moving production

WASHINGTON | GM battle government to retain tax credit for electric cars

WASHINGTON — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500 tax incentive for buyers is crucial for GM as the company … Continue reading WASHINGTON | GM battle government to retain tax credit for electric cars

WASHINGTON | Despite Trump tweet, Ford says it won’t make hatchback in US

WASHINGTON — Ford says it won’t be moving production of a hatchback vehicle to the United States from China — despite President Donald Trump‘s claim that his taxes on Chinese imports mean the Focus Active can be built in America. Citing Trump’s new tariffs, Ford on Aug. 31 said it was dropping plans to ship … Continue reading WASHINGTON | Despite Trump tweet, Ford says it won’t make hatchback in US

Trump: Apple can avoid tariffs by shifting production to US

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes “massive” additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. “Start building new plants now. Exciting!” Trump said Saturday in a tweet aimed at the Cupertino, … Continue reading Trump: Apple can avoid tariffs by shifting production to US