by Gunther Eagleman at X
HOLY CRAP! The Oval Office just turned into an ABSOLUTE AMERICA FIRST PARADE:
Trump brought in the CEOs and dealers and let them speak for themselves:
Ford CEO: “We never left America. 85% of what we sell here is MADE here.”
Stellantis: Dropping another $13 BILLION in the USA next 4 years which equals +50% production with 5,000 new jobs!
Trump: “Start building them tomorrow. The red tape is GONE.”
The DeLorean plant in Michigan retooling RIGHT NOW for more American-made trucks & SUVs
Auto dealers are thanking Trump for bringing back the car-loan interest tax deduction which saves buyers thousands
Trump didn’t stop there: “We lost over 50% of our auto industry… now it’s roaring back bigger than ever because of TARIFFS. They build here or they pay.”
Every single person in that room is grinning ear-to-ear because they’re about to make better cars, cheaper cars, and hire thousands of American workers.
This will be the fastest economic turnaround in history.
HOLY CRAP! The Oval Office just turned into an ABSOLUTE AMERICA FIRST PARADE:
Trump brought in the CEOs and dealers and let them speak for themselves:
Ford CEO: “We never left America. 85% of what we sell here is MADE here.”
Stellantis: Dropping another $13 BILLION in the USA… pic.twitter.com/Ilqry3RUwa
— Gunther Eagleman™ (@GuntherEagleman) December 3, 2025
_________________________________________________________
European Carmakers Surge After Trump Rolls Back Fuel Rules
European automaker shares rose sharply on Thursday after President Donald Trump moved to roll back U.S. fuel economy limits established under Joe Biden, according to Reuters. The administration framed the proposal as a way to lower consumer costs by making it easier for companies to sell gasoline-powered vehicles.
By mid-morning, Porsche shares were up more than 5%, Mercedes-Benz and Volvo Car gained nearly 4%, Renault rose 3.3%, and Stellantis climbed around 2.7% after an 8% rally the previous day.
Speaking from the Oval Office alongside industry executives and lawmakers, Trump announced the reversal of the Biden-era rules, saying, “We’re officially terminating Joe Biden’s ridiculously burdensome, horrible, actually, CAFE standards that impose expensive restrictions and all sorts of problems — gave all sorts of problems to automakers. And we’re not only talking about here, we’re talking about outside of our country.”
He also said his administration would revoke California’s emission waivers, following a Senate vote earlier this year to overturn them. A White House official said the reset could save Americans up to $109 billion.
Reuters writes that automakers responded favorably. Ford CEO Jim Farley said the move aligns regulations with market conditions, adding, “We can make real progress on carbon emissions and energy efficiency while still giving customers choice and affordability.”
Click HERE to finish reading the full story
Continue Reading