Reserve your registration and housing for NADA Show 2019 in San Francisco beginning July 23, 2018.
Last week, 38 heavy-duty truck dealers and Automotive Trade Association Executives (ATAE) from 17 states attended ATD’s legislative fly-in. In all, 92 meetings were held on Capitol Hill to rally congressional support for S. 3052 and H.R. 2946, bills that would repeal the FET.
The Trump Administration announced in late May that it was initiating an investigation that could result in a tariff of up to 25% on imported automobiles and automobile parts.
For businesses like Southern Auto Group, the U.S Department of Labor – through its HIRE Vets Medallion Program – will recognize employers who recruit, retain and employ veterans, and who offer charitable services in support of the veteran community.
“It’s the highest excise tax Congress levies on a percentage basis on any product, including alcohol and tobacco,” said ATD Chairwoman Jodie Teuton. “It’s time for Congress to repeal this tax.”
Truck manufacturers, suppliers and industry stakeholders — along with dealers — stand a better chance of repealing the FET if we do it together.
In a new MyDealership.org video, ATD Chairwoman Jodie Teuton discusses the importance of dealerships to their local communities as employers offering well-paying career opportunities and generating taxes to support local and state governments.
In today’s market, America’s new car and truck dealerships sell around 50,000 new cars and trucks a day. Consumer access to affordable credit at dealerships, and interest rate discounts that local dealerships can provide their customers, are keys to driving those sales.
Our program helps dealers to offer competitive rates to our customers while abiding by the nation’s fair credit laws. It’s good for our customers, good for our businesses, and implementing it is the right thing to do.