News & Events
AIADA provides its members with the information they need to be engaged and effective advocates for the international nameplate auto industry. See below for information on upcoming events, press releases, and publications—including AIADA's daily e-news digest FirstUp, quarterly magazine AutoDealer, and Chairman’s Blog.
Upcoming Event
Congress Split on Next Round of COVID Relief; AIADA, Autos Drive America Release Economic Report
Senate Majority Leader Mitch McConnell (R-KY) was forced to delay the planned release of the Republican draft of the next round of coronavirus relief due to divisions within his party over the plan’s contents.
Paycheck Protection Program Extended; USMCA Replaces NAFTA
This week Congress passed an extension to the Paycheck Protection Program (PPP), the small business coronavirus relief loan program, which had been set to expire on July 1st. The program will now accept applications through August 8th, and has approximately $130 billion in remaining funds.
USMCA Enters Into Force Next Week
Next Wednesday, July 1 the United States-Mexico-Canada Agreement (USMCA) will officially enter into force, replacing the 26-year-old North American Free Trade Agreement (NAFTA).
Senate Passes PPP Fixes; USMCA Auto Rules Finalized
This week the U.S. Senate overwhelmingly passed legislation, previously passed by the House last week, which will make changes to Paycheck Protection Program (PPP) to make it more accessible and allow for more flexibility for loan recipients.
House Passes PPP Flexibility Act; AIADA, Others Urge COVID Liability Protections
Yesterday the U.S. House of Representatives overwhelmingly passed bipartisan legislation that would make changes to the small business loan program to make it more accessible and allow for more flexibility for loan recipients.
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