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Found 6 results

  1. With President Donald Trump tweeting last Friday threating a 20 percent tariff on all imports of European Union assembled cars, the EU has responded by saying it would raise their tariffs on imports of U.S.-built vehicles. “If they decide to raise their import tariffs, we’ll have no choice, again, but to react,” said EU Commission Vice President Jyrki Katainen. “We don’t want to fight (over trade) in public via Twitter. We should end the escalation.” This comes a month after the Trump administration announced an investigation into new car imports on the grounds of national security. U.S. Commerce Secretary Wilbur Ross said late last week the department is expected to wrap up their investigation by late July or August. A number of groups have condemned the investigation and threat of tariffs, one saying that it is “confident that vehicle imports do not pose a national security risk.” Diamler AG announced last week full-year earnings will be slightly lower than last year because of the threat of tariffs. Source: Reuters View full article
  2. With President Donald Trump tweeting last Friday threating a 20 percent tariff on all imports of European Union assembled cars, the EU has responded by saying it would raise their tariffs on imports of U.S.-built vehicles. “If they decide to raise their import tariffs, we’ll have no choice, again, but to react,” said EU Commission Vice President Jyrki Katainen. “We don’t want to fight (over trade) in public via Twitter. We should end the escalation.” This comes a month after the Trump administration announced an investigation into new car imports on the grounds of national security. U.S. Commerce Secretary Wilbur Ross said late last week the department is expected to wrap up their investigation by late July or August. A number of groups have condemned the investigation and threat of tariffs, one saying that it is “confident that vehicle imports do not pose a national security risk.” Diamler AG announced last week full-year earnings will be slightly lower than last year because of the threat of tariffs. Source: Reuters
  3. Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have any direct authority over the EU. However, Forbes points out that Germany has the largest government and most powerful economy in the EU. This means any legislation that goes through Germany will in turn influence the EU. In the resolution, the Bundesrat requests the EU to "review the current practices of taxation and dues with regard to a stimulation of emission-free mobility." Forbes notes this would include possibly scrapping the lower taxes a number of member states employ for diesel. Higher taxes would likely cause people to avoid diesel vehicles. Source: Der Spiegel, Forbes
  4. Members of Germany's government have passed a resolution that could mean the end of gas and diesel vehicles. German newspaper Der Spiegel reports that the Germany's legislative body, the Bundesrat (represents all sixteen states in the country) passed a resolution to ban the sale of gas and diesel engines in 2030. After that, only zero-emission vehicles will be allowed to be built. The resolution also calls on the European Union to follow in their footsteps. But the Bundesrat doesn't have any direct authority over the EU. However, Forbes points out that Germany has the largest government and most powerful economy in the EU. This means any legislation that goes through Germany will in turn influence the EU. In the resolution, the Bundesrat requests the EU to "review the current practices of taxation and dues with regard to a stimulation of emission-free mobility." Forbes notes this would include possibly scrapping the lower taxes a number of member states employ for diesel. Higher taxes would likely cause people to avoid diesel vehicles. Source: Der Spiegel, Forbes View full article
  5. After Volkswagen admitted that it used software to vary the amount of emissions being produced in their diesel vehicles, Volkswagen is using a legal loophole to provide a defense in Europe. In a letter sent last week to European regulators, Volkswagen Group Managing Director Paul Willis said that the company's cheat software might not be illegal under current European Union regulations. Crazy as might sound, there is a loophole that allows this. The New York Times reports that the European regulations have a massive loophole that could put Volkswagen in the clear. In fact, regulators knew about this loophole back in 2011. We'll let the New York Times explain the loophole. "The loophole lets carmakers change the performance settings of their engines before a pollution test. “A manufacturer could specify a special setting that is not normally used for everyday driving,” British regulators warned, according to minutes of a 2011 meeting in Geneva of officials across the region." Willis points this out in his letter, stating the automaker is considering "whether the software in question officially constituted a defeat device." Now this is only a small part of a number of problems with how Europe regulates how vehicles. Automakers can submit to testing in any of the 28 member states of EU and have those results recognized across the EU. Also, automakers can submit pre-production models and do various tweaks such as removing seats and taping up gaps for emission tests. "What we have developed is a phony system of testing where the member states [of the European Union] are in competition with each other for who can make it the most easy for the car manufacturers to pass the test," said Gerben-Jan Gerbrandy, a Dutch member of the European Parliament. Now the EU has the final say as to whether or not Volkswagen's cheating software is actually illegal or not. Lucia Caudet, a spokeswoman for the European Commission tells the Times that the governing body has "no formal view on whether” the software in question counts as "a 'defeat device' in the EU legal sense or not." We'll keep you updated on this. Source: New York Times Wills' letter is below. View full article
  6. After Volkswagen admitted that it used software to vary the amount of emissions being produced in their diesel vehicles, Volkswagen is using a legal loophole to provide a defense in Europe. In a letter sent last week to European regulators, Volkswagen Group Managing Director Paul Willis said that the company's cheat software might not be illegal under current European Union regulations. Crazy as might sound, there is a loophole that allows this. The New York Times reports that the European regulations have a massive loophole that could put Volkswagen in the clear. In fact, regulators knew about this loophole back in 2011. We'll let the New York Times explain the loophole. "The loophole lets carmakers change the performance settings of their engines before a pollution test. “A manufacturer could specify a special setting that is not normally used for everyday driving,” British regulators warned, according to minutes of a 2011 meeting in Geneva of officials across the region." Willis points this out in his letter, stating the automaker is considering "whether the software in question officially constituted a defeat device." Now this is only a small part of a number of problems with how Europe regulates how vehicles. Automakers can submit to testing in any of the 28 member states of EU and have those results recognized across the EU. Also, automakers can submit pre-production models and do various tweaks such as removing seats and taping up gaps for emission tests. "What we have developed is a phony system of testing where the member states [of the European Union] are in competition with each other for who can make it the most easy for the car manufacturers to pass the test," said Gerben-Jan Gerbrandy, a Dutch member of the European Parliament. Now the EU has the final say as to whether or not Volkswagen's cheating software is actually illegal or not. Lucia Caudet, a spokeswoman for the European Commission tells the Times that the governing body has "no formal view on whether” the software in question counts as "a 'defeat device' in the EU legal sense or not." We'll keep you updated on this. Source: New York Times Wills' letter is below.

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