Jump to content
Create New...
  • William Maley
    William Maley

    When the Detroit Three Met With President Trump

      What did the three Detroit automakers talk about with the new president?

    The CEOs of Detroit's three automakers met with President Donald Trump this morning to talk about investments. Specifically, investments into U.S. manufacturing. 

    "We have a very big push on to have auto plants and other plants -- many other plants," Trump told reporters at the meeting. “We’re going to make the process much more simple for the oil companies and everybody else that wants to do business in the United States.”

    During the meeting, Trump told the CEOs that he plans on cutting corporate tax rates to 15-20 percent, and reduce regulations by 75 percent.

    “We think we can cut regulations by 75 percent. Maybe more. When you want to expand your plant, or when Mark wants to come in and build a big massive plant, or when Dell wants to come in and do something monstrous and special -- you’re going to have your approvals really fast,” said Trump. 

    One regulation that is likely going to be shown the door are the EPA's 2025 fuel economy regulations which were set in stone during the final days of President Obama's tenure. Automakers have been asking President Trump to rethink the aggressive mandates set by the agency.

    “I am, to a large extent, an environmentalist. I believe in it. But, it’s out of control,” said Trump.

    After the meeting, Ford CEO Mark Fields seemed the most upbeat when speaking to reporters.

     "As an industry we're excited about working together with the president," said Fields.

    GM CEO Mary Barra said she sees a “huge opportunity” with working with the president to “improve the environment, improve safety and improve job creation.” FCA CEO Sergio Marchionne was less enthused than the other two, stating the meeting was a positive one.

    Source: Automotive News (Subscription Required), Detroit Free Press

    User Feedback

    Recommended Comments

    First Sergio is a CHUMP and an IDIOT!

    Second, Ford is way too happy and ignoring the fact that 2025 is not going to really change and the latest just published on CARBS own web site for what they want by 2030 will make repealing the EPA 2025 mandates hard.

    https://www.arb.ca.gov/newsrel/newsrelease.php?id=891

    Mary seems to take the best tone of working with the POTUS. I think she knows that rolling back CAFE is not really going to happen.

    Interesting times we live in.

    • Agree 1
    Link to comment
    Share on other sites

    Well we have to take this all into context.

    #1 the MFG's are not going to make the 2025 numbers. Yes they will continue to improve but the numbers were never realistic. The growth of the EV is much slower than anticipated and it will not be there to prop up the numbers enough.

    #2 The MFG also are in a global market so even if there are roll backs it may be for CAFE at best as they still have to meet other global regulations that are out there as well as California and the states that share the CARB numbers.

    #3 At least for once in along time the Automakers have someone that is actually willing to work with them and not someone dictating to them  what they will and will not do with any consideration to the business side of the deal.

    This is how things should work where companies and government should come together and talk. They should work together in the best interest of the country and not drive agenda to where it become a burden on the economy. This has been what has been missing. No not every one will be happy as some will not get their ways all the time but you are going to have that. But in the end we will still improve the environment, we will improve the economy and we will improve the country for all.

    There is room for both sides here as you can grow an economy with out killing it with extreme regulations.

    As for the threats of taxes for imports and such. Trumps way to deal is make a big threat and work your way to a deal in the middle. The mans history is all about making deals and getting the best compromise for each side. It is his passion and drive to do deals. That is what we will see here. In the end everyone will own part of the solution and in the end everyone will feel like they won and the economy will be better off for it.

    This is no different than bartering at a flea market.

    • Agree 2
    Link to comment
    Share on other sites

    12 hours ago, dfelt said:

    First Sergio is a CHUMP and an IDIOT!

    Second, Ford is way too happy and ignoring the fact that 2025 is not going to really change and the latest just published on CARBS own web site for what they want by 2030 will make repealing the EPA 2025 mandates.

    https://www.arb.ca.gov/newsrel/newsrelease.php?id=891

    Mary seems to take the best tone of working with the POTUS. I think she knows that rolling back CAFE is not really going to happen.

    Interesting times we live in.

    Yes he is and I can think of some other things to call him.

    As for Mary and the others. They are not expecting a total roll back. All they are asking for is more time as they just do not have the technology to meet the numbers in 2025 yet and still have products people will want or can afford.

    All Auto MFG will love a bit of additional time and for the slow growth EV market to improve in sales and technology along with lower pricing.

    EV is key as if they can grow this with better products acceptable to more people and better technology this will help off set the other cars. But we are not there nor will we will be there unless there is some big breakthrough.

    I am still trying to turn water into wine I saw it done once.

    Link to comment
    Share on other sites

    cutting 75% of regulations = under-paid, overworked autoworkers will shower with bottled water while their neighbours will barely be able to afford new cars without signing convoluted predatory bank-friendly leases.

    • Disagree 1
    Link to comment
    Share on other sites

    17 minutes ago, FAPTurbo said:

    cutting 75% of regulations = under-paid, overworked autoworkers will shower with bottled water while their neighbours will barely be able to afford new cars without signing convoluted predatory bank-friendly leases.

    Fap, I found your sole mate!

    Fap-Fap_c_144002.jpg

    :roflmao: 

    • Agree 2
    Link to comment
    Share on other sites



    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.


  • google-news-icon.png



  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • Those that cannot accept a multi-cultural world and immigration deserve to lose everything. I will stay professional, but believe that our North American Economy is about to get far worse over the long term than it is now. It is amazing how people do not seem to realize that the first two years of a new president is dealing with the ramifications of the last president. The high inflation was due to the failed policies of those before. We now have low unemployment and a strong economy. Will be interesting to see how it ends.
    • I say, let it get worse.  The people have spoken and this is what the MAJORITY voted for.  He even got the popular vote.  Therefore the people of America have spoken.   This is what they want.  This is what they feel comfortable with.   But I dont want to hear ANY whining from ANYBODY about what possibly may happen with him Him in power.  Fool me once,  shame on you!  Fool me twice, shame on me?   Technically this is how that saying goes.  But you never know. Maybe it really IS the lefty libtards that are the problem.   Hopefully it IS the lefty libtards that are the problem and the Messiah Trump will BE the solution to ALL of our problems.   I will be the first one to apologize if He actually does fix America's and Canada's problems.  And unite ALL of the world and the world gets to sing Kumbaya ALL in unison. Hopefully He is the next coming of Christ.   Keeping my fingers crossed but I aint holding my breath if you know what I mean.   
    • @oldshurst442 This pretty much sums up just how bad it is going to get. Trump's economic plans would worsen inflation, experts say | AP News
    • Not just iPhones... He tariffed Canadian wood the first time around as Pres and the prices of wood skyrocketed so American home builders bought American wood which was and is more expensive than Canadian wood.  I guess that is good for American wood producers. But for the fact that house prices also skyrocketed.  And considering that Canada and US have a more or less good trading thing going on...so not that good.  Not for the US and not good for Canada.  But Donald thinks otherwise. And all the folk that voted for him this time around think that the economy will get better?  I hope so for their sake. But Elon and Jeff B's billions rose quite a bit upon the announcement of his re-election.  I wonder if those  people that voted for him, I wonder if their wealth also rose instantly?    You poor bastards... You have no idea what is coming to you... (those that voted for him.  With the excemption of the rich of course)     Donnie Rides Again
  • Who's Online (See full list)

    • There are no registered users currently online
  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search