Auto Dealers React to Approaching Tariff Deadline

Press Releases 05/15/19

FOR IMMEDIATE RELEASE
May 15, 2019
Contact: Libby Newman

Alexandria, VA (May 15, 2019) – The American International Automobile Dealers Association (AIADA), which represents America’s 9,600 international nameplate franchises and their 578,000  employees, is urging the White House to make a decision against  implementing Section 232 national security tariffs on imported autos and auto parts.

“Our cars and trucks are not a national security threat, period,” said AIADA Chairman and California auto dealer Howard Hakes. “As the 90 day deadline for a decision approaches, international nameplate auto dealers are looking to the president to put an end to all of the uncertainty of the past year and make it clear that our products, manufactured both domestically and abroad, are an economic engine for the United States, generating 2.47 million direct and indirect jobs and $68.8 billion in tax revenue annually.

Delaying this decision is, in itself, a decision to allow ambiguity and insecurity to shadow auto retailers and hinder growth within the industry.”

For more on the positive impact America’s international nameplate dealers have on our economy visit www.AIADA.org.

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About AIADA
Established in 1970, AIADA is and continues to be the only association whose sole purpose is to represent America’s international nameplate automobile franchises that sell and service the following brands in the United States: Acura, Aston Martin, Audi, Bentley, BMW, Ferrari, Genesis, Honda, Hyundai, Infiniti, Jaguar, Kia, Land Rover, Lexus, Maserati, Mazda, Mercedes, MINI, Mitsubishi, Nissan, Porsche, Rolls Royce, Scion, Smart, Subaru, Toyota, Volkswagen, and Volvo. These retailers have a positive economic impact both nationally and in the local communities they serve, providing over 577,000 American jobs. Visit AIADA online at www.aiada.org.

 

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