House Passes COVID Package but Deal Still Unlikely As Congress Readies to Leave Washington

You Auto Know 10/02/20

Despite the passage of a $2.2 trillion COVID package by the House this week, a deal on the next round of COVID relief remains a long shot before Congress leaves Washington and the campaign season kicks into high gear.  The Senate is unlikely to approve the bill, and Republicans and Democrats in Congress remain far apart on the price tag for the package and how the funds should be allocated.  Barring a significant breakthrough, a deal on the next COVID stimulus is unlikely before the election.  The House of Representatives will leave Washington today, and the Senate is currently scheduled to depart at the end of next week.

 

It’s election season and after a difficult year it’s more important than ever to stay in touch with legislators.  Sign up today for a Dealer Visit and AIADA will work with you and your Member of Congress on safe but effective meeting options.

 ICYMI

In case you missed it, the latest in AIADA’s AutoTalk Webinar COVID series are available NOW:

An Update on COVID’s Impact on Auto Sales (September 10, 2020)

Navigating PPP Loan Forgiveness (August 27, 2020)

What if My Employee Tests Positive for COVID-19? (August 13, 2020)

And don’t forget to sign up for our upcoming webinars TODAY!

Quote of the Week

The U.S. application of Section 232 tariffs on steel and aluminum from the EU and the threat to apply such tariffs on autos and auto parts are destructive…”

            - Marjorie Chorlins, Senior Vice President of European Affairs, U.S. Chamber of Commerce and Executive Director, U.S.-U.K. Business Council (www.uschamber.com)

Friday Feel Good

Here are JUST A FEW recent examples of how the international nameplate auto industry is doing good in communities across the US during the COVID pandemic:

Center Subaru in Connecticut, presented a donation for over $65,000 to Northwest Connecticut YMCA, part of Subaru’s Share the Love Campaign.

Lake Charles Toyota in Louisiana sheltered 31 people and nine animals Aug. 27 as the hurricane blew through southwest Louisiana, damaging homes and businesses.

We want to hear more about how you are supporting your local community during this difficult time – tweet us at @AIADA_News and use the hashtag #DealersDoGood.

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