Trump, Automakers Face New Pressure Not to Ease Mileage Rules
by Ryan Beene and Jennifer A. Dlouhy on January 23, 2020 at 4:45 pm
Environmentalists and consumer advocacy groups are castigating automakers for supporting the Trump administration’s effort to relax fuel economy standards, amid fresh warnings from a Democratic leader that the plan won’t deliver promised safety benefits and will raise costs for consumers.
Democrats Urge Extension of Public Comment Period on NEPA Update
by Eugene Mulero on January 23, 2020 at 4:45 pm
The Trump administration’s proposal to streamline the environmental permitting process for infrastructure projects deserves a comment period of at least half a year, more than 100 congressional Democrats insisted in a recent letter to the Council on Environmental Quality.
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
by Gabrielle Coppola on January 23, 2020 at 4:30 pm
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
GM to Spend $3.5B in Michigan Under Revised Tax Credit Deal
by David Eggert on January 23, 2020 at 3:00 pm
Michigan on Jan. 22 agreed to revise decadelong tax breaks for General Motors in exchange for the company’s commitment to spend at least $3.5 billion more over 10 years.
Moody’s Lowers Toyota Credit Outlook on Industry Challenges
by Ville Heiskanen on January 23, 2020 at 2:15 pm
Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry.