Trump Tax Cuts Will Fund Detroit Three Development Costs For The Foreseeable Future

re "Detroit Three automakers will face brutal investment requirements over the next five years to maintain competitiveness in North America."

It all depends on what you understand "competitiveness" to mean. Does it mean GM, Ford and Chrysler competing against each other? With ambitious ICE fuel economy and emissions standards being eased in the US while the rest of the world gets more serious about it, and while The Big Three dabble in EVs while foreign automakers are going gung-ho, it sure seems US automakers are focused primarily on competing with each other.

There's nothing wrong with this approach, providing you view the US as a closed economy. Where it will become a problem is if the US wants to export its products to foreign markets in the future, where these American-focused vehicles will be perceived as less competitive and less desirable in foreign markets.

Remember these tax break, and this golden opportunity, when you hear cries of unfair foreign advantages, and the need for yet more tariffs on foreign products to "save American jobs."

Sorry - Steve - I do not agree with your assessment on EVS - among others.
GM and TESLA actually have full production scale EVS with over 200 miles of range available today. THat they are in the process of producing several more models over the next two years - puts both ahead of the rest of the world right now. And both Tesla and GM have a lead in Autonomous features too - although that I do not care much for. BUT I note that GM 's largest market it NOT the USA - and the CHINESE market will continue to require different types of vehicles than those for our market - and THERE - GM does not really compete with FORD or CHrysler. SO I do not agree that GM produces for a closed economy.

WHat I see is the need for ALL auto companies to be able to produce an almost completely different line of vehicles that are not based on their ICE car platforms - BUT since I do not see the SALES of these vehicles to be all encompassing - they will still need to produce cars for their (For current vehicles) as well.

Actually - the cuts do not benefit FCA as much as they do GM and FORD - because the latter are actually based in the USA. ANd as it helps FCA to a lesser extent - the same is true for Toyota and Honda - and other foreign based companies. This has to do with which country they are "incorporated" in - and how their taxes compare to the new tax structure in the USA.

IT will of course help ALL car manufacturers that have production in the USA - and at a lesser amount for all that simply sell here. OF course - the question with here is how much profit is subject to US taxes and whether they can deduct foreign taxes from their profits when they bring them back home.

The problem in the USA - one of a HUGE hit to the deficit - means that it is unlikely these tax cuts will continue for a long time before the country changes parties again - which it always does. (No - I am not attacking Trump - this is a normal cycle)

You mean like the $10 Trillion deficit Barry gave us in 8 years? Love how NOW the deficit is an issue when it comes to people keeping their own earnings... MAGA!!!

The Fed gets about 9% of revenue from corporate taxes so I say completely eliminate it. Every company on the planet will relocate here and the income taxes paid by the employees will more than cover that 9%. But even what makes total sense will be demagogued to death by Socialists who actually claim they care about people, go figure.

And Steve writes another essay.