Tag: Tariffs
Auto Industry Hits Some Headwinds in February with 2.8% Decrease in...
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...
Trump Administration Puts Chinese Tariffs on Hold
Back in September of 2018, Paul A. Eisenstein of NBC News reported that U.S. President Donald Trump’s plan to implement tariffs automobiles and auto...
What’s Going on With Trump and Tariffs
President Trump’s race to make America’s economy great again pretty much stalled from the word “go” largely thanks to the Commander in Chief’s own...
Commerce Department Set to Release Report Regarding Imported Autos and National...
After a long wait, the U.S. Department of Commerce is set to release its report regarding the national security status of automotive imports. Throughout...
2018 NADA Chairman Wes Lutz Reflects on a Successful Year
The 2019 NADA Convention is officially in the history books, but before it ended we had a chance to catch up with Wes Lutz,...
How Rising Transaction Rates Could Affect Your Dealership’s Bottom Line –...
The auto industry ended on another high for 2018, and 2019 is poised to be another strong year as well. While higher interest rates and...
Five Major Automotive Industry Developments in 2018
In regard to the automotive industry, 2018 has been a year of continued innovation and various technological advancements. The year has also been a...
How GM’s Layoffs will Affect the Auto Industry in 2019
GM announced last week that it would close five factories and lay off nearly 15,000 workers in a move that may be indicative of...
Reasons Why Used Cars Have a Stronger Appeal than Ever
According to Edumunds.com and other experts in the industry, used car sales are expected to continue rising through 2020. An estimated 39 million used...
Studies Show Tariffs Will Lead to Steep Price Increases
By now, most have heard something about the Trump Administration’s planned auto tariffs. The president campaigned under promises to help a flagging auto industry...
