tldrdaily.news logo
Tag

Auto Manufacturers

All articles tagged with #auto manufacturers

politics-automotive1 year ago

"Biden Administration Faces Pressure to Ease Transition to Electric Vehicles"

The Biden Administration is reportedly planning to slow down the rapid shift to electric vehicles (EVs) in order to give auto manufacturers more time to meet the White House's aims and to appease labor unions concerned about potential job losses. The new plan, expected to be finalized in early Spring, will extend the deadline for ramping up EV sales to 2030 instead of the original goal of achieving this before 2030. This move also aligns with President Biden's reelection campaign strategy, as labor union support is crucial, and it reflects a broader effort to balance environmental goals with economic and political considerations.

via Mashable|
#auto-manufacturers#biden-administration#climate-change
politics2 years ago

Biden's Controversial Support for UAW Strike Sparks Debate

President Biden made history by joining a picket line of striking United Auto Workers (UAW) members in Michigan, aligning himself with the union and fulfilling his promise to be the "most pro-union president in history." This marked the first time a sitting president has joined a picket line. Biden expressed support for the workers, calling for higher wages and stating that they deserve a significant raise. The visit carries political upsides for Biden, but also risks if the strike continues and impacts the economy. Former President Trump is planning his own visit to the area, despite warnings from union leaders to stay away.

via The Washington Post|
#auto-manufacturers#biden#labor-unions
business2 years ago

China's EV Price War Truce Collapses as Automakers Retract Pledge

The China Association of Auto Manufacturers (CAAM) has retracted a pledge to avoid "abnormal pricing" that it had brokered between 16 automakers, including Tesla, breaking off a truce in a brutal price war over electric vehicles. Since January, when Tesla cut prices in China, about two dozen automakers have followed with price cuts of their own to stay competitive and stoke demand. The intense competition over price and features is driving sales for EVs but also threatening industry-wide profitability. The retraction of the pricing pledge raises concerns about the enforcement of antitrust law in China's auto industry and the future of international automakers' operations in the country.

via Yahoo Finance|
#auto-manufacturers#business#china
technology2 years ago

Bipartisan Bill Aims to Save AM Radio in Cars Despite Auto Makers' Removal Trend

A bipartisan group of members of Congress has introduced the AM for Every Vehicle Act, which would mandate auto manufacturers to keep the traditional AM radio band intact in new vehicles. The move comes after several manufacturers, including Tesla, dropped AM from their vehicles, citing interference between the AM band and electric operating systems. The legislation would have the National Highway Traffic Safety Administration issuing a rule that requires automakers to maintain AM broadcast radio in their vehicles without a separate or additional payment, fee, or surcharge. The move is being applauded for its public safety implications, as AM radio is considered an essential tool in emergencies.

via Variety|
#am-radio#auto-manufacturers#congressional-bill