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Howard Hakes

AIADA Chairman Howard Hakes on NAFTA, Tariffs, and Vehicle Affordability

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This summer sure has been busy for Washington with U.S.-China trade war threats, CAFE regulations, and a historic cut in interest rates. And the folks over at AIADA have been following these developments closely and measuring the impact they will have on the industry. Recently, we caught up with Howard Hakes, the 2019 Chairman for […]
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Trade Deal

Automakers React Positively To Trade Deal Announcement

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In a show of optimism, auto shares rose following President Trump’s announcement of a new trade deal between the US, Canada, and Mexico on Monday. The agreement, if adopted, serves as a replacement to the North American Free Trade Agreement (NAFTA) and will be known as the United States Mexico Canada Agreement (USMCA). Part of […]
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NAFTA

Unofficial NAFTA Talks Are ‘Very Likely’ at Next U.N. Assembly...

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After making little progress with negotiations last Thursday in Washington, D.C., Canadian Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer are expected to once again hold informal NAFTA talks on the edge of the 73rd annual U.N. General Debate in the coming days. NAFTA, or the North American Free Trade Agreement is a […]
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Tarrifs

Trump’s Ramping Up On Threats for More Tariffs

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Despite the continuing pushback on President Donald Trump’s decisions on trade, an article from the Washington Examiner has reported that the White House is still considering imposing a 25 percent tariff on automotive imports. Over the past several months, along with imposing steep tariffs on aluminum and steel, Trump has also been ramping up more […]
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U.S.-Mexico Agreement

Auto Industry Gains a Slight Sense of Hope After U.S.-Mexico...

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After months of fear and apprehension regarding U.S. President Donald Trump’s tariff threats against other countries, a White House news release published on Monday reported that the U.S. and Mexico had made a preliminary agreement that will allegedly work to drastically decrease the U.S.’s trade deficit and “replace unfair deals with free, fair, and reciprocal […]
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Peter Welch

NADA President Peter Welch Talks About the Impact of Trump’s...

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Tariffs put in place by the Trump Administration went into effect last week. To talk about the impact these tariffs will have on the auto industry, National Automobile Dealers Association President  Peter Welch joins the CBT News Network. During our interview with Welch, we learned that there are many levels and different types of tariffs. […]
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NAFTA

The What, Why, and Who of NAFTA

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With all of the recent news about import tariffs and renegotiation of trade agreements, there is uncertainty about how all of this will affect the auto industry. Of all the talks, NAFTA seems to be the most important conversation surrounding trade and the U.S. auto industry. But what is NAFTA? The North American Free Trade […]
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Cody Lusk

“Every So Often Congress Does the Right Thing,” Cody Lusk...

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CBT Automotive has been keeping you informed on all developing updates pertaining to the Corporate Average Fuel Economy (CAFE), and the North American Free Trade Agreement (NAFTA) as Washington and the automotive industry meet in hopes to move forward with plans that support our nations dealers. Today on our CBT Newscast we had the pleasure of […]
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newscast

Will Dealership Valuations Change in 2018? | How much is NAFTA...

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  On today's CBT Newscast for Wednesday, January 24th, 2018: Will Dealership Valuations Change in 2018? - Kerrigan Advisors Market Update Ryan Kerrigan, Managing Director of Kerrigan...
newscast

Cox Automotive: Bridging the gap from online experience to showroom buying...

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On today's CBT Newscast for Wednesday, November 22nd, 2017: Cox Automotive: Bridging the gap from online experience to showroom buying Attribution, to some, is connecting online...