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Trade War Tariffs: Everything You Need to Know for the...

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There has been no shortage of back and forth in regards to the tariffs that have been threatened and implemented on other countries by the United States since Donald Trump took office. The first 7 months of 2019 have been no different, seeing as there have been countless meetings, talks, and negotiations between the U.S. […]
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Auto Retail’s Big Trends and Takeaways from the First Half...

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We are only six months into 2019, and there are already significant trends and takeaways for automotive industry analysts and dealers to dig into. Since last year’s gradual sales slowdown, many have wondered how 2019 would shape up. Expectedly, the answer is not as clear cut as many would hope. So far, 2019 has seen […]
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tariffs

Trump Administration Suspends Mexico Tariffs Indefinitely

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Last week, experts in many industries were quite stressed out over President Donald Trump’s plan to implement tariffs on Mexico if the country did not start doing more to curb illegal immigration into the United States. Friday night, some tension was lifted when he announced on Twitter that Mexico “has agreed to take strong measures” […]
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Mexico

Mexico Becomes the Latest Country to Come Under U.S. Tariff...

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This week, President Donald Trump has shifted his focus from looming tariffs on China to prospective tariffs on Mexico. Instead of tweeting or speaking about the possible 25% tariffs on Chinese goods like he has been for several months, Trump has switched gears and now proposed a 5 percent tariffs on imports from our southern […]
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tariffs

Trump Threatens 25% Hike on Tariffs for China

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Just two months after deciding to hold off on implementing tariffs on China, the Trump administration has announced plans to place them on $200 billion worth of Chinese goods, including cars and auto parts. For now, Japan and the European Union are immune from auto tariffs while negotiations are being made; however, the existing tariffs […]
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CPO

Dealers Turn to CPO Vehicles as High Prices and Interest...

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The first quarter of the fiscal year is officially over, and there are a lot of numbers and trends to break down. Here to talk to us more about March’s earnings is Karl Brauer, executive publisher for AutoTrader and Kelley Blue Book. Karl shares with us, his insight about this month’s winners, losers, the importance […]
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tariffs

Toyota’s Lentz Regarding Tariffs: “I’m Confident They’ll Make the Right...

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There is no question the Trump administration’s auto tariff threats have been looming over consumers and the auto industry for months. In March, Toyota Motor North America’s CEO Jim Lentz reported that as long as the administration takes production, employment, and sales into account, he is “confident” it will make the right decision. According to […]
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tariffs

The Industry is Coming Together to Oppose Trump Tariffs

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It’s rare to find something that creates as much unity in the car industry as President Trump’s proposed tariffs on automotive imports. Manufacturers, dealers, and mechanics are presenting a united front in opposition to the 25% tariff which will be brought before the president for a ruling on May 18th. Though the administration’s economic advisor, […]
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auto stocks

Is the Smoke of Falling Auto Stocks an Indication of...

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Auto stocks have been experiencing a downturn as of late. Last week, BMW may have only exacerbated the problem by revealing slow sales and a melancholy outlook for the future. “Political and economic developments in Europe remain increasingly uncertain,” BMW said in its annual report Wednesday. It specifically cited the “unforeseeable impact of Brexit” and […]
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Karl Brauer

Auto Industry Hits Some Headwinds in February with 2.8% Decrease...

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Top auto industry analysts have cited rising interest rates, import tariff costs, and cold weather as some of the reasons for February’s slow down in new vehicle sales. Here to talk to us more about February’s numbers is Karl Brauer, executive publisher for AutoTrader and Kelley Blue Book. Karl shares with us, his insight about […]
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