U.S.-Mexico NAFTA Update Includes Revised Auto Rules of Origin
According to multiple news sources, the updated auto rules of origin require that 75 percent of a vehicle’s content come from North America – up from the current 62.5 percent – to receive duty-free treatment.
Automotive Tariffs Would Push Consumers to Buy Used Vehicles, Study Finds
According to a study conducted by Autolist.com, 41 percent of current car shoppers polled said that tariffs on new vehicles would cause them to buy a used vehicle.
Classic, Used Cars Falling Victim to US Trade War
The trade war between the United States and Europe may lead to severe repercussions for car enthusiasts worldwide. While the trade war is aimed at new car manufacturers, it’s one classic car and even used car buyers worldwide can fall victim to.
BSB Weekly Top News Recap: June 11-15
Missed an update? No problem! Here are stories that have been topping the charts with our readers all this week.
Analysis: Trump’s Proposed Auto Tariffs Would Reduce U.S. Auto Jobs
A new analysis by the Peterson Institute for International Economics concluded that if Trump raises U.S. duties to 25 percent on all automobiles and auto parts, there could be a loss of 195,000 U.S. auto industry jobs in a one- to three-year period.
Auto Care Association Pens Letter Urging White House to Reconsider Steel and Aluminum Tariffs
“Based on the fact that there are few parts necessary for the upkeep of a vehicle that do not contain significant amounts of steel and aluminum, this action will have a significant negative impact throughout the supply chain, including many small medium and small businesses and their employees that comprise the auto care industry,” said Bill Hanvey, president and CEO, Auto Care Association.
CARSTAR Opens Two Dealership-Based Locations in Ohio
CARSTAR Auto Body Repair Experts announced the opening of two new dealership-based locations in Ohio.
CARSTAR Kraemer Collision Center Moves to New Location in Anaheim, Calif.
CARSTAR Auto Body Repair Experts announced that CARSTAR Kraemer Collision Center, a member of the CARSTAR family since 2013, has moved to a new facility at 2841 E. La Palma Ave. in Anaheim, Calif.
Auto Care Association Announces Details for 2018 Trade Mission to Costa Rica
The Costa Rica trade mission is a business development opportunity designed to assist U.S. companies in the automotive industry with gaining firsthand market information and meeting with potential clients and partners.
Auto Care Association Releases 2018 State of Auto Care Report
The 2018 State of Auto Care report is a comprehensive resource of the industry’s key facts, most pressing issues and how the Auto Care Association is addressing them from every possible angle.