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USMCA

What Effect the USMCA Will Have on the Automotive Sector

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The United States has ratified the United States-Mexico-Canada Agreement on April 24th and has notified its trade partners in the agreement. That makes way for the USMCA to go into effect on July 1st, 2020, according to U.S. Trade Representative Robert Lighthizer. It comes at a crucial time for the American economy. Virtually all industries […]
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AutoNation CEO Cheryl Miller Discusses Market Disruptors, Industry Turnover, and...

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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,...

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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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USMCA

Auto Industry Leaders Express Support for USMCA and Urge Congress...

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With bated breath, many in the automotive industry have been waiting for the word on the United States-Mexico-Canada Agreement (USMCA) and how it will improve upon the (North American Free Trade Agreement) NAFTA that has been in place since January 1994. In recent months, there has been much uproar over the potential for automotive tariffs. […]
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USMCA

Eyes on Auto Industry as USMCA Nears Ratification

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A cornerstone of the 2016 elections was the North American Free Trade Agreement (NAFTA). Put simply, candidate Trump did not like it. He promised that upon his election he would replace it with a better deal, and as president he has been working toward just that. The United States Mexico Canada Agreement (USMCA) aims to […]
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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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