Ontario Economic Development Minister Vic Fedeli used Monday’s annual meeting of the Canadian Association of Moldmakers in Windsor to announce the launch of a $10 million program aimed at modernizing the province’s automotive industry. Dubbed the Ontario Automotive Modernization Program (O-AMP), funding will be distributed over three years across the entire province’s …
SACRAMENTO — California Gov. Gavin Newsom has signed into law a bill that forbids the installation of unsafe used tires on vehicles in the state.
U.S. manufacturers are investing less in their factories and workforces as the trade dispute with China makes it more difficult for executives to anticipate costs and demand.
The shifting contours of the tariffs that the U.S. and China have applied to each other’s goods are prompting some companies to put business plans on hold. Others are cutting back investments as trade volumes and economic growth slow around the world.
Washington — Alarm bells are ringing at carmakers after the latest round of retaliatory tariffs that will hit cars exported to China from the United States. China said Friday it will impose tariffs on $75 billion worth of U.S. goods, including cars, in response to President Donald Trump’s plans to levy tariffs on $300 billion worth of Chinese goods before the end of the year.
WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Tuesday said that a new U.S.-Mexico-Canada trade deal needs to be approved without delay, but Democrats and organized labor said certain provisions must first be improved. Pence told reporters he was hopeful that the U.S. House of Representatives, which is controlled by Democrats, would pass the agreement this fall. “The clock is ticking,” Pence said.
It’s already been an eventful year for the automotive industry. Let’s review some of the biggest trends and headlines we’ve seen so far and consider what the future might hold.
Shake-Ups and Industry Disruptors
We can’t discuss the industry in 2019 without mentioning tariffs, so let’s start there.
The U.S. and China have made a lot of noise by threatening to impose new or raise existing tariffs on automobiles. The potential of higher costs is affecting factories worldwide, and the situation is made more complex by the fact that many auto makers have plants in countries other than their home base (for example, GM builds cars in China; BMW in the U.S.; VW in Mexico).
PITTSBURGH — The United Steelworkers union has named Kevin Johnsen to lead the union’s rubber and plastics industry council.
The nation’s top vehicle safety watchdog lacks expertise to properly assess defects and must rely too much on car companies, safety advocates say. They contend that the National Highway Traffic Safety Administration is reluctant to order recalls when it will face a legal fight because of its small staff and tight budget, and complain about the number of officials whose next job after NHTSA is in the auto industry. But those were the “old days,” the agency’s boss told the Free Press last week.
The Center for Auto Safety has called for NHTSA to require automakers to retain records of safety defects for at least 20 years, double the amount of time proposed by the government agency.
The debate over how much tread depth is sufficient and recommendable has been going on for years. While some tyre makers and motoring groups support changing the legal minimum tread depth to 3mm as a move towards greater peace of mind, Michelin has been a vocal advocate of not only keeping 1.6mm the legal minimum but of actually using tyres right down to this tread depth. It is also one of a growing number of parties calling for legislation that informs consumers how tyres perform when worn.