WASHINGTON — The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla for tariff relief on key components of its electric vehicles, and rejecting ride hailing company Uber's petition to waive tariffs on electric scooters. The office of the U.S. Trade Representative (USTR) rejected requests to exempt the Model 3 car computer and center screen in May 29 letters, saying they both concern "a p
Oh, and Elon claims he's designed a submarine car.
This after deliveries dropped 31% in the first quarter.
A compromise could also be made to share technologies.
But only if "it led to a more solid alliance between the two great car manufacturers."
'The other companies made the mistake of underestimating Nissan's determination to say no'
Analysts wonder if merger talks between FCA and PSA could be sparked.
Source says this wasn't Nissan's fault — Paris wanted out.
President's threat looks more real by the day; its effects would be widespread
Board will meet again Wednesday; Nissan, meanwhile, floats a different idea.
Volvo's request got rejected, too.
$300 hit per vehicle at first, but ultimately $23 billion industrywide
FCA would essentially become a 'client' of theirs.
Using tariffs in attempt to stop border crossings would cost billions, banks say.
But revenue was up 20%: 'Our story is simple. We're the global player'
History proves how difficult it is to realize huge savings.
If the point is to gain efficiency ... that's not good for Fiat.