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Trump reportedly says he wants to wipe German cars off the U.S. map
Thu, May 31 2018BERLIN/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.
Popular Science magazine's Best Of What's New 2012 all ate up with cars
Tue, 20 Nov 2012Popular Science has named the winners in its Best of What's New awards, the victors coming in the categories of aerospace, automotive, engineering, entertainment, gadgets, green, hardware, health, home, recreation, security and software. The automotive category did not go wanting for lauded advancements:
Tesla Model S: the Grand Award winner for being "the standard by which all future electric vehicles will be measured."
BMW 328i: it's 2.0-liter turbocharged four-cylinder gets called out for being more powerful and frugal than the six-cylinder it replaces.
Artist bent out of shape over ticketed warped truck sculpture
Tue, Jun 23 2015If Germans and traffic cops have one thing in common, it's that they aren't necessarily known for their sense of humor. But at least one German parking enforcement officer had a laugh last week when they ticketed a sculpture of an impossible object. The infraction was for the 'Gross Violation of Physical Laws.' At first, Austrian artist Erwin Wurm was incensed that his sculpture, "Truck", which includes a Mercedes transporter MB100D truck curving up the side of a building, received a parking ticket, according to The Local. Wurm's work often features autos bent and twisted into unexpected shapes. He took to Facebook to express concern that he or the Center for Art and Media in Karlsruhe, Germany, might be stuck with the 30-euro bill. However, the ticket was all in good fun. City officials and even the clerk's office were in on the joke. Karlsruhe mayor Frank Mentrup announced he would make sure the ticket was cleared, despite the illegal parking job. "We think it's great if the fine men of this city think for themselves artistically," a spokeswoman for the arts center told CityLab. This isn't the first gravity-defying auto to be used in a work of art. In London, a town with notoriously tricky parking, Vauxhall suspended a full-scale Corsa hatchback from a strip of curved tarmac. It hung around for a few days in February. No word on how many tickets that instillation wracked up. News Source: CityLabImage Credit: Twitter/Sham Jaff Weird Car News Mercedes-Benz Vauxhall parking Corsa