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CNN (July 2)

2018/ 07/ 04 by jd in Global News

“Every US-made car is an import,” which means US automakers could get stung bad by tariffs. According to a measure used by regulators, “the two most ‘American’ cars are both Hondas—the Odyssey minivan and Ridgeline pickup,” each of which boast about 75% of components made in the US or Canada. “The Honda Civic, Acura MDX, Acura TLX and the Mercedes C-class source 70% from the United States and Canada. The highest-ranked car made by a Detroit automaker is the Chevrolet Corvette, which placed seventh” at about 65%. GM has already warned that “tariffs could force the company to cut jobs at US plants due to an expected drop in sales associated with higher prices.”


Bloomberg (February 5)

2015/ 02/ 06 by jd in Global News

Slowdowns at West Coast ports have already disrupted the operations of Honda, Subaru, Toyota and McDonalds. Now it looks like the “union-led work slowdowns could shut the U.S. West Coast’s 29 ports in five to 10 days” unless a new contract deal is accepted. Excepting Toyota, all of the mentioned companies have resorted to the expensive airlifting of some cargo.


USA Today (November 9)

2014/ 11/ 10 by jd in Global News

Instead of urgent action to remove defective air bags from vehicles, “air bag maker Takata and its biggest customer, Honda, conducted glacial, piecemeal recalls that have left drivers in jeopardy.” Why the National Highway Traffic Safety Administration (NHTSA) hasn’t done more remains a mystery, though it’s clear why the other parties have dallied. “The problem might pose an existential threat” for Takata. “And for Honda, finding and replacing the faulty air bags—installed in many models for many years—imposes a massive cost.”