candidates already have roundly dismissed the deal.
Chinese-Built Volvo S60 Sedans to Arrive in U.S. in "About Two Months"
Proving the first Chinese cars to come to America will be imported by established brands, Volvo has a number of S60 sedans on the boat from China and they’re expected to arrive in about two months.
Manufacturing in China is just one part of Volvo’s plan to boost sales to 800,000 units annually before 2020.
US Shale Oil Production Rising Amid Strengthening Dollar
Despite OPEC’s desire to keep its stranglehold on the market, U.S. shale oil production looks to rise again amid a strengthening dollar.
American Motorists On Pace To Break 2007 Miles-Driven Record
Thanks to low fuel prices, American motorists drove a record 720.1 billion miles during the first quarter of 2015.
Takata Expands US Airbag Recall Nationwide, Covering 34M Units
The U.S. Department of Transportation announced Tuesday Takata would expand its airbag recall to cover 33.8 million units in the United States.
US Uber Users Latest Victims In Hacking, Selling Scheme
Uber customers in the United States are the latest victims in a hacking scheme where Uber accounts are sold on the dark web for as little as $1.
Volkswagen Won't Cut Prices to Chase Market Share in U.S.
Even with a depressed euro and sales falling 2.7 percent in April, Volkswagen is staying the course.
AAA: Millennials Drive Increase In US Fuel Consumption Amid Low Prices
With fuller wallets and lower prices at the pump, millennials are leading the charge toward the highest consumption among Americans since 2007.
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.
Reithofer: Government Programs Key To BMW I3 Success
BMW’s i3’s success is helped by a number of government incentives in a few of the automaker’s key markets, according to CEO Norbert Reithofer.
Study: Mercedes Holds Highest Average Labor Costs Among US Manufacturers
Who among all automakers has the highest labor costs in the United States? A study points to Mercedes-Benz.
Takata Recall Sees More Rapid Response In Japan Than US
While consumers, dealers and automakers in the United States are waiting for replacement airbags from Takata, recalls in Japan are being fulfilled faster.
UMTRI: US New-Car Fuel Economy Averaged 25.3 MPG In 2014
The final numbers are in for new-car fuel economy in the United States for 2014, and they are better than they were in 2008.
Hyundai Bolstering Commercial Business For Go At US Market
Hyundai is preparing to enter the U.S. commercial vehicle market through an investment plan to strengthen its current commercial business by 2020.
Middle Eastern, Asian Demand Fuels Booming US Auto Exports
Demand from the Middle East and Asia has helped fuel a new record in U.S. auto exports for the third consecutive year.
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