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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.

2015 Volkswagen Touareg TDI Quick Spin [w/video]

There are two particularly great things about diesel-powered cars: torque and range. The 2015 Volkswagen Touareg TDI has both in spades. We put 190 miles on our test car, and upon return, the computer claimed we still had 490 miles to go. We weren't even averaging the EPA-estimaged 29 miles per gallon highway. Plus, that's in a sport-utility vehicle with tons of room and a whopping 406 pound-feet of torque. That said, our most recent adventure with the Touareg wasn't totally positive. This thing feels decidedly long in the tooth, despite a 2014 refresh. Driving Notes The Touareg TDI's powertrain really is the star of the show. The 3.0-liter, turbodiesel V6 has been in service since 2009, but it's still a dynamite engine. With 240 horsepower and 406 pound-feet of torque, the latter of which can be called upon at just 2,000 rpm, there's no shortage of thrust under your right foot. Turbo lag is an issue when you get aggressive with the throttle, but don't drive like a boob and you'll be fine. ZF's critically acclaimed eight-speed automatic delivers that power to all four wheels. But where other ZF-equipped vehicles deliver a crisper, sharper character, the TDI's trans is tuned for a far more relaxed driving experience. Upshifts are leisurely; the eight-speed keeps you right in the thick of the Touareg's broad torque curve. The suspension tuning follows a similar philosophy. It's far more comfortable than dynamic, soaking up all manner of bumps and general imperfections with aplomb. That said, the Touareg does not feel floaty or disconnected – just smooth. The greasy bits of the Touareg are very desirable, but the package they're wrapped in is less so. It's not that the interior or exterior designs are necessarily bad – fans of Earth tones will love our tester's Black Oak Brown Metallic paint and Cornsilk Beige interior – they're just kind of bland, or anonymous. The switchgear and buttons come from the Volkswagen parts bin, and while they're fine on a $20,000 Golf, these pieces aren't as appropriate in a vehicle that starts at more than twice the price. The dash plastics and faux wood don't look as nice as what's inside an Acura MDX, or even a Jeep Grand Cherokee. This mid-level Touareg TDI Lux starts at $57,580.

Recharge Wrap-up: AutoNation CEO calls anti-Tesla laws unnecessary, Common Pence donates subway money

Volkswagen has presented a list of near-term technologies to improve fuel economy and decrease emissions. The list includes an addition to a coasting function in its stop-start system, a 10-speed DSG transmission and a more power-dense four-cylinder TDI engine. Volkswagen aims to be the world's most sustainable automaker by 2018 through electric mobility, improved design and increased environmental performance from internal combustion vehicles. Volkswagen also announced other technologies for increased interactivity and connectivity in its vehicles. Read more at Green Car Congress. Commence Pence is a system that allows subway riders in London to donate their unused transit money to charity. People visiting the city often load up enough on their subway card (called Oyster Card) to get them through their trip and end up with unused funds leftover. Zander Whitehurst, a British designer, has created a device that can use the card's RFID to accept leftover funds, which then get diverted to charity rather than reverting back to the agency in charge of running the subway fare system. See the video below or read more at Wired. Mike Jackson, CEO of AutoNation has called Michigan's efforts to ban Tesla's direct sales in the state "unnecessary protectionism." The statement comes as a bit of a surprise, as it dissents from the majority of auto dealers who support a franchise model, as well as laws that forbid automakers selling directly to the consumer. "If Elon Musk wants to make a mistake and go with an inefficient distribution system, that's his right as an American," says Jackson, showing he feels he has little to fear from the electric automaker. Jackson has more to say on the matter, which you can read over at Green Car Reports. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery Tesla Stores Around The World View 22 Photos News Source: Green Car Congress, Wired, Green Car ReportsImage Credit: Rick Bowmer / AP Government/Legal Green Tesla Volkswagen Fuel Efficiency Transportation Alternatives Electric recharge wrapup