Why undermining fuel efficiency standards would harm the US auto industry

The U.S. auto industry has rebounded well from its near collapse during the financial crisis. Auto suppliers in particular have done well, increasing employment more than 50 percent since 2008. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The failure of GM and Chrysler during the Great Recession would have decimated U.S. auto suppliers and in turn the U.S. auto sector.

'Carmaggedon': Representatives warn tariffs would decimate auto industry

Representatives of the Canadian auto industry warned officials on Tuesday that proposed tariffs on U.S. imports of vehicles and auto parts would decimate the industry and send the Canadian economy into a tailspin. Still, the proposed 25 per cent tariffs on vehicles and auto part imports to the U.S. prompted several representatives from the Canadian auto industry to warn the committee of the potentially devastating effects of such a move by the U.S. administration. Another report by Moody's Investor Services released this week said the tariffs would be negative for nearly all members of the auto industry, including automakers, parts suppliers, dealers, retailers and other transportation companies. "There is not an assembly plant in Canada that will survive a 25 per cent tariff, because almost everything we build goes to the United States," Dias said. 1 industry in Canada taken away from us."• Email: asiekierska@nationalpost.com | Twitter: alicjawithaj

As auto industry transforms, Ford and Volkswagen consider an alliance

according to Volkswagen and Ford, two of the world's biggest carmakers, have announced that they are exploring a strategic alliance, possibly joining forces for an array of projects like the development of vans. Traditional carmakers like Ford, Volkswagen and others are increasingly making investments in new technologies like autonomous and electric cars, as well as services like vehicle-sharing. "It's been almost entirely diesel, and many authorities are looking to exclude diesel."The partnership between Ford and Volkswagen is one of several undertaken by traditional carmakers. Volkswagen already owned a stake in Navistar in North America and has said it would consider a takeover of the company. And Audi said on Wednesday that it would work with Hyundai to share technology and components for electric cars.

collected by :Catlin Logan