Automotive Tariffs Would Push Consumers to Buy Used Vehicles, Study Finds
Autolist polled 1,453 current car shoppers in late July to gauge the impact of potential tariffs on their vehicle purchase.
Automotive Tariffs Could Spur More Vehicle Thefts
“If something increases the cost or affects supply and demand, then it’s likely that thieves will take advantage,” NICB spokesperson Roger Morris told CBSNews.com.
Automotive Tariffs Would Put 100,000 Jobs at Risk, Auto Care Association Says
The Auto Care Association is urging the Trump administration to consider the ramifications of imposing tariffs on imported vehicles and auto parts.
Tariffs and Trade Drama Aren’t Going Away Soon, AASA Panel Says
Regardless of whether the Trump administration can broker a trade deal with China, panelists at the Automotive Aftermarket Suppliers Association’s (AASA) 2019 Vision Conference in Dearborn, Michigan, had a message for the automotive aftermarket: Expect trade drama with China to be a fact of life for the next several years.
Automotive Aftermarket Suppliers Association President Bill Long: ‘AASA Is Cautiously Optimistic’ About 2019
Bill Long: “In our meetings with members, we point to key market fundamentals that are in our favor, including the increasing number of vehicles on the road, the aging of these vehicles and the total number of miles driven. However, we discuss uncertainty in the market as well.”
63 Percent of Automotive Execs Believe USMCA Will Drive Production Costs Higher: Survey
While the majority of automotive executives believe the United States-Mexico-Canada Agreement (USMCA) will have a positive impact on their companies in the long run, many of them also believe the newly negotiated trade pact will increase their production costs in the short term.
Auto Care Association Calls on USTR to Adopt Product Exclusion Process for New China Tariffs
Last week, the USTR finalized the third Section 301 list of $200 billion in Chinese imports that would be subject to additional tariffs of 10 percent, effective Sept. 24.
Automotive Aftermarket Is Well-Positioned for Bull Market or Bear Market
“Regardless of what happens with the economy and the so-called record bull market, I think the $392 billion automotive aftermarket is in a good spot,” Counterman Editor Josh Cable writes.
Tariffs on Chinese Imports Would Push Vehicle Owners to Delay Critical Repairs, Auto Care Association Says
Auto Care Association President and CEO Bill Hanvey warned the Trump administration that the cost of an additional tariff would cause severe economic harm to the U.S. automotive industry and U.S. consumers.
Auto Care Association Joins Auto Groups Opposing Tariffs in Open Letter to President Trump
The open letter preceded the July 19 hearing at which the Auto Care Association was scheduled to testify before the U.S. Department of Commerce in opposition to the proposed higher import tariffs.