Tag: Tariffs
Auto Industry Gains a Slight Sense of Hope After U.S.-Mexico Agreement
After months of fear and apprehension regarding U.S. President Donald Trump’s tariff threats against other countries, a White House news release published on Monday...
Auto Industry Relieved after Tariff Truce With EU
The U.S. Automotive Industry breathed a collective sigh of relief late Wednesday after news that Donald Trump had decided to ease moving forward in...
NADA President Peter Welch Talks About the Impact of Trump’s Proposed...
Tariffs put in place by the Trump Administration went into effect last week. To talk about the impact these tariffs will have on the...
Tensions Intensify as Tariffs Take Effect
As promised by both countries, the United States and China have each implemented $34 billion in tariffs on goods. Bloomberg News has now reported...
June’s Cautious Optimism: Auto Sales are Up, But for How Long?
Click here, to see June Sales Totals for 2019
Talk about hitting it right on the nose. June’s overall auto sales came in at analyst’s...
Automakers Bracing for Potentially ‘Devastating’ Tariff Consequences
In addition to Daimler AG, other automobile makers have now spoken out against President Donald Trump’s proposed tariffs. A Bloomberg article published on July...
Mike Jackson, AutoNation CEO: A Trade War will be “Inflationary”
AutoNation’s CEO and Chairman, Mike Jackson, is the latest executive to speak out against President Donald Trump’s proposed tariffs on cars and SUVs being...
EU Auto Tariff Threats Causing a Firestorm of Fury
President Donald Trump has certainly shaken up the automotive industry with his proposed 20% tariffs on automobiles assembled in the European Union (EU) if...
Daimler Profit Projections Lowered with Escalating Trade Tariffs
Mercedes Benz’s parent company, Daimler, has reported that the escalating trade war between the United States and China is the reason they have cut...
Tumultuous Auto Sales Forecast for Remainder of 2018
After a seven-year run of consecutive annual auto sales increases in the United States, the final sales figures for 2017 showed a regression of...
