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  • William Maley
    William Maley

    Trump Administration To Double Down On Emission Standards and Revoking California's Privileges

      Here we go once again

    Fuel efficiency guidelines and California's right to set its own vehicle emissions standards are in the crosshairs of the Trump administration again.

    Bloomberg has learned from sources that the administration will be introducing a proposal later this week that revises key parts of the Obama-era standards. This includes capping federal fuel economy requirements at 2020 level of 35 mpg fleet wide, instead of the 50 mpg requirement by 2025. There is also a provision that would revoke the Clean Air Act waiver given to California that allows it to set its own emission regulations.

    Sources go onto say that the proposal is in the final stages of a "broad interagency review" being done by the Office of Management and Budget.

    These changes were first introduced back in April and got massive pushback from various environmental groups, along with the state of California. A month later, a coalition made up of California, Washington D.C. and sixteen other states filed suit against the rollback. Automakers who pushed for the rollback began to panic as this could result in two different emission regulations they would have to meet. 

    Source: Bloomberg

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    I think it will be near impossible to revoke California's waiver, because CARB pre-dates the EPA and any other agency, and what legal authority do they have to revoke it?  Then you get into a political situation where most conservatives will advocate a smaller federal government with states having more power, this does the opposite, it is revoking a state's ability to set laws. 

    As far as the cars go themselves, if these automakers want to lobby for low standards so they can keep their profits up in the short term, you'd think the'd remember what happened in the 1970s.  Detroit didn't want to build fuel efficient, they just wanted to make big V8s to get a profit, and the door was left wide open for the Japanese to come in and clean their clocks.   China is going to go all EV, and in 10-15 years they'll have EV's that are like today's Tesla at Chevy prices  and they will flood this country unless GM, Ford, Toyota, etc beat them too it.

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    2 hours ago, smk4565 said:

    I think it will be near impossible to revoke California's waiver, because CARB pre-dates the EPA and any other agency, and what legal authority do they have to revoke it?  Then you get into a political situation where most conservatives will advocate a smaller federal government with states having more power, this does the opposite, it is revoking a state's ability to set laws. 

    As far as the cars go themselves, if these automakers want to lobby for low standards so they can keep their profits up in the short term, you'd think the'd remember what happened in the 1970s.  Detroit didn't want to build fuel efficient, they just wanted to make big V8s to get a profit, and the door was left wide open for the Japanese to come in and clean their clocks.   China is going to go all EV, and in 10-15 years they'll have EV's that are like today's Tesla at Chevy prices  and they will flood this country unless GM, Ford, Toyota, etc beat them too it.

    Tough to say, as we love our big trucks here.....

    But we still have to offer both choices, but EVs are part of the future.

    To me it is tough to get too high on EVs, as gas burners wind down a bit- guess what bill in your house gets much, much pricier?

    Highly doubt wall street will lose sleep over it...

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    4 hours ago, smk4565 said:

    I think it will be near impossible to revoke California's waiver, because CARB pre-dates the EPA and any other agency, and what legal authority do they have to revoke it?

    CARB is an entity within the CA EPA. When they were founded is immaterial, legally.
    Cadillac doesn't overrule General Motors just because it was founded years before.

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    1 hour ago, daves87rs said:

    Tough to say, as we love our big trucks here.....

    But we still have to offer both choices, but EVs are part of the future.

    To me it is tough to get too high on EVs, as gas burners wind down a bit- guess what bill in your house gets much, much pricier?

    Highly doubt wall street will lose sleep over it...

    The Chinese are showing an EV that has a 435 mile range and 0-60 in under 4 seconds at the LA Auto show.   I don't know what this thing will cost, but once they get the cost figured out, they'll probably import those things and sell some cars.  

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    7 minutes ago, balthazar said:

    CARB is an entity within the CA EPA. When they were founded is immaterial, legally.
    Cadillac doesn't overrule General Motors just because it was founded years before.

    15 states which compromise 40% of the US population use California emission rules.  CARB has had that waiver for 45 years and it is still standing, Trump can try to revoke it, but 15 states will sue and it will get dragged out in court and California will win because they got granted that waiver and there is no basis to revoke it.

    California is also the world's 5th largest economy, car companies will bend over backwards to sell there.  

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    16 minutes ago, Suaviloquent said:

    It’s okay -

     

    Fuel efficiency was something invented by the Chinese to make U.S. autos less competitive.

     

    ?

    That must be a rewrite of the Japan playbook from the 70's. :P 

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    8 hours ago, smk4565 said:

    The Chinese are showing an EV that has a 435 mile range and 0-60 in under 4 seconds at the LA Auto show.   I don't know what this thing will cost, but once they get the cost figured out, they'll probably import those things and sell some cars.  

    Maybe, but when wall street can't make money on oil, you know what's next.

    Cost of charging an EV could end up more than filling it up with gas.

    And there is stil the fact of how well it will hold up here as well......

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    1 hour ago, daves87rs said:

    Maybe, but when wall street can't make money on oil, you know what's next.

    Cost of charging an EV could end up more than filling it up with gas.

    And there is stil the fact of how well it will hold up here as well......

    Wall street has been making billions off the back of hard working americans. Time to flip it on them.

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    15 hours ago, smk4565 said:

    I think it will be near impossible to revoke California's waiver, because CARB pre-dates the EPA and any other agency, and what legal authority do they have to revoke it?  Then you get into a political situation where most conservatives will advocate a smaller federal government with states having more power, this does the opposite, it is revoking a state's ability to set laws. 

    As far as the cars go themselves, if these automakers want to lobby for low standards so they can keep their profits up in the short term, you'd think the'd remember what happened in the 1970s.  Detroit didn't want to build fuel efficient, they just wanted to make big V8s to get a profit, and the door was left wide open for the Japanese to come in and clean their clocks.   China is going to go all EV, and in 10-15 years they'll have EV's that are like today's Tesla at Chevy prices  and they will flood this country unless GM, Ford, Toyota, etc beat them too it.

    4

    Exactly! Where are all the "states rights" conservatives on this one? 

    This thread is by necessity going to get political.  I'm encouraging everyone here to keep a level head discuss ideas, not people.

    TL:DR - Don't make it personal

     

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    1 minute ago, Drew Dowdell said:

    Exactly! Where are all the "states rights" conservatives on this one? 

     

    IMO, they are for 'states rights' only when it applies only to furthering right wing causes...

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    2 hours ago, daves87rs said:

    Cost of charging an EV could end up more than filling it up with gas.

     

    Highly unlikely unless we manage to find a drop-in replacement for petroleum for everything.  If we don't use oil in our cars, we'll still use it in our shampoo bottles... the price of oil won't drop so much that it will drop below the price per mile of Electric.

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    1 hour ago, Drew Dowdell said:

    Exactly! Where are all the "states rights" conservatives on this one? 

    This thread is by necessity going to get political.  I'm encouraging everyone here to keep a level head discuss ideas, not people.

    TL:DR - Don't make it personal

     

    States rights conservatives use that argument when they don’t like what the Federal Government does and they want something different. 

    Politics aside, I also just read oil could go to $200-$400 per barrel in 2020.  That basically will kill gasoline car sales.  Oil hit a record high of $147 per barrel in 2008 and everything collapsed.  How will these car companies manage $300 a barrel because that means $10 a gallon gas in the USA.

    1 hour ago, Cubical-aka-Moltar said:

    IMO, they are for 'states rights' only when it applies only to furthering right wing causes...

    1,000 up votes.

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    Great source to follow the Clean California Emissions info: http://calcleancars.org/

    Intersting read on this same thread: https://money.usnews.com/investing/news/articles/2018-07-23/us-to-propose-revoking-calif-ability-to-set-vehicle-emissions-rules-mandate-evs-source

    Another site that does a pro/con writeup on the CARB versus EPA: https://www.dmv.org/articles/epa-emissions-standards-revision

    Who knew that the Forestry Service arm of the Government is putting in place their own standards to quiet and reduce emissions of non-road petro powered products. Specifically fire pumps and chain saws but also to be applied to other appliance type devices.

    EPA and CARB Emission Standards To Control Nonroad Exhaust Emissions of Fire Pumps and Chain Saws

    https://www.fs.fed.us/eng/pubs/html/02511204/02511204.htm

    Washington state is working hard to remove emission pollution and road noise. As such of course EV's are a well supported auto option with rebates and discounts. With that said Washington is a partner in supporting CARB over the Federal standards and requiring all new auto's to meet the CARB standard.

    https://ecology.wa.gov/Air-Climate/Air-quality/Vehicle-emissions

    With 13 states fully implementing the CARB standard, 3 states partially implementing them with full implementation happening between 2020-2025 and being voter approved in the west coast states, I honestly do not see the feds being able to take away State Rights in governing themselves.

    If they still move forward to repeal California's CARB. I suspect it will end up in the courts and last well over 2 years by which time Trump should be out of office.

    Edited by Drew Dowdell
    Removed political name calling
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    16 hours ago, balthazar said:

    CARB is an entity within the CA EPA. When they were founded is immaterial, legally.
    Cadillac doesn't overrule General Motors just because it was founded years before.

     

    Not relevant. 

    8 hours ago, ocnblu said:

    One state should never have power over the federal level.  It is time to knock California off its high horse.

    California doesn't have power over the Federal level, so your original premise is flawed.  If General Motors wishes to run away from the California market just like they did with the EU market, that's their choice. No one is saying any manufacturer has to sell in California. 

    Years ago, a California car was a car with extra emissions control equipment that cost slightly more. What is the problem with going back to that model?

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    Carmakers don’t want to build a car 2 ways, and rely on engine control software to meet emissions, so they later lose a lawsuit for having defeat devices in their software.

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    8 hours ago, dfelt said:

    Wall street has been making billions off the back of hard working americans. Time to flip it on them.

    Know how many hard working American's have their retirement & 401K's invested in Wall Street??

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    20 minutes ago, balthazar said:

    Know how many hard working American's have their retirement & 401K's invested in Wall Street??

    Yup plenty, but that still does not mean that we cannot give Americans a break on cost of getting around. :)

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    Here we are... AGAIN at Cheers & Gears with the double standard... and after Drew implores us to be civil and talk about IDEAS, not PEOPLE... yet this kind of trash is allowed to go on UNCHECKED.  You have got to be kidding me!

    If they still move forward to repeal California's CARB. I suspect it will end up in the courts and last well over 2 years by which time the Orangutan should be out of office.

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    9 hours ago, smk4565 said:

    I also just read oil could go to $200-$400 per barrel in 2020.

    Wow- and I just read oil could go to eleventy-billion dollars per barrel next month.

    Quote

    Oil hit a record high of $147 per barrel in 2008 and everything collapsed.

    You must be talking specifically about oil, because it was down to $30/barrel by December '08.

    Edited by balthazar
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    1 hour ago, balthazar said:

    Wow- and I just read oil could go to eleventy-billion dollars per barrel next month.

    You must be talking specifically about oil, because it was down to $30/barrel by December '08.

    Already forgetting $4 per gallon gas?  If Oil goes to $200 a barrel we'll have $6-7 gallon gas.  And good luck to FCA with their Hellcat strategy.    $147 a barrel helped to bankrupt Chrysler and GM, and it would have bankrupted Ford if they didn't mortgage everything they had to get capital in 2006.

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    No, I didn't forget it; and I was paying diesel prices to boot. Remembering it and acknowledging it are not the same thing as predicting an unprecedented price skyrocket in 18 months.

    07.03.08 : $145.29
    12.26.08 : $37.71
    04.29.11 : $112.29

    12.12.14 : $57 .81
    02.19.16 : $29.64
    07.20.18 : $70.46

    The prices bounces and fluctuates like a paper cup floating on the ocean waves.
    But $200/barrel? What's the source for that prediction?

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    8 hours ago, balthazar said:

     

    But $200/barrel? What's the source for that prediction?

    20 seconds to do a google search turns up one recent source is speculation of a 2020 economic crash in a paper by an analyst..I'm sure there are others out there. 

    https://www.washingtonexaminer.com/policy/energy/expert-makes-the-case-for-400-per-barrel-oil

    https://www.pkverlegerllc.com/assets/documents/180704200CrudePaper.pdf

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    Same article has Morgan Stanley saying $90/barrel in 2020, vs "$400/barrel". Speculation- the futures market out thru 2020 (and beyond) has it priced lower than today- if the bulk of investors thought it was going to explode in price they'd be bidding up.

    My takeaway from that link is that Gov't standards would be behind this vaguely possible "economic collapse"- what else is new?

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    4 minutes ago, balthazar said:

     My takeaway from that link is that Gov't standards would be behind this vaguely possible "economic collapse"- what else is new?

    Seems like government policies from the current corrupt, unstable government led by the orange cretin would be more likely the cause of a new-future economic collapse.

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    14 hours ago, ocnblu said:

    I have never had these problem using those types of gas cans. Maybe the guy did not read or follow instructions.

    1 hour ago, ccap41 said:

    You just listed every politician. 

    Yes, Yes he did from City, to county, to state and federal, every corrupt unstable political hasbeen. :P 

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    35 minutes ago, dfelt said:

    Yes, Yes he did from City, to county, to state and federal, every corrupt unstable political hasbeen. :P 

    My honest to goodness feelings on every politician is that there are only 5% who took the job to legitimately try and do good things. Everybody else is there for the power and money and are corrupt as Fck.

     

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    On 7/24/2018 at 8:37 PM, ocnblu said:
    •  
    •  
    •  
    Here we are... AGAIN at Cheers & Gears with the double standard... and after Drew implores us to be civil and talk about IDEAS, not PEOPLE... yet this kind of trash is allowed to go on UNCHECKED.  You have got to be kidding me!

    What did I miss? I was in class all day yesterday.  If something is an issue, report the post. 

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    6 hours ago, Drew Dowdell said:

    What did I miss? I was in class all day yesterday.  If something is an issue, report the post. 

    Really?  You just quoted me and it is all right there inside my quote.  You're being facetious now.  Turning off the old guard when there is no "new guard".  Shame.

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    1 hour ago, ocnblu said:

    Really?  You just quoted me and it is all right there inside my quote.  You're being facetious now.  Turning off the old guard when there is no "new guard".  Shame.

    Honestly, no. Out of necessity I have to skim stuff on here when I'm incredibly busy at work. I am all over the NYC area the past few days. I addressed your concern.   I missed it in the original post because my eyes glazed over after the third link.  

    I do try to be fair.  If you report something, one of us will address it.  If you quote it, then you're just repeating it again for everyone else to see. 

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    On 7/24/2018 at 8:48 AM, dfelt said:

    Wall street has been making billions off the back of hard working americans. Time to flip it on them.

    Um, my good friend-you are missing the point.

    Wall Street will just starting buying up the Electric Companies instead. And WS doesn't have complete control over a barrel of oil like they could with the utilities here. They will care less about oil at that point, because it's not where the money is......

    I'm afraid to see what they would charge for rates then.....

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    9 hours ago, daves87rs said:

    Um, my good friend-you are missing the point.

    Wall Street will just starting buying up the Electric Companies instead. And WS doesn't have complete control over a barrel of oil like they could with the utilities here. They will care less about oil at that point, because it's not where the money is......

    I'm afraid to see what they would charge for rates then.....

    Guess when you live in a state that has the cheapest electric rates in the nation and is state controlled so it takes Voters approval to increase rates, one does not worry about WS taking it over. 6 cents per kWh makes it a deal to drive EV.

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    15 hours ago, daves87rs said:

    Um, my good friend-you are missing the point.

    Wall Street will just starting buying up the Electric Companies instead. And WS doesn't have complete control over a barrel of oil like they could with the utilities here. They will care less about oil at that point, because it's not where the money is......

    I'm afraid to see what they would charge for rates then.....

    Constellation Energy, Green Mountain Energy, and FirstEnergy are already publically traded.  #1 and #3 are among the largest energy generators in the country. 

    6 hours ago, dfelt said:

    Guess when you live in a state that has the cheapest electric rates in the nation and is state controlled so it takes Voters approval to increase rates, one does not worry about WS taking it over. 6 cents per kWh makes it a deal to drive EV.

    I still want to see your bill. 6 cent per kWh would only barely cover delivery. 

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    5 minutes ago, Drew Dowdell said:

    Constellation Energy, Green Mountain Energy, and FirstEnergy are already publically traded.  #1 and #3 are among the largest energy generators in the country. 

    I still want to see your bill. 6 cent per kWh would only barely cover delivery. 

    OK, I will post again, the latest bill once I get home. I know I posted one before in one of the threads. :) 

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    2 minutes ago, Drew Dowdell said:

    Found it.  You pay 10 c/kWh.

     

    So when the state says the cost to the consumer is 6 cents per kWh, that must be before taxes service fees, etc. then probably?

    Still even 10 cents per kWh is cheap compared to what I have seen for other states especially California and much cheaper than petro costs right now.

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    1 minute ago, dfelt said:

    So when the state says the cost to the consumer is 6 cents per kWh, that must be before taxes service fees, etc. then probably?

    Still even 10 cents per kWh is cheap compared to what I have seen for other states especially California and much cheaper than petro costs right now.

    Yeah, I'm around 13 c/kWh net cost and I'm on green energy. 

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    25 minutes ago, Drew Dowdell said:

    Yeah, I'm around 13 c/kWh net cost and I'm on green energy. 

    That is totally cool, Washington state has just one nuclear power plant left that is slated for end of life shutdown in about 10 years or so. For the most part, pretty green as the bulk of power is produced by Hydro, wind and some solar.

    Our Energy Profile. Plus the site allows you to select your state for any other members who are interested in seeing what forms of power are used for electricity, petro production, etc.

    https://www.eia.gov/state/?sid=WA

    WA-Energy-Profile.jpg

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    7 minutes ago, dfelt said:

    That is totally cool, Washington state has just one nuclear power plant left that is slated for end of life shutdown in about 10 years or so. For the most part, pretty green as the bulk of power is produced by Hydro, wind and some solar.

    Our Energy Profile. Plus the site allows you to select your state for any other members who are interested in seeing what forms of power are used for electricity, petro production, etc.

    https://www.eia.gov/state/?sid=WA

    WA-Energy-Profile.jpg

    2

    Shhh... no one tell @ocnblu.  His house isn't powered by coal at all and his part of the state has a pretty high number of renewable "greenie weenie" projects. 

    2018-07-26.png

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    Skeeterbite, I've tole you all before I would love to have solar on my roof.  Just because I am not triggered by coal, diesel and gasoline powered vehicles does not mean I demand coal to power my own home.  I would not be in a fetal position sucking my thumb if it were though. 

     

    42 minutes ago, dfelt said:

    That is totally cool, Washington state has just one nuclear power plant left that is slated for end of life shutdown in about 10 years or so. For the most part, pretty green as the bulk of power is produced by Hydro, wind and some solar.

    Our Energy Profile. Plus the site allows you to select your state for any other members who are interested in seeing what forms of power are used for electricity, petro production, etc.

    https://www.eia.gov/state/?sid=WA

     

    2

    Shhh... no one tell @ocnblu.  His house isn't powered by coal at all and his part of the state has a pretty high number of renewable "greenie weenie" projects. 

    Edited by ocnblu
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    no one here gets triggered negatively by petroleum as a fuel. 

    Some seem to get triggered by electric as a motive power or even triggered by those who might like an electric. 

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    14 hours ago, balthazar said:

    NJ- 5th largest power producer by solar, electricity still .17/KW.

    How much of that is distribution?  NJ has capacity and flow issues, thus the cost. 

    That price would be even higher without the solar.

    16 hours ago, ocnblu said:

    Well that's normal.  Electric powered vehicles are the Anti-Christ.

    I'm significantly more pragmatic.   I like torque... I don't need vroom vroom noises.   I don't care how the torque is generated as long as there is a lot of it and I get it low in the RPM range. I'd drive a nuke powered V12 steam engine as long as it gives me the performance I want. 

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Scale advantages by standardizing vehicle platforms By standardizing the vehicle platforms of both companies across various product segments, the companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes. The integration is projected to increase sales and operational volumes, allowing the companies to reduce development costs per vehicle, including for future digital services, while maximizing profits. By accelerating the mutual complementation of their global vehicle offerings - including ICE, HEV, PHEV, and EV models - Nissan and Honda will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction. 2. Enhancement of development capabilities and cost synergies through the integration of R&D functions In accordance with the MOU to deepen strategic partnership and the joint research agreement on fundamental technologies dated August 1, the two companies have started joint research in fundamental technologies in the area of vehicle platforms for next-generation software-defined vehicles (SDVs), which is the cornerstone of the field of intelligence. After the business integration, both companies will encompass more integrated collaboration across all R&D functions, including fundamental research and vehicle application technology research. This approach is expected to enable both companies to efficiently and swiftly enhance their technological expertise, achieving both improvements in development capabilities and reductions in development costs through the integration of overlapping functions.   3. Optimizing manufacturing systems and facilities The companies anticipate that optimizing their manufacturing plants and energy service facilities, combined with improved collaboration through the shared use of production lines, will result in a substantial improvement in capacity utilization leading to a decrease in fixed costs.   4. Strengthening competitive advantages across the supply chain through the integration of purchasing functions To fully leverage the synergies from optimizing development and production capacity, both companies intend to boost their competitiveness by improving and streamlining purchasing operations and source common parts from the same the supply chain and in collaboration with business partners.   5. Realizing cost synergies through operational efficiency improvements The companies expect that the integration of systems and back-office operations, along with the upgrade and standardization of operational processes, will drive significant cost reductions.   6. Acquisition of scale advantages through integration in sales finance functions By integrating relevant areas of sales finance functions of both companies and expanding the scale of operations, the companies aim to provide a range of mobility solutions, including new financial services throughout the vehicle lifecycle, to customers of both organizations.   7. Establishment of a talent foundation for intelligence and electrification The human resources of the companies are an invaluable asset, and establishing a strong human resource foundation is crucial for the transformation that will come with the business integration. After the integration, increased employee exchanges and technical collaboration between the companies are expected to promote further skill development. Moreover, by leveraging each company's access to talent markets, attracting exceptional talent will become more attainable. Method of business integration and stock listing Nissan and Honda, with the result of the consideration, plan to establish, through a joint share transfer, a joint holding company that will be the parent company of both companies. This will be subject to approval at each company's general meeting of shareholders and obtaining necessary approvals from relevant authorities for this business integration, based on the premise that Nissan's turnaround*1 actions are steadily executed. Both Nissan and Honda will be fully owned subsidiaries of the joint holding company*2. Additionally, the companies plan to continue coexisting and developing the brands held by Honda and Nissan equally. Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the Prime Market of the Tokyo Stock Exchange (“TSE”). The listing is scheduled for August 2026. With the listing of the joint holding company, both Nissan and Honda will become wholly owned subsidiaries of the joint holding company and will be scheduled to be delisted from the TSE. However, shareholders of both companies will continue to be able to trade shares of the joint holding company issued during this share transfer on the TSE. The listing date of the joint holding company and the delisting date of both Nissan and Honda will be determined in accordance with the regulations of the TSE. Regarding the organizational structure of the joint holding company, and both companies which will become wholly-owned subsidiaries of the joint holding company after the business integration, the optimal structure for realizing synergies, including the integration of R&D functions, purchasing functions, and manufacturing functions, will be discussed and considered within the integration preparatory committee, with the aim of establishing an organizational structure that enables efficient and highly competitive business operations after the business integration. The CEO's of all three companies had the following to say: Marking the announcement, Nissan Director, President, CEO and Representative Executive Officer Makoto Uchida said: “Honda and Nissan have begun considering a business integration, and will study the creation of significant synergies between the two companies in a wide range of fields. It is significant that Nissan's partner, Mitsubishi Motors, is also involved in these discussions. We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base.“ Honda Director and Representative Executive Officer Toshihiro Mibe said: "At this time of change in the automobile industry, which is said to occur once every 100 years, we hope that Mitsubishi Motors' participation in the business integration discussions of Nissan and Honda will lead to further social change, and that we will be able to become a leading company in creating new value in mobility through business integration. Nissan and Honda will start the discussion from today onwards with an aim to clarify the possibility of business integration by around the end of January in line with the consideration of Mitsubishi Motors." Comment from Mitsubishi Motors Director, Representative Executive Officer, and President and CEO Takao Kato said: “In an era of change in the automotive industry, the study between Nissan and Honda about a business integration will accelerate synergy maximization effects, bringing high value also to the collaborative businesses with Mitsubishi Motors. In order to realize synergies and to make the best use of each company's strengths, we will also study the best form of cooperation.” Upon looking at the press releases, it makes total sense that these companies would look to merge as each company is having a challanging time. Nissan globally has seen a 33.7% reduction in sales taking the estimated 2024 market share to 5.2%.  Honda globally has seen a 9% reduction over all with a 32% reduction in the asian rim leaving them with a 2024 estimated 5.4% market share. Mitsubishi Motors globally has seen a reduction year over year of a 10.7% drop leaving them with a 2024 estimated market share of 4.6%. All three auto companies lag the industry in technology connected auto's, feature / functions and especially EVs. All three companies have seen their profits turn into negative earnings for their respective companies leaving them with no real ability to perform R&D in building EVs to compete in China or the U.S. let alone Europe that has mandates in place for the end of ICE by 2035. End result is it looks like for these companies to survive, merging into one company that shares platforms and technology especially in the software and battery sectors will be the only way to move forward. View full article
    • I think I'm dreaming ... this vehicle would be the oldest of my handful of favorite "blast from the past" cars. A Cutlass Salon coupe in perfect condition, the first year I liked the colonnade Cutlass (and it's last year, of 3, with round headlamps in the colonnade), those huge bucket seats, and, oddly, A/C is there, but with manual windows.  It featured the new but not as popular 260 (4.3L) V8.  It also featured the light enamel blue they didn't repeat.  If the exhaust system is tight, this car will be whisper quiet. 1975 Oldsmobile Cutlass Salon (Numbers Matching Drivetrain) for sale: photos, technical specifications, description See anything odd?  Come on.  Quick. . . . It has Buick rally wheels instead of Oldsmobile rally wheels. * sigh ... I wonder what time frame this ad goes back to *
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