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Graham warns Obama trade agenda at risk

One of the Senate’s most vocal critics of China’s currency practices has warned President Barack Obama that his trade agenda is at risk because of the failure of U.S. negotiators to push for enforceable rules against currency manipulation in the proposed Trans-Pacific Partnership agreement.

“Mr. President, you are imperiling your own trade policy,” Sen.

Ford show refreshed Focus sedan

 

Ford would like you to know that the Focus is the best-selling compact car in the world, and it's not difficult to see why it's popular. The Focus always has been stylish, and adding in its European-style tight handling and excellent interior materials means that there's a definite appeal to the compact sedan and hatchback. Ford showed off the latest 2015 Focus at the 2014 Geneva International Motor Show last month, but now it's time to see the sedan version, which is more popular in the U.S.

Cadillac sets ambitious sales goals for 2014

Cadillac hopes to grow by double-digit percentages this year globally and in the U.S. as it expands its footprint in China and adds new models to its American lineup.

General Motors Co.’s luxury brand sold nearly 251,000 vehicles last year as global sales jumped 28 percent and U.S. sales rose just shy of 22 percent.

Cadillac will launch three new or refreshed models in the U.S. this year: The 2014 ELR plug-in hybrid coupe is just getting into showrooms. The 2015 Escalade SUV will arrive in dealerships this spring. And the 2015 ATS Coupe arrives at dealerships this summer.

Ford to Oppose Trans-Pacific Trade Pact Without Currency Limits

Ford Motor Co. (F:US) said it will oppose the Trans-Pacific Partnership if the trade agreement doesn’t limit a country’s ability to manipulate its currency.

The proposed pact “is not likely to generate any net benefits for American manufacturers if it does not address the critical issue of currency manipulation,” Joe Hinrichs, Ford’s president of the Americas, said in a Feb. 6 speech at the Chicago Auto Show.

Ford steps up pressure over TPP

America's car industry has plenty to thank President Barack Obama for, but it's still unhappy with a flagship trade deal that the White House is negotiating.

The carmakers want the Trans-Pacific Partnership (TPP), a free trade agreement with 11 Pacific nations, to include provisions to stem what they claim is the deliberate weakening of the yen by the Japanese government, something they argue hands an unfair advantage to Japan's car manufacturers, writes the FT's Aaron Stanley.