Tag Archives: industrial policy

BMW to Build a Car Plant in Brazil Prompted by Tough Legislation

The BMW Group plans to build a new auto plant in Brazil, based on the government’s new industrial policy under the so-called “Inovar Auto” legislation just adapted. The hard-nosed legislation strictly limits the amount of money that can be counted toward local content, imposes tariffs and requires specific R&D and production investments as a percentage of sales that increase from now until 2017. It is the latest example of protecting a local auto industry against pillaging by global companies in the view of supporters. Critics counter that consumers will pay higher prices. Continue reading

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GM China Advanced Technical Center Nears Completion

GM intends to use Chinese battery suppliers in future electric vehicles – the latest setback for beleaguered U.S. workers who are facing grim employment prospects in the moribund U.S. economy. This is no longer a blue-collar or solely a UAW problem. College level white collar engineering jobs are at stake in advanced technologies touted by politicians as the key to returning the U.S. to global competitiveness. Continue reading

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Editorial: Happy Fourth of July! More Independence Needed

We should celebrate our past today, and honor the men and women of vision – and property – who created this country starting with the War of Independence, continuing through the Articles of Confederation and the U.S. Constitution that is still in place, as fine a document of governance of the people, by the people and for the people that ever existed. Remember well the resounding words of its preamble – WE THE PEOPLE. And we need to toss out of office the people who don’t understand WE, who are in it just for ME. Continue reading

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Ford Sollers to Build and Sell Vehicles in Russian Federation

Manufacturers of cars and auto components that apply “industrial assembly” processes in Russia are eligible for reduced taxes and duties from the Russian Federation. Under the new policy, customs duties are to decrease to 0 to 5% of the cost of auto components compared to 12%. Continue reading

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China Will Lead Electric Vehicles as U.S. Remains Conflicted

China could lead the race to roll out electric vehicles and will deploy new transport technologies more quickly than the United States, according to a report by Accenture (NYSE: ACN). However, the U.S. could lead a global biotechnology-based agricultural revolution that will generate more biofuel breakthroughs.

The report, “The US and China: the race to disruptive transport technologies,” claims that China’s state-backed focus on electric vehicles (EVs), its domestic supplies of lithium and current battery production capacity will give it a competitive advantage over the U.S. in EVs. Continue reading

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