Cody Lusk: Fighting for America's Import Dealers Every Day

First Up 08/07/18

Cody Lusk: Fighting for America's Import Dealers Every Day
AIADA President and CEO Cody Lusk is on the cover of this month’s Car Biz Today Magazine, talking to the publication about his work on behalf of international nameplate dealers in Washington, D.C., and providing his perspective on some of the industry’s pressing issues. Lusk noted that if an auto import tariff is levied, it could potentially force the cost of cars up thousands of dollars. He is also concerned that not only will the auto business suffer, but it will affect the U.S. economy as a whole. Read the rest of his interview with Car Biz Today Magazine by clicking here. 

Subaru Joins Toyota in Expecting 'Big Impact' From U.S. Auto Tax
Subaru Corp. reported a sales slide in the U.S., its largest market, and predicted a “big impact” from President Donald Trump’s proposed tariffs on imported vehicles following the escalation of a global trade war, reports Bloomberg. Unit sales in the U.S. dropped about 14 percent to 149,800 vehicles in the three months through June 30, the company said in a presentation Monday. For the year that ended in March, only half of the 670,900 vehicles it sold in the U.S. were produced locally, meaning that the remaining units, imported from Japan, would be subject to any additional import taxes put in place by the Trump administration. Subaru joins its largest shareholder Toyota Motor Corp. in warning about repercussions from a potential U.S. auto import tariff, echoing sentiments from global peers including General Motors Co. Read more here. 

Tariffs Could Raise Price of America's Favorite Car by $5K
Tariffs on cars and car parts could raise the price of the Ford F-150 by as much as $5,000, reports 24/7 Wall St. The increase would be a huge blow to the already beleaguered Ford Motor Co. Several other car companies could have similar problems. A survey by credit firm Experian breaks down where the most popular cars in America are made, along with where their parts come from. The Ford F-Series, for example, is made in the United States, and 65 percent of its parts are made “locally.” Tariffs on foreign parts would raise the price of the vehicle by between $2,572 and $5,746. The two other most popular vehicles sold in the United States face similar issues. General Motors Co. sells the second most popular vehicle in America, the Chevy Silverado. The price of the pickup will rise between $3,993 and $7,650 according to the research. Read more here. 

California Returns Fire at Trump's Call to Rescind Its Authority
Last week, President Donald Trump proposed gutting California's unique ability to write greenhouse gas emission limits for cars and trucks. Now, reports Automotive News, California is firing its own heavy artillery. The state plans to force carmakers to continue complying with Sacramento's rules, even if Trump weakens those set in Washington. This de-coupling, set forth in a regulatory filing to be released Tuesday, is California's biggest salvo in the escalating fight over Trump's fuel-economy and tailpipe emission plans. It could spark years of litigation and create a patchwork of standards that vary from state to state. But Mary Nichols, head of California's Air Resources Board, said she had no choice. "In case someone might think that the change in federal standards would make it easier to comply in California, it was very important for us to make clear that this is not the case," Nichols said in an interview. Read more here. 

Robotic-Car Law Hits Roadblock in Senate
A group representing trial lawyers is putting up roadblocks to a self-driving car bill in the U.S. Senate, objecting to a lack of protections that would ensure the right to sue if someone is hurt or killed in a self-driving car, reports The Detroit News. Supporters of the measure championed by U.S. Sen. Gary Peters are considering attaching it to a must-pass bill that provides funding for the Federal Aviation Administration in a bid to get it to the president's desk. The Washington, D.C-based American Association for Justice, which lobbies for trial lawyers who typically represent plaintiffs, says the Senate self-driving bill should be amended to include language which ensures victims are not forced into arbitration. The argument appears to be holding sway with some U.S. senators. At least five have publicly expressed concerns about the measure, pointing to recent crashes involving Uber and Tesla vehicles that were operating autonomously or semi-autonomously. The opposition has thus far prevented the self-driving bill from being quickly passed in the notoriously deliberate upper chamber. Read more here. 

The 2018 Federated Challenge® Raises Millions for Big Brothers Big Sisters 
More than 50 prominent businesses and several hundred private citizens gathered at The Saint Paul RiverCentre in St. Paul, Minnesota, on Sunday, July 29, 2018, for the fourteenth annual Federated Challenge supporting Big Brothers Big Sisters. Overwhelming generosity on the part of corporate sponsors and attendees generated more than $2.8 million during this charitable event. One hundred percent of the money raised will be donated to the three Minnesota Big Brothers Big Sisters agencies and Big Brothers Big Sisters of America. These monies support on-going operations and the Federated Challenge Scholarship Fund. The scholarship fund provides up to $5,000 per year to qualified Littles and high school-aged Bigs enrolled in a non-four-year program at a trade or technical school or community college that focuses on career-ready skills training. Read more here. 

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