Mileage Rollback Plan Near Release ****-Automotive News TV/CAR NEWS / Auto News/First Shift

hello and welcome to Friday’s first shift I’m Jennifer Fongcoming up a stress-free ride through the streets of New York that story is comingup but first Chyna Haley is in a newsroom with your headlines thanksJennifer the Trump administration is said to bepreparing proposals for release as early as next week that will weaken Obamaadministration fuel economy standards a source tells Bloomberg the EnvironmentalProtection Agency and the National Highway Traffic Safety Administrationwill offer several options to pare back the current rules and they willrecommend freezing mileage standards from model years 2020 through 2026 andaccording to the source Nitz ha’s proposal will say a 1975 lawprohibits California from setting its own vehicle efficiency standardspresident Donald Trump’s choice to lead the Bureau of Consumer FinancialProtection faced aggressive questioning bylawmakers on Thursday but Cathy croninger appears on track to secure aconfirmation vote as soon as this month there were heated exchanges in theSenate Banking Committee hearing Democratic lawmakers questioned whetherKran enger’ who is a senior official at the White House’s Office of Managementand Budget has relevant experience to lead the financial watchdog agencyMassachusetts senator Elizabeth Warren even grilling kranj injure over her rolein the administration’s zero-tolerance immigration policy but GOP senatorspointed to the nominees strong government managerial experienceRepublicans say the be CFP which Warren helped create has overstepped its legalstatute they are hoping to install a nominee who will rein it in turning toother news actor Mark Wahlberg is known for both hit movies and hisentrepreneurial efforts in the restaurant and nutrition supplementindustries now he’s getting into the car business Wahlberg has teamed up withfriend and longtime Chevrolet dealer Jay Feldman to buy a chevy dealership inColumbus Ohio in a deal that closed Thursday the pair bought Bobby laymanChevrolet and renamed it Mark Wahlberg starFeldman says he and Wahlberg may add other dealerships in the market finallythe automotive Hall of Fame honoring its 2018 inductees last night in Detroitjoining the Hall AutoNation chairman Mike Jackson Magna founder FrankStronach ray Malley Otzi and his late brother Tom co-hosts of National PublicRadio’s Car Talk and Toyota founder kiichi ro Toyota we’ll have much morefrom the ceremony tomorrow morning on weekend Drive Jennifer back to youThank You China reassuringly boring that’s how one writer described hisrecent trip through Times Square in a self-driving shuttle Tuesday’sdemonstration was put on by coast autonomous a driverless mobility companybased in Pasadena California while lots of money and lots of media attention arebeing spent on autonomous personal vehicles such as cars and minivansself-driving shuttles are already on the streets in various citiesat the University of Michigan in Ann Arbor for instance driverless shuttlesstarted operating on campus in June the university’s autonomous vehicle testingcenter em City launching the buses for a one-yearperiod to collect data in downtown Detroit may mobility deployed inautonomous fleet last month to carry employees of property management firmbedrock to and from a parking garage May is a startup backed by Toyota and BMWApple is said to be partnering with Volkswagen on self-driving employeeshuttles even triple-a is sponsoring a self-driving shuttle in Las Vegas andDaimler plans to offer shuttles in California next year as bloombergreports many sees simple shuttles as a better baby step into the autonomousfuture than self-driving cars Gartner analyst Mike Ramsay calls slow movingsimple routes and non complex environments the ideal path to autonomyRamzi adding quote the slower the speed the less chance of a catastrophic errorwith people or robots now remember you can get up to speed on the latest in theindustry here at Auto news. com have a great weekend we’ll see you back here onMonday

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2018 Toyota Camry Plant Overcomes ‘Huge Challenge’- AUTOMOTIVE NEWS TV

ASonic bust hi everyone on this Monday. I’m ed, GarstenTom warburg is not assignment the Chevrolet Trax and sonic may be corporate cousinsBut the pint-sized tracks crossover is proving to be a drag on sonic salesThe tracks now out sells the sonic subcompact car, but almost three to one the two are built on the same platformSince arriving in 2014 the Trax has increased its sales each year while Sonic’s sales are sharply fallingIndeed the Trax is the fastest-growing subcompact crossover in the industry with sales soaring33% this year through maySonic sales mean Time down 45 percent it’s all evidence of the public strong thirst the subcompactCrossovers the popularity has led Ford Toyota and hyundai to add entries into the hot segmentGM1 models bust well in other booms means a boon to his bottom lineAccording to Kelly blue book Buyers spent about 50-100 dollars more for the tracks and the Sonic last monthMeantime general motors assigning lower demand for passenger cars in its decision to cut a shift at itsFairfax plant in Kansas City, Kansasthe Factory Produces the Chevrolet MalibuStarting in september the automaker is taking the plant down to just two shifts about a thousand jobs will be affectedGm revealing the decision to workers on Friday in a statement GM says quoteWe believe the steps we are takingWill provide the smallest impact on employment of the plant going forward the company adding that it’s well positioned in the auto industryToday because it’s launching a record number of crossovers through may us sales of the Malibu were down 30%To just over 73 thousand unitsWill it be too little too late for the New Hyundai Kona subcompact crossover?the Kona is arriving to a hot us segment nearly a decade after the Nissan Juke andYears behind most of its competitors, but that’s not the only hurdle dealers will face on the Kona arrives in early 2018it also won’t have many to sell asour David under Koffler reports Hyundai plans to build just200,000 Kona’s annually for the global market and only40,000 are slated for shipment to the u. s. That equates to on average four units a month per us dealer and that number is dwarfed by its competitorsus salesFiat-Chrysler sold more than 150 thousand Jeep renegades in the us and 2016Meantime Hyundai says there is an advantage to being fashionably late, and that’s the chance to learn from its competitors mistakesAll right now. This is straight out of our you can’t make this up fileHave you heard the one about the Japanese automaker?The Canadian-American leased finance company the obscure us agency and the government of Cuba now pay attentionWe’re not going to repeat this fundAmerican Honda Finance Corporation has agreed to pay eighty seven thousand dollars to the us government for allegedviolations of Cuban assets control regulations actuallyeighty seven thousand two hundred and fifty five dollars now betweenFebruary of 2011 and March of 2014the california-based finance companies Canadian arm approved the financing ofThirteen lease agreements between a Honda dealership in Ottawa and the Cuban embassyaccording to the United StatesAmerican Honda Finance and Honda Canada finance had procedures in place for checkingtransactions against a database of blockedPersons not to check the names of entire countries that are subject to us sanctionsno country is well like like Cuba the finance company did disclose the violations to the us office offoreign assets controlNow we never heard of them either, but on the bright side not even uncle Sam considers the violations to be too seriousIt’s calling the situation a quote nonegregious caseI’m sorryYour racing days are coming to an endit says this news get not before we tell you about a foe even a wonder woman couldn’t defeat or aBiopic of the Slain Rapper Tupac Shakur couldn’t kick to the curbWalt Disney’s cars three took the checkered flag in this week’s box office raceKnocking wonder woman off her top spot and besting the opening of the Tupac looked backEven so it was a disappointing opening weekend pit stop at the cinema for the third installment of the cars franchiseIt’s fifty three point five million dollar box office haul in the us and Canada was among the lowestDebuts for a pixar animation release and the lowest of the series fix are says it’s not worriedGarza’s was running out of gas and expects momentum to build resulting in a big summer for its animated autosFinally, it’s no secret the auto industry isMale-dominated but automotive news wants to know how that gender imbalance affects women’s careersSo we’re taking a serious look at sexism in the auto sectorWe’d like to hear about women’s experiences in their jobs our survey is anonymousYou can find it at AutoNews. com Slash women in auto survey the survey closes June 23rd, please log on todayThanks for watching we’ll see you back here tomorrow

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Volvo shifting XC60s for U.S. out of China******Automotive News TV/CAR NEWS / Auto News/First Shift

welcome to Thursday’s newscast I’m Jennifer Vaughn coming upthe Chevy Blazers origins we’ll we’ll begin with headlines Volvo cars saysit’s shifting xc60 SUV production for the US market to Europe from China theSwedish automaker making the move to avoid Washington’s new tariffs onChinese imports Volvo currently builds the premium midsize crossover in Swedenfor European customers and in China for other markets including the UnitedStates Volvo CEO Hakan Samuelson telling Reuters the shift has already begun thismonth the u. s. slapped 25% tariffs on thirtyfour billion dollars in Chinese imports including models such as the xc60 andthe s 90 sedan that Volvo exclusively builts there Beijing quickly retaliatedwith an increase in tariffs on US goods Volvo also releasing its second quarterfinancial results today operating profit increased 29% to 474million dollars the automaker says it’s on track for a fifth consecutive year ofrecord vehicle sales despite rising trade tensions a wide spectrum ofstakeholders in the auto industry are expected to warn the u. s. today they’reraising Auto tariffs would severely harm the industry and consumers the CommerceDepartment is holding a public hearing as it investigates whether imports ofautos and auto parts pose a national security threat opponents say apotential 25% tariff on all imported vehicles would undermine the verymanufacturing growth that the president seeks the National Automobile DealersAssociation and the association of global automakers are among those slatedto testify the European Union meantime is preparing a list of countermeasuresto potential US tariffs on European cars theannouncement from European trade commissioner Cecilia malmström so tariffmeasures on cars are neither wanted or warranted they are at best a solution insearch of a problem at worst they are an illegal move to gain leverage in tradenegotiations she says she hopes an EU visit to Washington next week will helpease tensions at a cabinet meeting Wednesday US President Donald Trump saidcars will be the big topic we said if we don’t negotiate something fair then wehave tremendous retribution which we don’t want to use but we have tremendouspowers you have to including cars cars is the big one finally Fiat Chryslerautomobiles CEO Sergio Marchionne likely will miss the automakers July 25thsecond quarter earnings call as he recovers from shoulder surgery thataccording to the Italian business website litera 43 on July 5th the sitereported that Marcy owned underwent surgery in Switzerlandyou’ll recall Chevy unveiled its 2019 blazer last month the brand resurrectingthe nameplate after its stop producing the Blazer in 2005 now here’s a fun factabout the original when Chevy developed the first Blazer in 1969 itunderestimated the vehicles success that according to Paul hitch the 101 year oldformer chief truck engineer he was profiled in Chevy’s owner’s magazine newroads we put it out for the sales departmentthey estimated they could set up 300 a year that year we sold 5000 was that thefirst blazer 69 69 hich says the company didn’t have enough tooling capacity tomake anymore and he says that it was quote one funny unusual situation we’llsee how the 2019 blazer fares when it goes on sale early next yearthe midsize crossover will be available in three trends now here’s a questionfor you ever experienced motion sickness while riding in a carwell interior supplier international automotive components group believesthat aromas may be able to halt that queasy feeling in future vehicles IAC isdeveloping smells and application processes there could help preventmotion sickness the parts maker believes fragrances such as ginseng herbal oilsand lavenders incorporated into a car’s interior could do the trickaroma commercialization could occur as early as 2030that is our time for today thanks for watching we’ll see you back here Fridaymorning

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Tesla Ditches Model 3 Reservation System..Automotive News TV/CAR NEWS / Auto News/First Shift

thanks for joining us on this Wednesday edition of first shift later a look atFiat Chrysler’s dealer development program but we’ll begin with your topnews stories Tesla is doing away with its reservation system for the model 3sedan the automaker confirming a story originally published by the websiteelectric under the previous system a customer had to shell out a thousanddollars just to get in line to order a Model 3 then the customer paid anadditional twenty five hundred to confirm the order before Tesla beganbuilding the car now customers can bypass the reservation step and beginconfiguring a car after paying the twenty five hundred dollars afterenduring numerous delays Tesla has scrambled to boost production of the carconsidered critical to attracting mass-market customersDaimler and auto supplier Bosch will deploy self-driving taxis inCalifornia’s Silicon Valley region next year as part of a test program ofvehicles designed for city driving Daimler and Bosch gave few details aboutthe Robo taxi program which they describe as a passenger shuttle serviceand did not reveal which city would host itthey say the vehicles will include a safety driver and a steering wheel theservice will be built atop the artificial intelligence platform NvidiaDrive Pegasus supplied by chip maker Nvidia speaking of Technologydemonstrations in Paris the 5g automotive Association BMW Ford and PSAgroup conducting what they say is Europe’s first live demo of CV 2x directcommunication technology across vehicles from multiple car makers cv 2xtechnology allows for communication between Motor Vehicles and the roadwayinfrastructure to improve safety and traffic efficiency the demo held incooperation with a unit of giant Qualcomm and California basedsoftware firm Suvari and US authorities charged a former Apple employee onMonday with stealing trade secrets he is accused of downloading a blueprintrelated to a self-driving car to a personal laptop before trying to fleethe country for China this according to a criminal complaint filed in federalcourt it says the incident occurred on orabout April 30th according to the complaint the former employee Xiao LiangJung disclosed intentions to work for a Chinese self-driving car start-upauthorities arrested Jang Saturday at an airport in San Jose Californiafiat-chrysler is launching a program that aims to help aspiring dealers joinits US retail network FCA says its dealer market investment program willdevelop and provide financial support to high potential candidates who havelimited funds for example FCA through its relationships with Chrysler capitaland Ally Financial will provide 85 percent of the funds needed to cover adealerships working capital through low-interest loans the potential dealermeantime covers the remaining 15% the effort also looks to match prospectiveretailers with specific markets where they can succeed as we reported earlylast year FCA is adding about 400 dealerships to its US network of around2,500 stores dealers familiar with the plans and an FCA source said theexpansion is meant to increase sales and win back market share now a backwardsidea from Nissan the redesign 2019 Altima gets an improved appearance andthat’s thanks to an unusual idea from the car’s chief engineer TakeshiYamaguchi he says in order to create a more attractive car he turned the enginebackward that allowed designers to bring the hood line down byan inch and in turn changed the equation for the car’s silhouette the reversalalso helped to simplify exhaust output and save money the redesign Altima willhit us showrooms this fall and we’ll end with a quick birthday note PS a NorthAmerica CEO Larry Dominique turns 56 today remember you can turn to auto newsnow this afternoon for more industry news take care

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Elon Musk Rockets To Top of CEO Pay list_2 .. Automotive News TV/car news

a billion bucks and then some hope all is well with you on this MondayTesla boss Elon Musk rocketed past the highest-paid CEOs had publicly traded USautomotive companies last year this after musk exercised1. 3 four billion dollars in stock options set to expire in 2016musk who usually sits at the bottom of the list because he refuses to takeCalifornia as a minimum wage saw his total compensation zip from five figuresin 2015 to ten figures in 2016 according to the annual Automotive News equal ourCEO compensation study Musk’s boost stems from him meeting several goals ina long term incentive plan devised by Tesla’s board back in 2012 so you havemusk sitting atop the list with one point three four billion dollars therest of the top five dominated by supplier chiefs who were aided by stockaward gains in second place Te connectivities Thomas Lynch at 32million dollars he’s followed by Lear’s Matt Simmons Eenie Harman internationalsDinesh pala Wall and Alex Molinaro Lee from Johnson Controls JC I spun off itsautomotive seating business late last year and as we’re running the businessas for the second highest-paid automaker CEO well that would be X for boss markfields with 16 million dollars in total comp tops in the automotive servicessegment car auction services chief James Hallett in nearly fifteen million bucksand the highest-paid dealership Group CEO Livia Motors brian de Bourgh atnearly nine point three million for much more visit Auto news. coma US judge overseeing lawsuits against Fiat Chrysler for its alleged excessdiesel emissions intensity and compensation expert Kenneth Fineberg totry to reach a settlement you recall Feinberg oversaw the compensation fundfor General Motors ignition switch victims federal judge Edward Chen in SanFrancisco has given all sides until Wednesday to file objections to thenaming of Feinberg as settlement master Feinberg declined to comment today inMay the US Justice Department sued FCA accusing it of illegally using softwarethat led to excess emissions in nearly 100 4000 diesel vehicles sold since 2014also today honda confirming an 11th u. s. death involving one of its vehiclesequipped with a faulty Takata airbag inflator this time the death stemmedfrom a vehicle repair honda says an individual was working on a 2001 Accordwhen the airbag ruptured the fatality occurred in Florida in June of last yearall right we are halfway through 2017 just six months remain for automakers tomake or break annual US sales goals so far subaru continues to scale the ladderin terms of the marks annual sales ranking in its past its tenth brand inten years subaru has moved past lexus Volkswagen Mazda BMW Ram mercedes-benzChrysler GMC and Dodge in the past decade and through the first half of theyear Subaru is beating kia and closing in on Hyundai now the number 10 isn’t islucky for the Jeep brand June marked the tenth consecutive month sales havedropped at cheap declining 11 percentmeanwhile midsize sedan sales continue to shrink through the first half compactcar sales have outpaced mid-sized sedans by about 113 thousand units and if thetrend continues 2017 maybe the first year compact cars outsell mid-sizesedans if there’s one automaker undeterred by lackluster midsize sedansales in his Toyota executives tell Reuters they’re confident the redesignedCamry will quote rehabilitate the segment leaders say it’s quoteinconceivable that mid-sized sedans would disappear from the market throughsix months sedans and smaller models accounted for nearly 44 percent ofToyotas total u. s. sales former Acting Administrator of the National HighwayTraffic Safety Administration David Friedman has been hired by ConsumerReports he’ll serve as director of cars and product policy for consumers Unionthe advocacy arm of CR have a great day everyone and we’ll see you tomorrow

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WHY NEW COROLLA PLANT COULD HELP RAV4 ?? – Automotive News TV / CAR NEWS CHANEL

two huge sellers with an important connection hi everyone it’s good to seeyou I’m Tom Mora back when the joint Toyota Mazda assembly plant opens itsdoors near Huntsville Alabama in 2021 the factory will have capacity to build150,000 mazda crossovers and 150,000 Toyota Corollas that’s right a compactcar in what will likely continue to be a light truck hungry market so why wouldToyota help fun the 1. 6 billion dollar plan to make a car it’s a product thatwe need very much here in North America that’s Toyota North America’s CEO Jimlens Toyota so nearly 300 30,000 Corollas in the US last year second onlyto the Honda Civic in the compact car segment overall the Corolla was thethird best-selling car behind the Civic and first place Toyota Camry midsize carLen says building Corollas in the south will help Toyota about 800 miles to thenorth we’re moving Corollas out of Canada to be able to build more RAVfours indeed Toyota will start producing rav4 compact Cu V’s at the company’sCambridge North assembly plant in Ontario in 2019the rav4 is also built at Toyota’s nearby Woodstock factory in dealers mayneed every single rav4 they can get it was the fourth best selling vehicle inthe US last year trailing only the Ford f-series Chevy Silverado and Ram pickupthe back to the Corolla it is Toyota’s biggest volume product globally meantimeToyota’s plant in Mississippi will continue to make Corollas the factorythere can build roughly 170 thousand vehicles annually for today reporting asecond death in an older pickup truck caused by a defective Takata airbaginflator the automaker confirming in December that a July 2017 crash death ina 2006 Ford Ranger was caused by a faulty Takata inflator ford reported asimilar death in January 2016 the company is urging 2,900 owners ofcertain oh six Rangers in North America to stop driving the trucks until repairscan be made at least 21 deaths worldwide are linked to the Takata inflators thatcan rupture and send deadly metal fragments into the body more productnews Kia is planning a sporty stinger like overhaul of the third-generationforte compact sedan Kia providing a sneak peak of theredesigned 40 sedan ahead of Monday’s planned introduction at the Detroit AutoShow we know auto sales in the US are losing steam but hey enough about uswhat about the world well researchers at IHS market say global light vehiclesales will grow this year but more slowly than they grew in 2017 IHSestimates 2017 global sales at a record ninety four point five million of 2. 4%from 2016looking at it another way every day just shy of 259,000 cars and trucks are soldsomewhere on the planet IHS expects sales for this year toincrease 1. 5% to ninety five point nine million turning to technology news let’sstart with what happens when a self-driving vehicle meets up with apoorly driven vehicle this modified self-driving Ford Fusion needed to betowed away when it was hit by an ordinary box man whose driver ran a redlight in Pittsburgh on Wednesday this according to published reports now fourpeople were injured in the accident the fusion is a test vehicle operated byargo AI an autonomous vehicle start-up backed by Ford Porsche says it’sdeveloping a platform for electric sports cars and supercars that could beused by sister brands Lamborghini and outing the new architecture is calledSPE its parent company Volkswagen Group’s third purpose-built platform forfull V’s last September VW said it plans to roll out more than80 new electrified models by 2025 meanwhile the Volkswagen brand iscreating an e mobility division as it looks to topple Tesla as the leader inmass-market electric cars it plans to produce five core EB models the firstgoing on sale in Europe in 2020 the new unit will be headed by Thomas Albrechtmoving into that role from his position as VW’s production chiefand finally they had a devilishly good time in northern Michigan last night andall the fun will warm some hearts too as we’ve reported bill Marsh Chrysler DodgeJeep Ram in Traverse City decided to auction off its lone Dodge ChallengerSRT demon for charity and customer Ted parrot was the highest bidder offeringfourteen thousand seven hundred dollars to gain the right to buy the demon for abuck under sticker the nearly $15,000 bid will be split among four nonprofitorganizations and that is our time for today thanks so much for watching we’llsee you tomorrowyou

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Progress in U.S.-EU Auto Tariff Tussle ?? Automotive News TV/CAR NEWS / Auto News

welcome back on this Thursday trade continues to top the news GermanChancellor Angela Merkel saying today she would back lowering European Uniontariffs on US car imports the comment is in response to an offer from the us toabandon threatened levies on EU built cars in return for concessions Merkelsaying quote when we want to negotiate tariffs on cars for example we need acommon European position and we are still working on it as we told you onfirst shift the US ambassador to Germany on Wednesday told German car bosses thatPresident Donald Trump would cease terror threats if the EU scrapped dutieson u. s. cars imported into the bloc last month Trump threatened to impose a 20%import tariff on all EU assembled cars Merkel says any move to cut tariffs onUS vehicles would require reductions on those imported from other countries toconform with World Trade Organization rules speaking of the WTOnumerous countries are troubled about US efforts to explore additional tariffs onimported vehicles and parts Japan and Russia initiated the discussion at theWTO Council on trade they warned such duties could trigger a spiral of countermeasures and that could result in the collapse of the rules-based multilateraltrading system will stay with retaliatory tariffs China which justdays ago cut levies on all imported automobiles to 15% plans to slap anadditional 25% tariff on US made light vehicles starting Friday that’s if theTrump administration proceeds with plans to implement tariffs on 34 billiondollars worth of Chinese imports however Ford says it is noplans for now to hike prices of imported Ford brand in lincoln models in chinaford’s move makes it the first automaker to address pricing ahead of the plannedtariffs which would affect around thirty four billion dollars of various USimports Renault and Nissan have given themselves two years to decide on apossible merger between the two automakers or find another channel toenhance their partnership that’s according to sources who spoke withBloomberg the companies are in talks about options including establishing aholding company in putting Renault and Nissan under that umbrella theautomakers declined to comment Volvo on Wednesday launched M it’s a new brandthe automaker says will expand its global mobility operations specificallyVolos is M will provide on-demand access to cars and services through an app M isdeveloping proprietary learning technology that asks users about theirspecific needs instead of merely informing them where they can pick up avehicle the program will debut in Sweden and the US in the spring of 2019 and theVW brand plans to start offering car sharing services using full electricvehicles in Germany next year it’s all part of efforts to serve consumers whodon’t want to buy their own vehicles VW saying Wednesday the new car sharingservice will expand to major cities in Europe North America and Asia as earlyas 2020 for breaking news around the clock stay with Auto news. com take goodcare we’ll see you tomorrowyou

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