As the shutdown of the United States government enters its 28th day without any signs of ending, automakers are becoming increasingly concerned the stalemate could delay the launch of upcoming vehicles. Speaking at the Automotive News World Congress in Detroit earlier this week, Ford’s president of global markets said “Every new vehicle has to get certified through the government” and “If that gets backed up, so do the launches.” As Jim Farley explained, automakers are “all waiting in lines” as they need to get new vehicles approved by EPA to ensure they comply with the Clean Air Act. This issue has taken on renewed importance following Volkswagen’s dieselgate scandal and FCA’s recent settlement over the use of defeat devices. Farley said the problem isn’t critical yet as their recent unveilings – the 2020 Ford Explorer and 2020 Lincoln Aviator – aren’t scheduled to hit the market until later this spring and … [Read more...] about US Government Shutdown Could Threaten New Vehicles Launches
Us government news
WASHINGTON, Jan 13 (Reuters) - A Republican senator close to President Donald Trump on Sunday backed a temporary re-opening of the federal government, in the 23rd day of the longest shutdown ever, to allow for talks on a spending agreement that could satisfy Trump’s border security demands. Democrats in Congress rejected Trump’s request that legislation to fund the government include $5.7 billion of taxpayer money for a wall on the U.S. border with Mexico. They have refused further negotiations until the government is reopened after being partially shut down since Dec. 22. Graham, chairman of the Senate Judiciary Committee, said he urged the president on Sunday to reopen the government for a limited period to try to get talks going again. If no progress is made, he said, then Trump should declare a national emergency as a way to get money to build his wall, a plan not popular with some fellow Republicans. “Before he pulls the plug on the legislative option, and I … [Read more...] about Republican ally Graham urges Trump to open US government temporarily
Musk reportedly turns down deal with SEC The US Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, CEO and chairman of Tesla, accusing him of fraud over tweets and statements he made in early August claiming he had secured funding to take the electric car maker private.According to the SEC, the Tesla CEO "had not discussed specific deal terms with any potential financing partners, and ... allegedly knew that the potential transaction was uncertain and subject to numerous contingencies".As such, the agency is charging him with "securities fraud for a series of false and misleading tweets" which in turn "led to significant market disruption", including a six per cent stock price surge on the day of the first tweet.If the federal district court in the Southern District of New York agrees with the SEC, Musk may be fined, as well as barred from being a director or officer in any publicly traded company.Steven Peikin, co-director of the SEC’s enforcement … [Read more...] about US government sues Elon Musk, may be removed as Tesla boss
Trump administration wants to cap fuel economy target at 6.4L/100km The USA Environmental Protection Agency (EPA) and National Highway Transport Safety Administration (NHTSA) have released new draft fuel economy targets, dubbed the Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule.The agencies propose freezing the fuel economy target at 2020 model year levels for a further five years.Under the policy enacted by the Obama administration in 2012, the target would have risen progressively from 37mpg (6.4L/100km) in the 2020 model year to 46.5mpg (5.1L/100km) in 2025 model year.Both the targets from the Obama and Trump eras will not apply uniformly to all vehicles, instead vehicles will be assessed based on their footprint and respective category, passenger vehicle or light truck.According to Automotive News, under the existing rules a Honda Jazz would need to need to return 62mpg (3.8L/100km) by 2025, while a Chevrolet Silverado would be compliant if it hit 35mpg (6.7L/100km).The … [Read more...] about US government proposes more lenient fuel economy targets
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