Donald Trump with US car industry leaders. The president has repeatedly stated his frustration at the difference between US tariffs on passenger vehicles and higher duties elsewhere. Photograph: Reuters The review could result in tariffs, akin to similar investigations into steel and aluminum imports that concluded earlier this year. The U.S Commerce
Author: Tola Ojobo
U.S. auto import probe fans tariff fears, riles Asia, Europe
Automobiles are on a truck for delivery to a car lot in Queens, New York, U.S., May 24, 2018. REUTERS/Shannon Stapleton (Reuters) - A U.S. threat that it may introduce tariffs on foreign auto imports drew strong criticism on Thursday from the country’s main business lobbying group, which warned of a
Protests worldwide against US idea of auto import tariff
Beijing (AP) - China, Japan and the European Union condemned Thursday the Trump administration’s decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. President Donald Trump invoked a provision authorizing the president to restrict imports and impose unlimited tariffs
Toyota to ramp up hydrogen fuel cell vehicle sales around 2020
Employees of Toyota Motor Corp. work on the assembly line of Mirai fuel cell vehicle (FCV) at the company's Motomachi plant in Toyota, Aichi prefecture, Japan, May 17, 2018. Picture taken May 17, 2018. REUTERS/Issei Kato Tokyo (Reuters) - Toyota Motor Corp on Thursday said it plans to set up a facility
VW recalls 11,000 Audi cars in Russia: watchdog
FILE PHOTO: An Audi logo is pictured during the Volkswagen Group's annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt MOSCOW (Reuters) - Russia’s standards agency said on Tuesday it had been informed about the voluntary recall of 11,003 Audi cars sold since last year. The watchdog said the reason for
Leasing industry maintains upward trend, grows by 14.5% in 2017
Nigeria’s outstanding lease volume increased to N1.44trillion in 2017 from N1.26trillion the previous year, representing a growth of 14.5 percent, according to a recent report released by the Equipment Leasing Association of Nigeria, ELAN. The report listed relative stability in the macroeconomic environment, increasing lease demand, new entrants into the leasing
Rehabilitation of Ikorodu-Sagamu road begins
The Federal Government of Nigeria has commenced the rehabilitation of the 30.4-kilometre road linking Lagos State to Sagamu town in Ogun State. This is a major access road for trucks and tankers evacuating petroleum products from the Nigerian National Petroleum Corporation’s depot in Mosimi. The project was awarded to Arab Contractors and
Amputees sue railroad in Iowa, saying it creates danger
How to Improve Your Transportation Operations
Originally published by Logistics Management In this white paper, you will learn about six steps that allow shippers and 3PLs to improve transportation operations and increase supply chain value in the most ideal way possible. Improving Transportation in the Real World It's rare that a shipper or third-party logistics (3PL) provider has the luxury to sit
Toyota, Hyundai, Ford lead 9.6 percent European car sales gain
PARIS (Reuters) - European car sales rose 9.6 percent in April, led by Toyota, Hyundai and Ford, and boosted by an increase in the number of business days, according to industry data published on Thursday. Registrations in EU and European Free Trade Area countries advanced to 1.349 million cars last month