welcome to the newscast I’m Tom Mora Beck the US in China slapped tit-for-tatduties on thirty four billion dollars worth of imports on one another Fridayas part of the process China hiked tariffs on US light vehicleimports to 40 percent from 15 percent a twenty five percent difference and we’restarting to see the fallout BMW today saying it will be unable to quotecompletely absorb the additional 25 percent tariff on imported US mademodels as a result the automaker will have to raise prices on the vehicles itmakes in Spartanburg South Carolina BMW says it is currently calculating theprice increases for US made models imported to China and will announce themlater the automaker ships high margin x4 x5and x6 SUVs and crossovers to China last yearBMW shipped more than 100,000 vehicles from the u. s. to China moving to othercompanies Ford says it has no plan for now to boost prices of imported Fordbrand and Lincoln models in China meanwhile last monthDaimler said it’s 2018 pre-tax profits would fall versus last year that’sbecause new import tariffs on cars exported from the u. s. to China wouldhurt sales of Mercedes Benz SUVs will stay with Daimler Beijing has given theGerman automaker the green light to test self-driving cars on public roads themove makes Daimler the first international car maker to be grantedsuch a license in the Chinese capital California’s occupational safety andhealth administration says it has opened a third investigation at Tesla’s factoryin Fremont following a complaint the agency launched the latest case On June21st but did not provide additional details Jalopnikcourts the latest investigation follows a complaint from one of the automakersplant employees Cal OSHA says the first probe opened on April 12th followed aserious injury to a millwright employed by automatic systems the secondinvestigation launched April 17th came a day after news website reveal saidTesla’s emissions in legally mandated reports made the company’s safety recordappear better than it was Tesla not commenting BW group’s diesel emissionsscandal cost the automaker more than 30 billion dollars in nearly three billionof that money is being used to fund efforts to cut pollution from dieselengines in every US state each state received payouts based on how many VW’swith emission test cheating software were registered within their bordersCalifornia tops the list lending four hundred twenty two point six milliondollars Texas comes next with 209 point three million states have 15 years tospend the money bloomberg reports the cash must be used to reduce a centralcomponent of smog nitrogen oxide and only fifteen percent can pay for anelectric vehicle charging infrastructure back to Tesla in its boss Elon Musk heis sending a team of engineers to Thailand to explore ways to help rescuea boys soccer team trapped in a cave Musk’s businesses including SpaceX andthe boring company could assist rescuers by providing services for locationtracking water pumping or battery power the boring company could make drills orexcavation expertise available to efforts to rescue the boys and theircoach are being hampered by narrow passageways in rising waters in the cavesystem hope for the very best they’re finally the Toyota Supra is returning tothe track and showroom after months of speculation Toyota on Thursdayofficially unveiled the Supra as the race car to replace the Camry inNASCAR’s X series starting in 2019 the Supra hasbeen absent from dealerships since 2002 it will make its on track debut in theNX s race at Daytona on February 16 2019 an official timeline for theintroduction of the production Supra has not been released have a good weekendeveryone we’ll see you back here on Monday
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