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DOJ opens a new case investigating the latest Trump embarrassment
Posted by: hal
Date: September 06, 2019 01:38PM
[www.nytimes.com]

The Justice Department has opened an antitrust inquiry into the four major automakers that struck a deal with California this year to reduce automobile emissions, according to people familiar with the matter, escalating a standoff between President Trump, California and the auto industry over one of his most significant rollbacks of climate regulations.

The Trump administration is moving to drastically roll back Obama-era rules designed to reduce car emissions that contribute to global warming, an effort major automakers have publicly opposed. The administration is also considering a plan to revoke California’s legal authority to enforce stricter greenhouse gas emissions rules within its state borders, putting the two sides on a collision course.

In July, four automakers — Ford Motor Company, Volkswagen of America, Honda and BMW — announced that they had reached an agreement with California to stick with standards slightly less stringent than the Obama-era rules but that would nevertheless require automakers to significantly improve the fuel economy of their vehicles. The announcement came as an embarrassment for the Trump administration, which assailed the move as a “P.R. stunt.”


HAHAHAHA the Trump admin complaining about PR stunts hahahahaha!
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: mattkime
Date: September 06, 2019 01:50PM
So...would the automakers be forgiven if they just agreed to burn more oil?



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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: NewtonMP2100
Date: September 06, 2019 02:25PM
....so oils well.....that ends well.....??



____________________________________________________

I reject your reality and substitute my own!
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: Acer
Date: September 06, 2019 02:34PM
You are still free to buy a polluting Toyota, GM or Hyundai.
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: Lux Interior
Date: September 06, 2019 02:45PM
Before you finished typing that headline, the "latest" embarrassment was updated.
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: cbelt3
Date: September 06, 2019 03:27PM
Quote
mattkime
So...would the automakers be forgiven if they just agreed to burn more oil?
Just "Roll Coal" !
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: mattkime
Date: September 06, 2019 04:37PM
Quote
cbelt3
Quote
mattkime
So...would the automakers be forgiven if they just agreed to burn more oil?
Just "Roll Coal" !

audi wagon version???
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: Speedy
Date: September 06, 2019 09:00PM
[www.reuters.com]

Carmakers’ antitrust probe is more smoke than fire

NEW YORK (Reuters Breakingviews) - Carmakers have the upper hand in a brewing fight with the U.S. Department of Justice over emissions standards. The watchdog is investigating whether a deal BMW, Ford Motor, Honda Motor and Volkswagen inked with California to cut pollution breaches antitrust rules. When rivals agree on something, there’s always room for scrutiny. In this case, it’s hard to see how their plans would leave consumers worse off.

A look at automakers’ earnings shows competition is thriving. It’s cause for celebration whenever Ford and General Motors manage to make a pre-tax profit margin of 10% in the Unites States. That creates plenty of incentive to cut costs and increase revenue. Achieving the former is best done with joint ventures and mergers, while the latter stems from offering buyers better performance and gadgets than they might get elsewhere.

The fear is that big car producers could decide to offer only greener versions because they cost customers more. But even if that happens, consumers have plenty of other carmakers to choose from, including two of the top-three sellers in the United States, GM and Toyota Motor, which are not part of the California agreement. Besides which, the California four cater to different consumers. Ford’s biggest seller is the F-150 truck and it’s pulling out of the smaller-car segment that Honda still plays in. BMW is all about luxury cars. And Volkswagen is a small U.S. player.

But the agreement the four manufacturers struck with California in July also ties them to providing better fuel efficiency, which means that, all else being equal, drivers buy less gas. The fleetwide 2026 target of 47 miles per gallon they signed up for is 10 miles per gallon more efficient than an alternative standard proposed by the White House. That will reduce the average driver’s annual fuel bill by $200, based on the mean 13,500 miles driven per vehicle per year.

The DOJ could perhaps take issue with some of the preferential treatment California is offering, such as faster approvals for more fuel-efficient designs. But the agreement’s main offense is that it interferes with the White House’s desire to enforce lower emissions standards. The DOJ has a duty to make sure companies don’t collude to the detriment of their customers. In this case, the probe looks to be more smoke than fire.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: DOJ opens a new case investigating the latest Trump embarrassment
Posted by: bfd
Date: September 08, 2019 12:56PM
Quote
Speedy
The DOJ has a duty to make sure companies don’t collude to the detriment of their customers.

Then they really ought to be taking a much harder look at Don Trumpo and his Organization
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