Government May Shut Down Tomorrow at Midnight
With the clock ticking, Congress will continue working today to pass the necessary legislation to avert a government shutdown, but divisions among the House Republican majority are keeping the chance of success far from certain. The government will shut down at midnight on Saturday if a deal is not reached on a stopgap funding bill, on which both the Senate and the House would have to agree. The Senate has announced an agreement in principle on a Continuing Resolution but has yet to vote. The legislation does not appear to have the support needed in the House to pass. The unfortunate passing of Sen. Diane Feinstein (D-Calif.) yesterday could change dynamics.
U.S. – E.U.
This week it was announced that the U.S. and E.U. will hold a high level meeting on Oct. 20 to include President Joe Biden, European Council President Charles Michel, and European Commission President Ursula von der Leyen. Late last week, U.S. Trade Representative (USTR) Katherine Tai expressed optimism that the U.S. and E.U. would be able to make positive strides toward agreement on issues that have been an irritant to transatlantic relations, including tariff-rate quotas on European steel and aluminum, and a potential critical mineral agreement.
UAW Strike
On Tuesday, President Joe Biden became the first sitting U.S. president to join a picket line when he joined striking UAW members in Michigan. Absent progress at the negotiating table, the UAW has said the strike will once again expand to additional plants today.
EPA Tailpipe Emissions Regulation
In April, the EPA issued its strictest-ever proposal for tailpipe emissions, which would effectively require that 67% of all new vehicles sold in the U.S. be all-electric by 2032. But the reality is that right now, EVs are piling up on dealer lots. The EPA proposal ignores the many headwinds for growing the sale of clean vehicles. The EPA’s proposed rule is expected to be finalized early next year and it’s crucial that dealers make their voices heard NOW before it’s too late. AIADA members are encouraged to contact their Members of Congress and ask them to tell EPA to pump the brakes and allow Americans to choose a vehicle that best meets the needs of their families.
Quote of the Week
“Consumers don’t want to be told what to drive. They want to pick it out for themselves.”
-Mike DeSilva, AIADA Chairman (CBT News)
ICYMI
In case you missed it, AIADA Chairman Mike DeSilva and President & CEO Cody Lusk recently joined CBT News for an interview. Check it out!
Friday Feel Good
Here is just one recent example of how dealers are doing good:
Grieco Honda in Rhode Island donated a wheelchair-accessible van to a local college student with spinal muscular atrophy. The college journalism student, Ciarra Muller, and her family originally contacted the company to refit their family van for a wheelchair. The dealership happened to have an accessible van that they felt would far better meet her needs than the family’s van, so decided to surprise them with it. Grieco Automotive Group also presented Muller with a $3,000 check to help her purchase school supplies. Her van will also receive free maintenance from the Honda dealership. (h/t CBT News)
We want to hear more about how you are supporting your local community – tweet us at @AIADA_News and use the hashtag #DealersDoGood.
