car industry

Some two million Ford F-150 pickup trucks are being recalled by the company after more than 20 reports of smoke or fire coming from the seat belts.

The recall, which was announced Thursday, applies to certain Regular Cab and SuperCrew Cab vehicles from model years 2015-18.

Some of Ohio’s major exporting industries, including agriculture and automotive manufacturing, could suffer if the United States and Mexico make a trade deal without Canada.

The countries are reportedly in negotiations, trying to reach a deal on a revised North American Free Trade Agreement, or NAFTA, by Friday. However, earlier this week, President Trump said that if Canada won't sign on, the U.S. and Mexico will do their own bilateral deal.

 

The EPA has announced a six-year freeze in fuel efficiency standards with no exceptions for states to set their own standards. It is a rebuke for California, which along with at least a dozen other states, has higher fuel standards than the national requirements. Under Obama administration rules, fuel efficiency standards would have increased over time.

Updated at 11:58 a.m. ET

The Trump administration has proposed a rollback of Obama-era fuel efficiency and emissions standards, while simultaneously taking aim at California's unique ability to set more stringent rules.

Under the Obama administration, the Environmental Protection Agency called for the fuel economy standards for new vehicles to ratchet up over time. The increasingly strict standards were designed to combat climate change by reducing greenhouse gas emissions.

Lordstown Plant Poses Political, Financial Risks For General Motors

Jul 27, 2018
General Motors announced that it will shut down its assembly plant in Lordstown, Ohio.
WKSU

With too many factories making slow-selling cars, General Motors can't afford to keep them all operating without making some tough decisions. But the political atmosphere might be limiting its options.

General Motors announced that it will shut down its assembly plant in Lordstown, Ohio.
WKSU

GM’s Lordstown plant is down to one shift starting tomorrow, as the plant faces a downturn in demand for the once-best-selling Chevy Cruze.

The Senate approved a measure Wednesday that would roll back policies designed to protect minority car buyers from discriminatory loan terms. Republicans passed the bill by a narrow margin, and it now moves on to the House.

The policy was issued in 2013 by the Consumer Financial Protection Bureau. Congress is using a new interpretation of the Congressional Review Act to change it. This unprecedented tactic could reverse thousands of regulations that Congress dislikes.

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