Auto Dealers React to President Trump’s Mexican Tariff Threat

Press Releases 05/31/19

Alexandria, VA (May 31, 2019) – Cody Lusk, President and CEO of the American International Automobile Dealers Association (AIADA), which represents America’s 9,600 international nameplate franchises and their 578,000  employees, has released a statement in response to President Trump’s latest tariff threat:

“Imposing new tariffs on Mexico really means imposing a new tax on American consumers, raising prices on everything from produce to pick-up trucks. Tariffs on Mexican imports will result in self-inflicted damage that the U.S. auto industry, which supports 7.25 million American jobs, is not prepared to absorb.”

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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