
Trump has reversed Obama with a fuel economy review. Donald Trump has vowed to end the assault on the American auto industry. Trump urged the automakers to build more assembly plants in the USA. Trump said that he would help to reduce regulations for automakers that would cause automotive manufacturing to move outside the states.
Key Takeaways:
- Vowing to end the “assault on the American auto industry,” President Donald Trump promised to reopen a federal review of fuel economy standards that was concluded in the waning days of the Obama administration at an event outside of Detroit.
- During a 19-minute speech to automotive executives, workers, and the media, Trump also urged automakers to build more assembly plants in the U.S. Trump spoke outside of Willow Run Airport in Ypsilanti Township.
- Trump saluted Ford, General Motors, and Fiat-Chrysler for recent announcements of new jobs and expansions of U.S.-based manufacturing. General Motors announced it would add or retain another 900 jobs in U.S. plants in the next 12 months ahead of Trump’s speech.
“During a 19-minute speech to automotive executives, workers, and the media, Trump also urged automakers to build more assembly plants in the U.S. Trump spoke outside of Willow Run Airport in Ypsilanti Township.”