Detroit Automakers Benefit from Trump Emissions Rollback with Shift to Gas Vehicles
By
petethomas
8mo ago· 1 min readenNews
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Summary
President Trump's push to cut federal sales incentives and roll back emissions standards is providing billions in savings for Detroit automakers as they shift investments from electric vehicles back to gasoline-powered cars. General Motors is cutting EV production plans and converting plants to make gas pickups, Ford is redirecting funds from canceled electric SUVs to internal combustion vehicles, and Stellantis is reviving gas-guzzling models.
Key quotes
· 4 pulledPresident Donald Trump's push to cut federal sales incentives and roll back emissions standards is shaping up to be a multibillion-dollar gift to Detroit's automakers
General Motors Co. last week said it would cut electric-vehicle production plans at two factories as it overhauls a third plant to make gas-fueled pickups
Ford Motor Co. is moving funds from a canceled three-row electric SUV to future internal combustion engine vehicles and hybrids
Jeep-owner Stellantis NV is resurrecting the thirsty He
President Donald Trump’s push to cut federal sales incentives and roll back emissions standards is shaping up to be a multibillion-dollar gift to Detroit’s automakers as they shift investments into gasoline-fueled cars.
