In an article from the August 18 Business Insider, “These are the states that would be wrecked by Trump’s proposed tariff on cars,” Bob Bryan writes about how the president’s proposed 25% tariff on imports would devastate some states’ economies. Read the article here. Although these tariffs were on hold at the time of this writing, the tariff proposal is sending chills down … [Read more...] about Dealers and States Gear Up for the Terrible Tariffs
San Francisco — August 21, 2018 — Fewer than a third of consumers agree with the proposal by the Trump administration to roll back fuel economy standards in the U.S., according to a recent study by Autolist.com. Just 29% of those polled said they agreed with the August 2 recommendation by the Environmental Protection Agency and the Department of Transportation. Forty-one … [Read more...] about Study: Fewer Than a Third of Consumers Support EPA Proposal to Roll Back Fuel Economy Regulations
President Trump’s recent tariffs on steel and aluminum imports have posed serious drawbacks for the automotive industry, particularly for car dealers. While the aim of this recent policy is to keep American jobs by adding taxes to goods imported from other countries, it could have a more detrimental effect. In fact, it could end up costing jobs and dropping sales … [Read more...] about What Are the Potential Impacts of Steel and Aluminum Tariffs on Dealers?
Alexandria, VA — March 1, 2018 — The American International Automobile Dealers Association (AIADA) today expressed opposition to President Trump's plan to place a 25% tariff on steel and a 10% tariff on aluminum imports. Both metals are crucial to the production of cars and trucks sold in America today and would raise the sale prices of those vehicles substantially. In … [Read more...] about Dealers Object to White House’s Steel and Aluminum Tariffs
As of June 20, the first 150 days of the Trump administration had come and gone. Regardless of which side of the aisle you hail from, it is safe to say the days have been interesting, different, confusing at times, and either productive or a failure depending on your point of view. The question that concerns us, however, is: What has changed in the industry? Business as … [Read more...] about 150 Days of New Presidential Administration: No Changes to Dealership Compliance Requirements