Trump Tells Car Executives He's Still Open to Talks With California

Auto executives head to the White House to avert a collision with California over fuel economy rules

The Corporate Average Fuel Economy or CAFE standards would require carmakers to reach an average of 54.5 miles per gallon (23 kilometers per liter) across all models they produce by 2025, in an effort to significantly reduce oil consumption and the greenhouse gases linked to climate change. The people spoke on condition of anonymity to describe the private discussions.

President Trump and the head of the Environmental Protection Agency Scott Pruitt met with the heads dozen automakers, including General Motors CEO Mary Barra, Ford Motor Co. The state has its own tailpipe rules that are aligned with federal targets through 2025, and is developing new standards through 2030. California and several other states have already sued to challenge to a would-be rollback by the Trump administration, a move announced in fiery terms by Democratic Governor Jerry Brown.

The Alliance of Automobile Manufacturers and the Association of Global Automakers issued a joint statement after the meeting saying they appreciated Trump's passion for the industry.

That topic earned Marchionne praise from Trump, who called him "my favorite" executive for moving production of the Ram pickup from Saltillo, Mexico, to the company's plant in Warren, Michigan.

The president says they'll discuss the "manufacturing of millions of more cars within the United States, for MI, for OH, for Pennsylvania" and states like SC and North Carolina.

President Trump prodded top auto industry executives Friday to make more cars and trucks in the US, promising that his tough trade policies also would make it easier to sell those vehicles overseas.

Trump says he's working to rewrite the North American Free Trade Agreement but "has never been a NAFTA fan".

Boy abducted from Gold Coast found in northern NSW
Investigators had been following "a number of leads" but the abduction did appear to be pre-planned, Det Insp Hogan said. In their final Amber Alert over the disappearance, police said a 53-year-old man was assisting them with inquiries.

Hawks To Offer Head Coaching Job To Lloyd Pierce
Lloyd Pierce has been on the Hawks' radar awhile, but it now appears that the Sixers' lead assistant is the favorite for the job. Pierce's one-year stint at Golden State coincided with current Hawks general manager Travis Schlenk's time with the team.

Enterprise Products (EPD) Cut to Sell at ValuEngine
One can make this analysis in two unique ways, counting fundamental stock analysis and technical stock analysis. As of now, Enterprise Products Partners L.P. has a P/S, P/E and P/B values of 2.01, 21.2 and 2.62 respectively.

"Mexico and Canada, look, they don't like to lose the golden goose".

Asked if the deal might adversely affect the industry, Trump said, "NAFTA has been a awful deal, we're renegotiating it now, we'll see what happens".

Bigs form every major automaker were seated around the table.

"I am optimistic that the president can find a means to preserve a national program that drives continuous improvement in vehicle efficiency and, at the same time, allows us to build vehicles customers want, at prices they can afford", Fiat Chrysler Chief Executive Officer Sergio Marchionne said in statement afterward.

When the single national standard was adopted six years ago, cars, which get better mileage than trucks and SUVs, made up just under half of USA new vehicle sales. Reducing the standards, they say, will increase pollution and raise gasoline prices at the pump.

The industry also notes it faces rising fuel efficacy standards around the globe and is spending countless dollars to introduce new battery powered vehicles in the coming years.

Related news:

Hot News

isis-killer-beheading-video-story-top Microsoft to replace all Surface Pro 4 models with screen flicker fault
May 12, 2018 - 07:23
That led many users to take the drastic step of putting their Surface Pro 4 in the freezer to temporarily alleviate the issue. And if you spent out of pocket to fix this problem after the expiration of the warranty, Microsoft will reimburse you.

isis-killer-beheading-video-story-top FEC Allows Dem House Candidate To Use Her Campaign Funds For Childcare
May 12, 2018 - 07:02
As such, Americans from all walks of life will be better represented in Washington, D.C. There is no public data on the number of mothers in Congress.

isis-killer-beheading-video-story-top Ed Sheeran Emerges Highest British Music Earner In 2017
May 12, 2018 - 06:58
Former Beatle Paul McCartney is the richest musician overall in the United Kingdom , with an estimated worth of $1.1 billion. It probably won't surprise you to hear that, once again, the richest musician in the U.K.is Sir Paul McCartney .

isis-killer-beheading-video-story-top BC Interior faces more flooding as weather warms up
May 12, 2018 - 06:54
He said the snowpack in low elevation flood areas have melted, but mid-to-high elevation areas are still at risk. Some 2,500 residents have been forced from their homes in what is being labelled as a 1-in-200 year flood event.

isis-killer-beheading-video-story-top Preity Zinta-Virender Sehwag involved in verbal spat after RR loss
May 12, 2018 - 06:53
Kings XI Punjab has been playing well enough throughout the eleventh season of Indian Premier League to make it to the playoffs. She allegedly lashed out (using the F-word) at the then coach Sanjay Bangar over the team's poor performances.

isis-killer-beheading-video-story-top Voice assistant devices could be more vulnerable than we think
May 12, 2018 - 06:53
The idea was to get Android devices to read aloud the ingredients of the burger from the Whopper's Wikipedia page . They could cover these silent commands with white noise and thus communicate with the smart assistants.

isis-killer-beheading-video-story-top Apple leads Wall Street higher; energy rally fades
May 12, 2018 - 06:42
After Trump began discussing the broad goals of his plan Friday afternoon, health care sector stocks mostly moved higher. AXA Equitable Holdings, the USA division of French insurer AXA, rose 1.7 percent in its market debut.

isis-killer-beheading-video-story-top Bayern Munich: Arjen Robben agrees new deal with Bundesliga champions
May 12, 2018 - 06:39
The news comes hot on the heels of Franck Ribery's decision to prolong his stay at the Allianz Arena for another year . "Both Arjen Robben and Rafinha play important roles in our plans for the coming season".

isis-killer-beheading-video-story-top Tel Aviv will be destroyed in the case of stupid Israeli actions
May 12, 2018 - 06:34
He stated this during Friday prayers at Tehran University. "Enemies of Iran can not be trusted", - said the Ayatollah. Mr Trump has warned Iran of "severe consequences" if it continued its nuclear development.

isis-killer-beheading-video-story-top USA ban forces ZTE into trouble
May 12, 2018 - 06:33
A USA delegation travelled to Beijing last week to discuss the brewing trade conflict with their Chinese counterparts. ZTE's troubles with the US government are also playing out amid broader fears of an ascendant Chinese tech industry.

isis-killer-beheading-video-story-top A dragon float caught on fire today at Walt Disney World
May 12, 2018 - 06:31
A dragon float in Disney World's Festival of Fantasy Parade caught fire Friday afternoon, filling the air with thick black smoke. May 11, 2018It's all kicking off at the Magic Kingdom! The dragon is not looking so good now.

isis-killer-beheading-video-story-top Woman dies from flesh-eating bacteria after Florida vacation, reports say
May 12, 2018 - 06:28
Richard Martin told WFLA that he thinks his wife may have developed the infection from a hot tub at a Days Inn hotel in Florida. Towards the end of the vacation, they had a long day of activities, and Carol chose to relax in the hot tub for the evening.

isis-killer-beheading-video-story-top Max Verstappen: "You always want to improve"
May 12, 2018 - 06:27
He added: "The two of them have spoken". "The new surface created a few moments for a lot of drivers, myself included". It's better to look at circuit layouts and the role that tyre degradation can or can't play in a race.

Wedge Up Is Formed By Microsoft Corporation (MSFT) at $97.91
May 12, 2018 - 06:26
The stock of Microsoft Corporation (NASDAQ:MSFT) has "Overweight" rating given on Thursday, December 22 by Piper Jaffray. Finally, Tigress Financial reaffirmed a "buy" rating on shares of Microsoft in a report on Wednesday, February 14th.

isis-killer-beheading-video-story-top Student strips off for presentation after teacher's discriminatory comment
May 12, 2018 - 06:26
They wrote that while Maggor made "an error in phrasing", she had "apologized on more than one occasion". She then asked for others to remove their clothing and 28 out of the 44 people in attendance did.