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Trump administration could still impose tariffs on imported cars

Wed, 12/04/2019 - 14:30

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U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action. U.S. President Donald Trump did not announce any new tariffs after a six-month, self-imposed review period expired in mid-November following a Commerce Department "Section 232" investigation into whether imported autos pose a national security threat.

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Trump administration could still impose tariffs on imported cars originally appeared on Autoblog on Wed, 4 Dec 2019 09:30:00 EST. Please see our terms for use of feeds.

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Categories: Cars

McLaren looks to Asia and hybrid cars as next steps toward IPO

Wed, 12/04/2019 - 13:45

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British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company's chief executive said on Tuesday. "We need to put more cars into Asia," McLaren CEO Mike Flewitt said in a meeting with reporters in Detroit. Sales of McLaren's carbon fibre and aluminium sports cars, which start at about $200,000 in the United States, have fallen in the United Kingdom, its largest market.

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McLaren looks to Asia and hybrid cars as next steps toward IPO originally appeared on Autoblog on Wed, 4 Dec 2019 08:45:00 EST. Please see our terms for use of feeds.

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Categories: Cars

Hyundai's $52 billion plan focuses on electric, autonomous vehicles

Wed, 12/04/2019 - 13:33

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Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver. Shares in Hyundai rose as much as 2% on the news, only to give up most of their gains by the close of trade, with analysts waiting to see how its intentions translate into action. "Its announcement of investment plan and goals is full of good words, but not r

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Hyundai's $52 billion plan focuses on electric, autonomous vehicles originally appeared on Autoblog on Wed, 4 Dec 2019 08:33:00 EST. Please see our terms for use of feeds.

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Categories: Cars

This forklift folds up to fit neatly in a box

Wed, 12/04/2019 - 00:21

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A foldable forklift. BM 214 by Palfinger is a collapsible forklift that fits neatly in a box. The remote-controlled forklift has a lifting capacity of 4,630 lbs. It’s powered by a diesel engine. BM 214 can extend to reach over 9 feet. When collapsed the compact forklift can be stored under the truck. This helps create a good center of gravity for the carrier vehicle. The BM 214 can be ready to operate in just 30 seconds. BM 214 by Palfinger is a compact and foldable remote-control forklift. I

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This forklift folds up to fit neatly in a box originally appeared on Autoblog on Tue, 3 Dec 2019 19:21:00 EST. Please see our terms for use of feeds.

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Elon Musk testifies at defamation trial he responded to 'unprovoked attack'

Wed, 12/04/2019 - 00:04

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High-tech entrepreneur Elon Musk took the witness stand at his defamation trial on Tuesday, testifying that his inflammatory Twitter message at the center of the case was sent in response to an "unprovoked" insult he received from the man now suing him. Musk, the billionaire chief executive of electric carmaker Tesla Inc , was the first witness to testify in the lawsuit brought by a British cave diver who gained fame for his leading role in the rescue of 12 boys and their soccer coach f

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Elon Musk testifies at defamation trial he responded to 'unprovoked attack' originally appeared on Autoblog on Tue, 3 Dec 2019 19:04:00 EST. Please see our terms for use of feeds.

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Autoblog is Live: Playing Need For Speed Heat

Tue, 12/03/2019 - 18:50

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We're playing F1 2019 today.

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Autoblog is Live: Playing Need For Speed Heat originally appeared on Autoblog on Tue, 3 Dec 2019 13:50:00 EST. Please see our terms for use of feeds.

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