President Donald Trump talks with auto industry leaders, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, U.S. March 15, 2017.

Automakers in the crosshairs as Democrats head for Congress

Sometime in the coming weeks, the Trump Administration will announce final plans for rolling back the Corporate Average Fuel Economy, or CAFE, standards considered one of the signature accomplishments of the preceding Obama White House. The planned rollback, part of the current administration’s overall push for deregulation, has won wide criticism among consumer and environmental […]

Police officers are seen in front of a cargo ship with containers at a port in Qingdao, Shandong province, China April 6, 2018.

Auto industry caught in the trade war crosshairs

The trade war comes along at a particularly bad time for BMW. The automaker recently authorized a $1 billion expansion for its plant in Spartanburg, South Carolina, its largest manufacturing complex in the world. The move was intended to create about 1,100 new jobs with the addition of the all-new X7 model, BMW’s largest and […]