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The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1075: Today we're talking CarMax's record-setting quarter, Congress clashing over EV tax credits, and Honda's surprising success in rocket science. Yep, you read that right—Honda landed a rocket.Show Notes with links:CarMax's latest quarterly results are in—and they're cruising past analyst expectations with strong used vehicle sales, revenue growth, and record-breaking profit per unit.Q1 net income jumped 38% to $210.4 million, while revenue rose to $7.5 billion, up 6.1% year-over-year.Used retail vehicle sales hit 230,210 units, a 9% increase and gross profit per unit hit a record $2,407.Same-store sales were up 8.1%, marking the fourth consecutive positive quarter.“These results highlight the strength of our earnings growth model… and our sharp focus on execution.” — CarMax CEO Bill NashPresident Trump's proposed budget is taking aim at federal EV tax credits, with House and Senate Republicans offering two versions of how—and how fast—they should end. The result could drastically shift EV affordability and consumer interest.The House plan ends credits in 2026 for smaller brands but cuts off top sellers like Tesla and GM this year.Automakers under the 200,000-vehicle cap—like Rivian, Honda, and Lucid—would still benefit temporarily.The Senate version is more aggressive, ending all credits within 180 days and leasing perks immediately.EV leaders warn of market disruption; some predict a sales dip once credits vanish.“They're really trying to put a stake in the heart of EV subsidies,” said Mike Murphy, CEO of the American EV Jobs Alliance.In a move beyond automobiles, Honda has successfully launched and landed a reusable rocket as part of its R&D efforts to enter the space industry and support future satellite demand.The rocket hit 890 feet before landing within 14in of its target at a Japan test site.Honda leveraged tech from its automated driving systems for flight and landing.The launch took place in Taiki Town, a growing hub for aerospace development in Japan.The 21-foot, 2,800-pound rocket flew for just under a minute on retractable legs.“Honda will continue making progress... with a technology development goal of realizing a suborbital launch by 2029,” the company statedJoin Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
A new automaker is looking to bring a splash of French panache to Canada's EV market. You know the economy's in a weird place when Beyonce tickets and late-night DoorDash orders are getting financed like mortgages.
TOPIC: Supplier Relationships PANEL: Dave Andrea, Plante Moran; Lindsay Brooke, Industry Expert; Gary Vasilash, shinymetalboxes.net; John McElroy, Autoline.tv
As global trade tensions mount and supply chain risks rise, automakers are doubling down on U.S. production. This episode dives into how companies like Hyundai are investing billions in new EV and battery facilities, the role of smart factory automation, and the broader impact on jobs, suppliers, and local communities. Based on a artcile from The Future of Commerce, we break down the real economic footprint of auto manufacturing—from Alabama to Arizona—and ask what this means for workers, competitiveness, and the future of work itself.What You'll Learn in This Episode:Why Hyundai's $21B expansion is a game-changer for U.S. manufacturingHow rural communities are benefiting from the supplier ecosystemThe role of AI, robotics, and smart factory design in modern auto plantsWhy tariffs and trade uncertainty are pushing OEMs to localizeThe UAW's case for activating idle domestic capacity over building newHow collaboration and vertical integration are accelerating productionKey Takeaways:Hyundai's Georgia Metaplant is part of a broader nationwide strategy to produce 1.2M vehicles annually in the U.S.Smart factories use AI and automation to double production speed while enabling precision manufacturing.Tier 1 suppliers are following OEMs into rural regions, generating local jobs and GDP growth.Trade policy uncertainty is motivating faster reshoring of production to mitigate tariff risks.The UAW argues that existing U.S. plants can fill the production gap without new construction.Sustainability and community investment are increasingly tied to auto industry expansion.Subscribe to our podcast for expert insights on supply chains, manufacturing innovation, and labor policy. Visit The Future of Commerce for the latest research on how global trends are reshaping U.S. industry. Share this episode with manufacturing leaders, policy analysts, and anyone tracking the future of American industry.
WWJ auto analyst John McElroy reports GM, Ford and Stellantis could save billions every year if they combined their engine and transmission business into a separate company.
June 10, 2025 ~ Bloomberg Auto Business reporter Keith Naughton talks with Chris and Lloyd about automakers implementing stealth price increases, like decreasing incentives and raising destination charges, to offset tariff costs without significantly changes sticker prices.
- U.S. Suppliers Get Rare Earth Reprieve from China - China to Continue Rare Earths To EU - U.S. Auto Imports Plummet in May - China EV Exports Up 19% This Year - Should U.S. Automakers Get Out of China? - Cadillac Unveils Optiq-V - Ram Gets Back in NASCAR - VinFast Bleeds More Red Ink - Marelli Could File for Chapter 11 - Autoline Poll Results
- U.S. Suppliers Get Rare Earth Reprieve from China - China to Continue Rare Earths To EU - U.S. Auto Imports Plummet in May - China EV Exports Up 19% This Year - Should U.S. Automakers Get Out of China? - Cadillac Unveils Optiq-V - Ram Gets Back in NASCAR - VinFast Bleeds More Red Ink - Marelli Could File for Chapter 11 - Autoline Poll Results
Kenny Wallace discusses RAM reportedly coming back to NASCAR & the truck series.#nascar #racing #kennywallace #ramBrought to you by JEGS! Click here: http://jegs.ork2.net/rQ9Oy5Use Promo Code DEALS To Save Up To 50% OFF Sitewide! ***thumbnail photos by Josh James & courtesy of Eldora Speedway & Mike CampbellShop Doorbusters, Stackable Savings & 1,000's of Deals at JEGS!JEGS has been in business since 1960.Racers selling to racers.Focusing on American Muscle – but also big product line of automotive tools, garage gear & other performance parts.JEGS is well established with racers of all kinds, including the NHRA, bracket racing, circle track & more!Free shipping on orders over $199.Unrivaled expertise from techs.
The auto industry's powerful trade group is publicly silent about Republicans' megabill because of internal divisions, even as the Senate considers major rollbacks to a number of tax credits benefiting the industry that have prompted billions of dollars in investments. POLITICO's James Bikales breaks down why the lobbying group hasn't taken a public position and where the Senate stands on those credits. Plus, Americans' support for expanding renewable energy is dropping under the second Trump administration, according to a new report released from the nonpartisan Pew Research Center. James Bikales is a reporter for POLITICO. Nirmal Mulaikal is the co-host and producer of POLITICO Energy. Alex Keeney is a senior audio producer at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices
Opeens barstte de bom. Elon Musk was het zo zat dat zijn voormalige vriend Donald Trump zijn Big Beautiful Bill wilde doorvoeren, dat hij niet langer stil kon blijven zitten. Na een week aan boze berichten op X gaat Musk echt in de aanval nadat Trump zegt dat ze geen goede vrienden meer zijn. Trump zou volgens Musk in de Epstein-files staan. Daarmee maakt hij Trump de facto uit als pedofiel. Trump dreigt vervolgens om miljarden dollars aan contracten met de bedrijven van Musk te schrappen. En in reactie daarop verliest Tesla zo'n 150 miljard dollar aan beurswaarde. Wie van de twee lijdt er het meest onder deze ruzie? En ga jij er ook nog wat van voelen? Dat hoor je in deze aflevering. En dan hebben we het ook over de Amerikaanse economie. Eerder deze week schrokken beleggers van cijfers over het aantal vacatures. Onnodige zorgen, blijkt uit een nieuw rapport. Want groei van de economie remt veel minder hard af dan gedacht. Verder leer je iets over de wereld van rook- en knakworsten. De verkoop van Unox gaat namelijk minder soepel dan Unilever had gehoopt. De Autoriteit Consument en Markt wil eerst onderzoeken of de nieuwe koper niet te machtig wordt. En we vertellen je wat Toyota en Hello Kitty met elkaar te maken hebben.See omnystudio.com/listener for privacy information.
Opeens barstte de bom. Elon Musk was het zo zat dat zijn voormalige vriend Donald Trump zijn Big Beautiful Bill wilde doorvoeren, dat hij niet langer stil kon blijven zitten. Na een week aan boze berichten op X gaat Musk echt in de aanval nadat Trump zegt dat ze geen goede vrienden meer zijn. Trump zou volgens Musk in de Epstein-files staan. Daarmee maakt hij Trump de facto uit als pedofiel. Trump dreigt vervolgens om miljarden dollars aan contracten met de bedrijven van Musk te schrappen. En in reactie daarop verliest Tesla zo'n 150 miljard dollar aan beurswaarde. Wie van de twee lijdt er het meest onder deze ruzie? En ga jij er ook nog wat van voelen? Dat hoor je in deze aflevering. En dan hebben we het ook over de Amerikaanse economie. Eerder deze week schrokken beleggers van cijfers over het aantal vacatures. Onnodige zorgen, blijkt uit een nieuw rapport. Want groei van de economie remt veel minder hard af dan gedacht. Verder leer je iets over de wereld van rook- en knakworsten. De verkoop van Unox gaat namelijk minder soepel dan Unilever had gehoopt. De Autoriteit Consument en Markt wil eerst onderzoeken of de nieuwe koper niet te machtig wordt. En we vertellen je wat Toyota en Hello Kitty met elkaar te maken hebben.See omnystudio.com/listener for privacy information.
June 5, 2025 ~ MichAuto Executive Director Glenn Stevens joins Chris and Jamie to discuss the new tariffs on steel and aluminum causing uncertainty and potential instability for the auto industry as automakers are concerned about increased costs.
June 5, 2025 ~ Automakers are working to respond to China's rare earth metals. Keith Naughton, Car business reporter for Bloomberg Business, joins Kevin to discuss how much this works.
Chuck Zodda and Marc Fandetti discuss Trump saying China's Xi is 'extremely hard to make a deal with' and why that matters. How can the US resolve its trade deficits? Automakers race to find a workaround to China's stranglehold on rare-earth magnets. Todd Lutsky joins the show for his weekly segment, Ask Todd. This week Todd explores irrevocable medicaid trusts.
130 dagen mocht Elon Musk vertoeven in de aanbouw van het Witte Huis. Met zijn Department of Government Efficiency hakte hij in het personeelsbestand en de contracten van de overheid. Maar Democratische senator Elizabeth Warren heeft een rapport op laten stellen, en voor elke dag die Musk aan het werk was uitgezocht hoe hij iets in zijn eigen voordeel kon laten werken. Het Witte Huis gebruiken als Tesla-showroom, zijn SpaceX aan contracten van miljarden dollars helpen, de handelsminister schaamteloos het aandeel Tesla laten promoten: niks was te gek. De volledige lijst hoor je in deze aflevering. Verder kom je te weten waarom de complete autosector op z'n gat dreigt te komen liggen. In reactie op Donald Trumps' importheffingen heeft China namelijk verregaande exportrestricties opgelegd op zeldzame aardmetalen en magneten. Restricties waar ook Europa mee te maken krijgt. En dat kan nog wel eens voor een bizarre wending in de handelsoorlog gaan zorgen. Want de oplossing voor dat probleem zou kunnen zijn dat autobouwers hun productie verplaatsen naar... China. Dat land steekt trouwens de middelvinger op naar de VS. Trump regelde een enorme deal voor 'Amerika's beste vliegtuigbouwer', Boeing. China helpt de concurrentie juist een handje en maakt een plan voor een bestelling van honderden vliegtuigen bij Airbus. En we vertellen je wat er in de mail stond die Luuk Holtappels en Mike Mulders van hun baas Bob Homan kregen. Hint: ze moeten gaan vechten voor een plekje in de parkeergarage van ING.See omnystudio.com/listener for privacy information.
130 dagen mocht Elon Musk vertoeven in de aanbouw van het Witte Huis. Met zijn Department of Government Efficiency hakte hij in het personeelsbestand en de contracten van de overheid. Maar Democratische senator Elizabeth Warren heeft een rapport op laten stellen, en voor elke dag die Musk aan het werk was uitgezocht hoe hij iets in zijn eigen voordeel kon laten werken. Het Witte Huis gebruiken als Tesla-showroom, zijn SpaceX aan contracten van miljarden dollars helpen, de handelsminister schaamteloos het aandeel Tesla laten promoten: niks was te gek. De volledige lijst hoor je in deze aflevering. Verder kom je te weten waarom de complete autosector op z'n gat dreigt te komen liggen. In reactie op Donald Trumps' importheffingen heeft China namelijk verregaande exportrestricties opgelegd op zeldzame aardmetalen en magneten. Restricties waar ook Europa mee te maken krijgt. En dat kan nog wel eens voor een bizarre wending in de handelsoorlog gaan zorgen. Want de oplossing voor dat probleem zou kunnen zijn dat autobouwers hun productie verplaatsen naar... China. Dat land steekt trouwens de middelvinger op naar de VS. Trump regelde een enorme deal voor 'Amerika's beste vliegtuigbouwer', Boeing. China helpt de concurrentie juist een handje en maakt een plan voor een bestelling van honderden vliegtuigen bij Airbus. En we vertellen je wat er in de mail stond die Luuk Holtappels en Mike Mulders van hun baas Bob Homan kregen. Hint: ze moeten gaan vechten voor een plekje in de parkeergarage van ING.See omnystudio.com/listener for privacy information.
WWJ auto analyst John McElroy reports tariffs on cars and components could lead Canada to welcome Chinese automakers into the country.
- German Automakers Expect U.S. Tariff Relief - Rare Earth Restrictions Could Stop India Car Prodcution - Foxconn Announcing New Japanese Partner Soon - Chevy Leaving the Chinese Market - Tesla Starts Human-Less Test Drives - Toyota On Track to Meet Its EV Goals - 1st EV Gets CATL's Swappable Battery - Samsung and LG to Make LFP Batteries for GM
- German Automakers Expect U.S. Tariff Relief - Rare Earth Restrictions Could Stop India Car Prodcution - Foxconn Announcing New Japanese Partner Soon - Chevy Leaving the Chinese Market - Tesla Starts Human-Less Test Drives - Toyota On Track to Meet Its EV Goals - 1st EV Gets CATL's Swappable Battery - Samsung and LG to Make LFP Batteries for GM
BNR Beurs is een beetje een sportprogramma geworden. We doen namelijk verslag van alle transfers. Daar kwam geen einde aan. De belangrijkste is die van Christine Lagarde. Zij zou de gedoodverfde opvolger van Klaus Schwab zijn als baas van het World Economic Forum. Maar daarvoor moet ze wel eerst haar positie als voorzitter van de ECB opgeven. Dat zou niet gebeuren, werd al gezegd. Maar volgens Schwab zelf zijn er toch al gesprekken geweest met haar. Er is zelfs al een woning voor haar geregeld in Zwitserland. Kan de ECB zich maar beter klaarmaken voor de zoektocht naar een opvolger? En wat betekent het voor het beleid van de centrale bank? Die vragen beantwoorden we deze uitzending. Dan hebben we het ook over de andere centrale bankier die opvolging zoekt. Hier in Nederland zelfs. Klaas Knot heeft namelijk nog maar een maand te gaan voor zijn termijn afloopt en hij moet stoppen als baas van De Nederlandsche Bank. Maar het blijkt behoorlijk lastig om vervanging te vinden. En dat leidt tot zorgen bij DNB en in de financiële sector. Verder zijn er nog een hoop andere transfers die wél al zeker zijn. Ook daar brengen we verslag over uit. En we brengen goed nieuws! Want sommige analisten durven eindelijk weer positief naar de toekomst te kijken. De grootste onrust op de beurzen is verleden tijd, zeggen ze. En het ene na het andere bedrijf besluit opeens groots in Bitcoin te investeren. Het mediabedrijf van Trump ging al om, en nu wil ook gamewinkel GameStop opeens honderden miljoenen erin steken. Die bedrijven hebben een loophole gevonden waarmee ze praktisch geld kunnen printen. Maar is dat misschien toch te mooi om waar te zijn?See omnystudio.com/listener for privacy information.
Today on CarEdge Live, Ray and Zach discuss the latest news from various automakers and highlight why some manufacturers are struggling and might go out of business. Tune in to learn more!
Another Canada Post strike is looming; is it time for them to change their business model? Should we be taking the dream of Canadian automakers seriously? We hear from Flavio Volpe, president at Automotive Parts Manufactures' Association. And what is the 'Golden Dome' and how will it work? Learn more about your ad choices. Visit megaphone.fm/adchoices
Is it time to finally take the dream of a Canadian automaker seriously? Learn more about your ad choices. Visit megaphone.fm/adchoices
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1047: Kia's veteran apprenticeship program is creating certified techs and stronger stores, while “American-made” is a lot harder to accomplish than it sounds. Plus, OpenAI is taking on software engineering with a new update.Show Notes with links:Kia America's Veterans Technician Apprenticeship Program is helping dealers find, train, and retain top-tier tech talent by giving veterans a fast path to certification—and the results are showing up in the service drive.Launched in 2023, the program combines mentorship, on-the-job training, and a 30-day certification bootcamp.Approved by the DOL and VA, it offers tax credits and GI Bill stipends to offset dealer costs.462 Kia dealerships have enrolled; 278 veterans—including 16 women—have been hired so far.Participating stores report higher appointment volume, productivity, and lower tech turnover.Speaking about program graduate Caleb Samsel, Anthony Catalanotto of Generation Auto Group said “He's a leader. He says the right things. He does the right things. He's always in his uniform. He's always working hard. If someone can't figure something out, he's right with them.”Despite political pressure and patriotic branding, building a truly American-made vehicle is still more fantasy than factory reality. Ford's latest Expedition highlights just how global even U.S.-assembled vehicles remain.The Expedition is assembled in Kentucky, but only 58% of its parts are North American, with key components like engines and semiconductors still coming from overseas.Automakers say sourcing 90% U.S. content could raise vehicle prices $10K–$20K, pricing out many buyers.Past vehicles reached 90%+ U.S./Canada content; today's tech and globalization make that rare.“We can move everything to the U.S., but if every Ford is $50,000, we're not going to win,” said Ford CEO Jim Farley.OpenAI is expanding its capabilities in one of AI's most competitive frontiers: software engineering. Its new Codex agent is designed to handle complex coding tasks autonomously and at scale.Codex performs tasks like writing code, fixing bugs, running tests, and reviewing codebases.Built on the new codex-1 model, optimized from OpenAI's o3 reasoning architecture.Available to ChatGPT Pro, Team, and Enterprise users during a research preview.Competitors like Anthropic's Sonnet models still lead developer adoption, but the field is evolving quickly.“It is a fundamentally new way of working,” said OpenAI VP of Engineering Srinivas Narayanan.Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Marsha Collier & Marc Cohen Techradio by Computer and Technology Radio / wsRadio
New directions for Airbnb; Spotify drug ads; TikTok Challenge: Set Chromebooks on fire; Automakers ditching Screens for old school buttons; Apple and Samsung both make design move; The flying car is here; New book from Niall Harbison benefits the rescue work at happydoggo.com; Streaming
- Tariffs Will Cost Japanese Automakers Billions - JLR Won't Build Its Own Models in China Anymore - Ram Delays All-Electric Truck Again - Rivian Reduces EV Motor Complexity - Toyota Reveals All-New EV - BYD Dethrones Toyota in Singapore - Xiaomi Sales Continue to Slide
- Tariffs Will Cost Japanese Automakers Billions - JLR Won't Build Its Own Models in China Anymore - Ram Delays All-Electric Truck Again - Rivian Reduces EV Motor Complexity - Toyota Reveals All-New EV - BYD Dethrones Toyota in Singapore - Xiaomi Sales Continue to Slide
AP correspondent Charles de Ledesma reports Nissan says it will cut about 15% of its global work force, or roughly 20,000 employees, by fiscal 2027.
May 13, 2025 ~ Detroit automakers are responding publicly to trade policies, urging the White House to prioritize Mexico and Canada in trade negotiations. Keith Naughton, Bloomberg auto business reporter, talks with Lloyd, Jamie, and Chris Renwick about the Detroit Big 3's financial hits due to tariffs and worries of prioritizing Asian or European trade.
WWJ auto analyst John McElroy says he would do away with lane keep assist feature on cars.
Kevin talks about his and his wife's visit, on Derby Day, to the historic Rookwood Pottery factory and later a visit to the Newport Casino to place some bets on the featured Derby race. On Friday, the Bureau of Labor Statistics released the April Jobs Report; Kevin has the details, sifts through the data, puts it into historic perspective and offers his insights. Automakers report April sales data: who's up who's down? The German Federal Statistics Office released that country's Gross Domestic Product (GDP) and consumer inflation data; Kevin has the information, offers his insights and how that affects the U.S. economy. Kevin explains how OPEC+'s crude oil production increases, geopolitical events and crude oil inventories are affecting oil and gas prices.
Automakers are rediscovering the benefits of control knobs and buttons for their cars. Waymo plans to add 2000 more robotaxis in 2026. Google launches a new film and TV production initiative, called 100 Zeros. We examine why they aren't tasked with making movies or TV shows for YouTube or other Google outlets. And is over reliance on ChatBots for self-help a recipe for disaster. Starring Sarah Lane, Tom Merritt, Jenn Cutter, Roger Chang, Joe. To read the show notes in a separate page click here! Support the show on Patreon by becoming a supporter!
Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms: ➤ Apple: https://EVne.ws/apple ➤ YouTube Music: https://EVne.ws/youtubemusic ➤ Spotify: https://EVne.ws/spotify ➤ TuneIn: https://EVne.ws/tunein ➤ iHeart: https://EVne.ws/iheart CITROËN LAUNCHES UPDATED AMI BUGGY https://evne.ws/4cQC3oM CHERY TO MANUFACTURE AT VOLKSWAGEN'S GERMAN FACILITY https://evne.ws/42ZDfSr AUTOMAKERS SEEK TO OVERTURN CALIFORNIA'S EV MANDATE https://evne.ws/4jxT8X5 MERCEDES-BENZ LAUNCHES ONLINE ELECTRIC CLA CONFIGURATOR https://evne.ws/4iDZAuk MG MOTOR AUSTRALIA UNVEILS MGS5 EV LAUNCH DETAILS https://evne.ws/4jGrtDK FORD AND VOLKSWAGEN COLLABORATE ON ELECTRIC FIESTA REVIVAL https://evne.ws/4iHRKQK RENAULT CONSIDERS ELECTRIC MPV BASED ON TRAFIC E-TECH https://evne.ws/3GJUteS BYD INVESTS €4 BILLION IN HUNGARY EV FACTORY https://evne.ws/42PRg4Y NIO EXPANDS BATTERY SWAP NETWORK IN GERMANY https://evne.ws/42PnAVx POLAND ALLOCATES €1.4BN FOR EV TRANSITION https://evne.ws/4iCQaiU VOLVO SHIFTS STRATEGY TO BOOST HYBRID PRODUCTION https://evne.ws/3Yp0pA7 UNIFIED PUBLIC EV CHARGING NETWORK FOR CATALONIA BY 2030 https://evne.ws/3GuNx5i UK EV RUNNING COSTS REMAIN LOWER THAN PETROL https://evne.ws/3ScgOUT AUCKLAND ADDS 44 ELECTRIC BUSES TO FLEET https://evne.ws/4jr7Sai ZWICKAU PLANT REACHES 1 MILLION EV MILESTONE https://evne.ws/3YVH4qi
Donald Trump's first 100 days in office have been marked by his on-again-off-again approach to tariffs. Recently, he has given automakers a break on the tariffs he put in place, hoping to drive more auto manufacturing to the United States. So where do the tariffs currently stand? This episode: political correspondent Sarah McCammon, White House correspondent Danielle Kurtzleben, and national political correspondent Don Gonyea.The podcast is produced by Bria Suggs & Kelli Wessinger and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The Spain, Portugal and France blackout caused by green energy. The [CB] will try to force empty shelves and try to convince the people that it's Trump, this will fail. Retailers have been preparing and other nations will fill the gap. The fake news is pushing a recession, the numbers tell another story. Banks will be obsolete. Think Andrew Jackson. The [DS] players are now being held accountable for election interference. This is just the beginning, the narrative will continue until Trump and team shows how they over-through the US Gov and duly elected President in 2020. Trump has the [DS] exactly where he wants them and they are getting weaker and weaker. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/goddeketal/status/1917219854861451569 EU Admits It's Stuck Under US Tech Giants' Thumb The European Union has admitted that it cannot break free from the dominance of US tech companies, Politico reported on Wednesday, citing the draft of the International Digital Strategy for Europe set to be released in June. Brussels has reportedly admitted that freeing itself from the dominance of US tech companies is unrealistic, and that "cooperation will remain significant across the technological value chain." EU states remain dependent on US tech companies, and US President Donald Trump's stance on Europe has the bloc fearing for its sovereignty in global technologies, including social media and cloud services. Another concern is linked to the ability of US law enforcement bodies to get access to data processed by Amazon, Microsoft and Google, the paper said. The draft of the strategy also signals that the EU has very few fresh ideas that may help Europe become an important player in the global technology field, the paper added. Source: sputnick.com https://twitter.com/SchmittNYC/status/1917224051191304619 BINGO – Longshoreman Union Announce Opposition to President Trump's Tariff Program “The International Longshore and Warehouse Union (ILWU) unequivocally condemns the recent tariffs that the Trump administration has imposed.” [SOURCE] All these moves are so transparently political, it almost makes you laugh. However, that said, we are now in a better position to understand exactly how the Democrats and Deep State operatives will weaponize the supply chain along with their union orcs. In the next phase of the anti-Trump tariff agenda, approximately 3 months from now it will begin, we will see/hear a constant drumbeat of empty shelves, missing parts and missing products. Whether factually true, or whether the shortages are an outcome of a strategy by the ILWA to assist the shortage narrative, the overall objective will be to blame President Trump for everything from shortages of medicine to shortages of parts to fix, repair or maintain consumer products. Source: theconservativetreehouse.com https://twitter.com/KobeissiLetter/status/1917263959108862343 Trump to Sign Executive Order Providing Automakers Tariff Relief President Donald Trump will sign an executive order on Tuesday relaxing some of his 25% tariffs on autos and auto parts. The directive is the result of conversations directly with domestic auto manufacturers, a senior Commerce Department official said on a call with reporters. The administration will offer automakers that finish their vehicles domestically a 15% offset of the cost of the tariffs. Automakers can choose how to allocate the offset.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1032: Today we break down Trump's new tariff offsets for U.S. automakers, GM's massive recall of its flagship V-8, and a heartwarming $50K donation from West Herr's CEO to support local youth.Show Notes with links:President Trump is throwing automakers a bit of a lifeline on tariffs—but it's not a free ride. His new executive orders are easing some of the pressure, but only if manufacturers meet some very specific conditions.Automakers who build vehicles in the U.S. can apply for a special reimbursement starting April 3, 2025.That reimbursement is worth 3.75% of the MSRP for the first year, dropping to 2.5% in year two.To qualify for the full break, at least 85% of the vehicle's parts have to be made in the U.S. or in a country covered by the USMCA.If a vehicle hits 50% U.S. content, the company will only pay tariffs on the remaining 35% instead of the full 50%.Parts themselves are also capped—companies can get reimbursed for components making up to 15% of a vehicle's value in year one, and 10% in year two.Vehicles and parts must be assembled in the U.S. to qualify, and a new system for applying is expected within 30 days.At a Detroit rally yesterday, President Trump said, “They took in parts from all over the world. I don't want that. I want them to make their parts here. We gave them a little bit of time before we slaughter them if they don't do this.”In news that hits close to home, General Motors has issued a voluntary recall of 721,000 6.2-liter V-8 engines due to potential engine seizure, affecting pickups and large SUVs built from March 2021 through May 2024.The issue stems from rod bearing damage caused by sediment and crankshafts with improper dimensions and surface finish.Faulty components were supplied by American Axle & Manufacturing and Questum Macimex.Dealers face backlog challenges as each engine swap takes over 22 hours and requires full replacement engines.GM says inspections will begin first; engines that pass will receive 0W-40 oil, a new filter, cap, and owner's manual update.“The safety and satisfaction of our customers are the highest priorities for the entire GM team,” said spokesman Bill Grotz.We'll end the show with a bright spot: During the Depew-Lancaster Boys & Girls Club's Spring Fundraiser, West Herr President/CEO Scott Bieler made a surprise $50,000 donation through his family foundation.The gift honored Bethanne Hollis, West Herr's VP of Variable Ops and a club board member.The donation helps offset major funding losses for the club this year.Funds will directly support local youth programs and services.“We are so lucky to have both of these amazing individuals leading the way,” West Herr statJoin Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
AP correspondent Ben Thomas reports President Trump is offering automakers some relief on his 25% tariffs. ((opens with actuality))
Canada's Prime Minister Mark Carney took aim at President Donald Trump while claiming victory in his country's federal elections. Meanwhile, Trump is marking his 100th day in office by focusing on the economy, but voters are so far unimpressed. Automakers may soon get another tariff reprieve. Chemicals found in common household products have been linked to heart disease deaths. Plus, we'll tell you how a fighter jet was lost by the US Navy. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Trump administration will reduce some of the crippling tariffs for automakers. CNBC's Phil LeBeau explains the potential impact on General Motors, and former Ford President Mark Fields explains how other automakers are preparing their supply chains for the White House's trade agenda. The “Big 6” GOP leaders have met at the Capitol to discuss a mega-bill; attendee House Ways and Means Chairman Rep. Jason Smith explains his party's revenue agenda. Plus, Nike is in hot water with shareholder Bill Ackman over a billboard, and Canada voted to keep the Liberal Party's Mark Carney as Prime Minister. Rep. Jason Smith 16:25Phil LeBeau 31:44Mark Fields 37:47 In this episode:Jason Smith, @RepJasonSmithPhil LeBeau, @LebeaucarnewsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
The Trump administration prepares to reward the auto industry by lifting levies to boost car manufacturing in the U.S. Also, Canada elected a new prime minister. These stories and more highlight your Unbiased Updates for Tuesday, April 29, 2025.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Episode #1030: Today we're talking about the real hurdles to moving auto production stateside, catching up with Carlos Ghosn's new life as a leadership coach (and fugitive), and Amazon's surprising new experiment that lets shoppers stray beyond its walls.Show Notes with links:A quarter of U.S. automotive assembly capacity sat unused at the end of 2024, suggesting opportunity amid the backdrop of President Trump's tariffs. However, shifting production to underutilized plants is far more complicated than it sounds.Toyota, BMW, and Honda used over 80% of their U.S. production capacity, leaving little room for more output.Automakers like Stellantis, GM, Ford, and Nissan have more idle capacity but face logistical and investment hurdles.Stellantis' Warren Truck Plant has just 17% utilization but can't quickly absorb new models without major investment, despite being able to build related pickups and SUVs.Ford's Flat Rock Assembly Plant could theoretically take on new models like the Mustang Mach-E, but even the fastest transition would still take six months to a year to execute.Sam Fiorani of AutoForecast Solutions said: "The rhetoric that moving assembly of vehicles into open spaces is easy and quick is not accurate."Five years after his dramatic escape from Japan, former Nissan and Renault CEO Carlos Ghosn is living a quieter life in Lebanon — but remains an international fugitive still shadowed by legal battles.Ghosn lives in a disputed $20M mansion, running executive bootcamps for midlevel managers at a Lebanese university.Despite legal threats from France and Japan, Lebanon's refusal to extradite its citizens keeps him out of reach.He still denies all accusations, blaming Nissan insiders for orchestrating his downfall to block a deeper Renault-Nissan alliance.Ghosn remains bullish on globalization, calling recent tariff tensions “a joke” against broader interconnected trends.He criticized the post-split struggles of Nissan and Renault: “Nissan is begging for some financial help, and Renault is back to what it was before 1999 — a small European company.”In a surprising pivot from its traditional walled-garden strategy, Amazon is testing a program that lets customers shop directly from third-party brand websites — without leaving its app.Shoppers can either be redirected to brand sites or complete purchases through Amazon's “Buy for Me” checkout feature.Amazon handles payment transfer securely, while shipping, returns, and customer service stay with the brand.The move allows Amazon to collect deeper shopper data, enhancing ad targeting and product recommendations.Industry experts suggest Amazon is trading short-term sales for long-term insights and stronger ad business.Jason Goldberg of Publicis said: “The bigger share of a custoJoin Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
President Trump suggested temporarily exempting auto tariffs to give carmakers time to adjust supply chains. Automakers rely on international partners like Canada, Mexico, and China, making a fully U.S.-made car nearly impossible, experts say.
Stocks kicking off the week with another volatile session. How the latest tariff headlines are causing even more market swings, why a technical ‘death cross' is flashing warning signs in the S&P 500's technicals, and why one currency expert says to steer clear of the U.S. dollar. Plus Why there's more under the hood on EU auto imports & exports, and what “help” from Washington could look like as tariffs hit the industry. Fast Money Disclaimer
President Trump's zigzag on tariffs boosted shares of tech companies focused on hardware. Plus, Goldman Sachs shares rose after the investment bank reported higher revenue from equities trading. Danny Lewis hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Why was Tesla not hit as hard by Trump's new tariffs as GM, Toyota or BMW? And why did Lululemon's results spook investors? Plus, how did investors react to Family Dollar leaving the Dollar Tree family? Jack Pitcher discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices