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At meeting with automakers, Trump launches new attack on NAFTA

WASHINGTON — Ten American and foreign automakers went to the White House on Friday to push for a weakening of U.S. fuel efficiency standards through 2025, while President Donald Trump used the occasion to launch a fresh attack on the North American Free Trade Agreement that has benefited the companies. A draft proposal circulated by the U.S. Transportation Department would freeze fuel efficiency requirements at 2020 levels through 2026, rather than allowing them to increase as previously planned. Trump's administration is expected to formally unveil the proposal later this month or in June. "We're working on CAFE standards, environmental controls," Trump told reporters at the top of the meeting, referring to the Corporate Average Fuel Economy standards for cars and light trucks in the United States. Trump said he wants automakers to build more vehicles in the United States and export more vehicles. But much of the hour-long meeting focused on NAFTA. Trump blasted the pact involving the United States, Canada and Mexico as "terrible" and noted that negotiations to make changes sought by his administration were ongoing. "NAFTA has been a horrible, horrible disaster for this country and we'll see if we can make it reasonable," Trump said. Automakers have called NAFTA a success, allowing them to integrate production throughout North America and make production competitive with Asia and Europe, and have noted the increase in auto production over the past two decades with the deal in place. They have warned that changing NAFTA too much could prompt some companies to move production out of the United States. The chief executives of General Motors Co, Ford Motor Co, Fiat Chrysler, along with senior U.S. executives from Toyota Motor Corp, Volkswagen AG, Hyundai Motor Co, Nissan Motor Co, Honda Motor Co , BMW AG and Daimler AG met with Trump, as did the chief executives of two auto trade groups. Major automakers reiterated this week they do not support freezing fuel efficiency requirements but said they want new flexibility and rule changes to address lower gasoline prices and the shift in U.S. consumer preferences to bigger, less fuel-efficient vehicles.

Hyundai, BMW in plant talks with Mexican officials

BMW and Hyundai may be joining the rush for the border that has already seen Nissan, Honda and Mazda begin factory construction in Mexico, while Ford and General Motors have both made significant investments in their Mexican facilities. BMW's interest in Mexico has been apparent for some time, and while we'd heard grumblings about Hyundai's move into Latin America some time ago, the last we heard about it was in 2009.
This new move, reported by Bloomberg, doesn't get specific on which models will be produced south of the Rio Grande, and as neither automakers' spokespeople responded to the business site's request for statements, all we really have to go on are the statements of Mexico's Economy Minister, Ildefonso Guajardo: "I cannot talk for them, but I think that starting 2014 we'll have new announcements. At least for one." Which manufacturer that will be remains anyone's guess, although judging by all the recent scuttlebutt that's been going around, the smart money seems to be on BMW. We'll stay with this one.

Hyundai i20 Sport previews future N Division hot hatches

Hyundai is in the process of launching its own performance sub-brand that, eventually, will yield its own line of hot hatches. But while we wait for those to arrive, the Korean automaker has given us a little taste of what's to come with the i20 Sport you see here. Launched exclusively in Germany (where Hyundai Motorsport is based), the Hyundai i20 Sport is based on the Korean automaker's Ford Fiesta and Volkswagen Polo rival – and the basis for its World Rally Championship contender. The new Sport variant is more of a warmed-over job than an outright hot hatch, but it's not without its share of performance enhancements. The suspension is lowered and mounted to 18-inch OZ wheels. It features a new aero kit, though you might have missed it given the attention-grabbing (but optional) graphics. And the engine – while just a modest 1.0-liter turbocharged inline-three – produces a not inconsequential 120 horsepower. That's fairly competitive for an engine that size... especially when you can row the most out of it with a six-speed manual like the one fitted to the i20 Sport. Those specs are a promising harbinger of things to come. Hyundai's N division has already recruited top talent from BMW M GmbH, shown us where its heart is at with the N 2025 Vision Gran Turismo concept, and promoted itself through the company's WRC effort. We're looking forward to seeing how the i20 N (or whatever it's called) will shape up, but in the meantime the Sport model you see here gives us an idea of what it will look like. Related Video: Featured Gallery Hyundai i20 Sport News Source: Hyundai Hyundai Hatchback Performance hyundai i20