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AIADA

AIADA President Cody Lusk on how the Biden Administration will likely...

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As the COVID-19 pandemic persists, and the Biden administration enters the White House, many dealers are curious to know how new government leadership will impact the automotive industry. Recently, we spoke with Cody Lusk, president and CEO of the American International Automobile Dealers Association (AIADA), about the new administration and what priorities the association has […]
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tariffs

Auto industry leaders sue US over Chinese import tariffs

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Lawsuits have been filed with the Court of International Trade by four carmakers to recoup reimbursement for duties paid on car parts imported from China. The news story from has been reported by several news outlets worldwide including BBC, The Guardian, and Industry Leaders Magazine, again portraying the Trump tariffs in a negative light. Filings […]
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industry

CBT automotive newscast: September 29, 2020

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Today’s Featured Interview: NADA Vice Chairman Paul Walser reflects on COVID-19 challenges and looks ahead to 2021 With 26 dealerships, Walser Automotive Group is the 56th largest auto...
Trump

Trump Announces Tariff on Canadian Aluminum, Heating Up Trade Dispute

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On Thursday, August 6th, President Donald Trump announced the United States would be re-imposing 10 percent tariffs on aluminum imports from Canada. The highly controversial announcement comes just five weeks after the US-Canada-Mexico Agreement went into effect, replacing the old North American Free Trade Agreement. After initially imposing the tariffs on aluminum and steel in […]
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newscast

CBT Automotive Newscast: August 10, 2020

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Today’s Featured Interview: CBT News Market Update: Jonathan Banks, J.D. Power & Len Short, LotLinx Looking at the SAAR for July, auto retail came in at 14.5 million, higher than the initial projections of 14.3. This week, new car sales sat at 290,712 a 6.8% drop from this time last year. On the other hand, […]
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tariffs

Auto Tariffs Still in Play in Q1 2020

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In January, supply chain planning software solutions provider Kinaxis released predictions for 2020 in the automotive industry. While advancing electric vehicle development and continued mergers and acquisitions are predicted, they also predicted that tariff concerns would linger. The industry watched closely as the new NAFTA agreement, called the United States-Mexico-Canada Agreement (USMCA) was signed into […]
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AutoNation CEO Cheryl Miller Discusses Market Disruptors, Industry Turnover, and Tariffs...

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In part two of this CBT News exclusive, our host, Jim Fitzpatrick continues his conversation with Cheryl Miller, AutoNation‘s first female CEO, and first-ever female CEO of a publicly-traded auto group. The pair discuss how to combat high turnover rates, market disruptors like Tesla, EVs, ridesharing, and subscription models. Cheryl also weighs in on USMCA, […]
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peter welch

Best of 2019: NADA President Peter Welch Discusses Autonomous Vehicles, Ride-Sharing,...

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On today’s show, we’re so pleased to welcome back Peter Welch, President and CEO of NADA, to the CBT Network. In this segment, Jim and Peter discuss his latest article “Clicks, Bricks and Trust; Why The Dealership Matters To Every Generation,” as well as industry trends, disruptors, and uncertainty surrounding tariffs. [Previously recorded 11/26/19] VIDEO […]
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tariffs

New Developments in the On-Going Auto Tariffs Saga

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For the last several months, the Trump administration has pushed towards wide-scale tariffs on many imports. The White House sees these measures as part of a broader trade strategy, leveling the playing field for a more competitive US market. Tariffs would fall under Section 232 of the US trade law, which cites national security interests. […]
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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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