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Trump reportedly says he wants to wipe German cars off the U.S. map

BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.

New Civic, FCA UAW Agreement, Frankfurt | Autoblog Minute

FCA reaches a tentative agreement with the UAW, Honda reveals the all new 2016 Civic, and the Frankfurt Motor Show dazzles us again.Senior editor Greg Migliore reports in the Weekly Recap edition of Autoblog Minute Weekly. UAW/Unions Bentley Honda Jaguar Porsche Tesla Autoblog Minute Videos Original Video FCA porsche mission e civic

Daily Driver: 2015 Bentley Continental GT Speed

Daily Driver videos are micro-reviews of vehicles in the Autoblog press fleet, featuring impressions from the staffers that drive them every day. Today's Daily Driver features the 2015 Bentley Continental GT Speed coupe, reviewed by Steven Ewing. With a starting price of $235,000, it's not what you'd typically consider a "daily driver," but as we find out, this Bentley is indeed a car you could happily live with every single day. You can watch the video above or read a transcript below. Watch more Autoblog videos at /videos. VIDEO TRANSCRIPT [00:00:00] Hey, guys. This is senior editor Steven Ewing with another Daily Driver video. I'm in a car today that you wouldn't necessarily consider to be a daily driver by the normal logic. I'm driving the $235,000 2015 Bentley Continental GT Speed Coupe. Now, as its name would suggest with the word "speed" in there at the end, this is an incredibly powerful and incredibly quick car. [00:00:30] It's powered by a 6.0-liter twin-turbo W12 engine that makes about 626 horsepower and about 606 pound-feet of torque. As you can see, it is a seriously quick car. 0 to 60 is estimated to happen in about four seconds, and this thing will top out at over 205 miles per hour. It's not just the off the line acceleration, [00:01:00] it's how much power is available while you're already at speed. I'm on the freeway right now and just with a light tap of the throttle there's just this massive wave of torque that comes on. It's just smooth, seamless, it's effortless. It's really, really fun. You can really get it going hot into a corner, let it hug it, and it really just grips. It's got a ton of power. [00:01:30] It's a really nice-handling car. A lot of people tend to think of Bentleys as being cars that you're driven in. You picture a Mulsanne pulling up with a chauffeur, but that's not the case with the Continental. In fact, Bentley's done a lot of work in recent years to drive home the point that the Continental is the driver's car. You look at things like the GT V8 S, which is one of my favorite Bentleys they've ever produced, where it's a car that despite its heft and its size and all of that, it's [00:02:00] still pretty involving. The chassis tuning is really good. The steering's pretty good. It's actually a good to drive car. On top of that, it's incredibly quiet in here.