EC: U.S. Won’t Impose Tariffs on European Cars
The U.S. won’t impose protective tariffs on cars from Europe, says Jean-Claude Juncker, the outgoing president of the European Commission.
The Trump administration faces a Nov. 14 deadline on whether to launch the threatened tax, which it would justify as necessary to national security. “He won’t do it,” Juncker tells the Sueddeutsche Zeitung, adding, “You are speaking to a fully informed man.”
Juncker says Trump is likely to criticize Europe’s trade policies. But Reuters says European diplomats are hoping for another extension as slow-moving trade talks continue. All three of Germany’s top carmakers—BMW, Daimler and Volkswagen—already have major investments in U.S. production facilities.
The Lexus ES sedan is more than just an offering within the company’s lineup.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).
For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.