Category Archives: Trump Truth Tests

Trump Mis-Administration Proposes a Weaker CAFE

The Trump Mis-Administration today proposed to reduce fuel efficiency standards for cars and light trucks. Obviously, this would significantly raise the cost of driving a car for years to come. It also could also damage the competitiveness of U.S. automakers in a global industry. The preliminary Notice of Proposed Rulemaking – not yet officially published in the Federal Registers as required –  would gut standards set by the Transportation Department’s National Highway Traffic Safety Administration in 2024. Those standards would save owners of personal vehicles an average of more than $600 in fuel costs over the life of a new vehicle. Continue reading

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Thanksgiving 2025 Meets a Thankless Administration

In the fall of 1621, the Pilgrims – early immigrants or transplanted settlers of Plymouth Colony – held a three-day feast to celebrate a bountiful harvest. Many regard this event as the nation’s first Thanksgiving, including AutoInformed. Thanksgiving is rooted in the traditions of early 17th century pilgrims. These were celebrations of survival because of bountiful, and more importantly shared harvests. This was the beginning of “We the People,” which in the course of human events resulted in the wealthiest nation on earth.

President George Washington presiding from New York City, a freedom fighter that the British regarded as a terrorist – first designated the celebration of Thanksgiving by our national government a century later in 1789. Previously the Continental Congress of our nascent republic proclaimed several such days at varying times during the war of rebellion against England. Continue reading

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U.S. November New Vehicle Sales Forecast Down

November’s new-vehicle sales, when posted next week, are expected to fall in both volume and pace from last year’s levels. The November new-vehicle sales pace, or seasonally adjusted annual rate (SAAR), is forecast today by Cox Automotive to reach 15.7 million. This is up slightly from October’s 15.3 million pace, but significantly down from last year’s 16.5 million level. Through October, the monthly SAAR has averaged 16.2 million.*

“The new-vehicle sales pace had been expected to slow in the fourth quarter, and that’s what we are seeing,” said Cox Automotive Senior Economist Charlie Chesbrough. “The headwinds from higher prices and fewer government subsidies for electric vehicles are finally slowing the market after a surprisingly strong previous six months. Continue reading

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September 2025 Unemployed People and Rate Up Under Trump

Both the unemployment rate, at 4.4%, and the number of unemployed people, at 7.6 million, changed little in September, the U.S. Bureau of Labor Statistics posted yesterday. These measures are higher than a year earlier under Trump 2.0, when the jobless rate was 4.1%, and the number of unemployed people was 6.9 million. Job losses occurred in transportation and warehousing and in federal government. Continue reading

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Brexit – Angry Voter Costs Greater Than Said. Trump Parallels Abound

In a paper published in November and brought to AutoInformed’s attention today by The Hutchins Center on Fiscal and Monetary Policy at the estimable Brookings Institute, angry voters in the United Kingdom who overwhelming approved leaving the European Union in the so-called Brexit* referendum resulted in shrinking the UK GDP by 6% to 8% by 2025. The exhaustive research paper was authored by Nicholas Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka and Gregory Thwaites.**

The negative economic effects began after the 2016 referendum. They intensified following the UK’s formal exit in 2020. This paper in AutoInformed’s view is directly relevant to Trump’s Tariff Chaos and is a harbinger of still larger negative effects to come. Continue reading

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CARB – Greenhouse Gas Emissions Down Again!

The latest publication of California’s greenhouse gas emissions inventory released today shows a 3% drop in statewide emissions. This is the third largest annual percentage decrease since the pandemic under the Trump Administration. The decrease is equivalent to removing more than 2.6 million gasoline-powered cars from California’s roads for one year.

“Today’s milestone once again confirms that bold climate action can deliver real results,” said California Air Resources Board Chair Lauren Sanchez. “California’s climate pollution is falling even as our economy grows – a powerful testament to the strength of our programs, innovation in clean technology, and the commitment of communities across the state. We’re not just investing in a healthier future; we’re actively building it.” Continue reading

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Michigan – Tariffs Cause Higher Grocery Prices, More Expensive Housing, Put Jobs at Risk

In response to Governor Gretchen Whitmer’s executive directive to gauge the impact of federal tariffs on Michigan’s economy, several State of Michigan departments submitted reports pointing to higher prices and costly delays that would ultimately impact Michiganders. Today, the U.S. … Continue reading

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Air Bag Deployments – NHTSA Investigating Honda Odysseys

Late last week in spite of the Republican led government shutdown, The Office of Defects Investigation (ODI) at DOT opened an engineering analysis into inadvertent air bag deployments on 2018-2022 model year Honda Odyssey minivans manufactured by American Honda Motor Company. More than 440,000 vehicles are involved. Most government workers are doing their jobs without pay. House Republicans aren’t working of course, but receiving full pay and benefits.*

The Office of Defects Investigation (ODI) has received 18 complaints, and some Early Warning Reporting (EWR) and death & injury reports alleging inadvertent air bag deployment. These inadvertent deployments relate to the side curtain and/or side thorax air bags used in model year 2018-2022 Honda Odyssey models. Continue reading

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UAW Endorses Sherrod Brown for US Senate

The UAW today officially endorsed Sherrod Brown for US Senate. Approximately 100,000 active and retired UAW members live and vote in Ohio. The UAW Ohio CAP (Community Action Program) Council formally voted to endorse Brown and said it will mobilize hundreds of thousands of working-class Ohioans to elect Brown to the US Senate.

“Sherrod is more than an ally of the UAW; he is an honorary union brother,” said UAW Region 2B Director Dave Green. “Ohioans don’t need another representative who leaves us wondering whose side they’ll be on when it matters. We know exactly where Sherrod Brown stands, because he has been in the fight with the UAW and the working-class time and time again. I am proud of our members for committing to elect working-class fighters like Sherrod.” Continue reading

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Magna Posts Solid Q3 2025 Earnings Gain

Magna (TSX: MG. NYSE: MGA) today posted U.S. $613 million EBIT Q3 2025 compared to $594 million in the third quarter of 2024. Subject to the approval by the Toronto Stock Exchange, the Magna Board of Directors approved a new Normal Course Issuer Bid (“NCIB”) to purchase up to approximately 25.3 million of Magna Common Shares, representing 10% of the public float of Common Shares. This NCIB is expected to be effective on 7 November 2025 and will terminate no later than 6 November 2026.

“Our strong third quarter performance exceeded our expectations and underscores the resilience of our business amid dynamic operating conditions and evolving macroeconomic trends. These results reflect the strength of our global team and the effectiveness of our strategic execution,” said Swamy Kotagiri, Magna Chief Executive Officer. Continue reading

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GM Ends Production of BrightDrop EVs in Canada

General Motors (NYSE: GM) today confirmed the end of production of the BrightDrop electric delivery van built at CAMI Assembly in Ingersoll, Ontario. BrightDrop production will not be moved to another site. GM said “The commercial electric delivery van market … Continue reading

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How China Is Gutting Western Automakers

“Make the world more dependent on China. Make China less dependent on the world.” – Xi Jinping (Politburo, Dual Circulation Strategy, May 2020) If China’s goal is total domination of the global auto industry, the master plan might look something like this:

Scale Up: Build enough capacity to supply more than half of the world’s annual demand for vehicles.
Flood In: Launch a frenzied push of exports into markets worldwide and, with aggressive pricing, take large chunks of market share. Continue reading

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Trump Job Approval Flat. Congress Drops

Stagwell (NASDAQ: STGW) today released the results of the September Harvard CAPS / Harris poll, a monthly group effort between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.

“Voters’ outlook on the country remains largely the same with strong opposition to the government shutdown,” said Mark Penn, Co-Director of the Harvard CAPS / Harris poll and Stagwell Chairman and CEO. “They feel the rhetoric of today’s political leaders has grown too polarizing and is fueling political violence, and they want leadership that works to unite the country.” Continue reading

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UAW Endorses Graham Platner for U.S. Senate in Maine

“Inequality is out of control in our country. Today, the top 1% have more wealth than the bottom 95% of humanity combined. Graham understands this, and at a time when too many politicians take their cues from billionaires and corporate lobbyists, he has chosen to stand with the working class,” said UAW President Shawn Fain.

“As a U.S. military veteran, oyster farmer, and proud lifelong Mainer, Graham Platner is a true fighter for the working class. His campaign is grounded in rebuilding the American dream for working people who can no longer afford a good life. His service and his background give him the leadership needed to fight for policies that put the needs of workers first and demand bold solutions to our economic and political crises,” the UAW said in a news release. Continue reading

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Negative Consequences – Trump Tariffs on Input Goods

“While income taxes have been the cornerstone of U.S. federal tax policy since the early 20th century, the Trump administration is shifting tax burdens away from income taxes and toward import taxes. Kimberly A. Clausing of the University of California, Los Angeles, and Maurice Obstfeld of the Peterson Institute estimate that a U.S. effective tariff rate of 20% would generate roughly $300 billion in revenue per year, which amounts to less than one-sixth of the revenue raised annually by personal income taxes. Tariffs also generate considerable deadweight losses—expanding import-competing sectors and shrinking export and non-traded goods sectors—that will amount to approximately $113 billion per year, or more than one-third of the revenue raised by the tariffs. Continue reading

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