If the USMCA is implemented, it will solidify a favorable trading relationship with Canada and Mexico and ensure the continuation of tariff-free exchanges of vehicles and auto parts across North America, the largest source of vehicles sold by U.S. dealers.
More than 450 new-car and truck dealers and association executives traveled to the nation’s capital this week to take part in NADA’s 45th annual Washington Conference and Congressional fly-in, stepping up their advocacy efforts to shape the federal laws and regulations that will impact their industry for years to come.
More than 450 of NADA’s most politically active members, including new-car and truck dealers, national board members and state association leadership traveled to the nation’s capital this week for NADA’s annual Washington Conference and Congressional fly-in.
A broad-based tariff on imports from Mexico equates to a consumer tax that would have a detrimental impact on the automotive industry and hurt vehicle affordability for customers.
NADA understands and appreciates the Administration’s attempts to level the trade playing field and eliminate unfair trade practices, but broad-based tariffs on autos and auto parts would be the wrong tool for the job…
Closing out a packed agenda at the annual NY Auto Forum, Bob Carter, Toyota’ EVP of Sales discussed dangers posed by tariffs, suggested a reality check for EV demand and shared some thoughts regarding the future of personal vehicle ownership.
If there is strength in numbers, America’s franchised auto dealers are stronger than ever, as nearly 500 dealers and dealer association executives representing all 50 states gathered in the nation’s capital this week for NADA’s annual Washington Conference and Congressional fly-in.
Center for Automotive Research Study Shows Auto Tariffs Leading to Dramatic Vehicle Price Increases, Job Losses and Economic Consequences
The Center for Automotive Research found that under a 25% tariff on all imports and parts, “consumers would see the price of the typical vehicle sold in the United States rise by $4,400.