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 events and webinars, Beltway Talk podcasts, press releases, and publications—including AIADA's daily e-news digest FirstUp, quarterly magazine AutoDealer, and the Chairman's Blog, Out of the Gates.
Upcoming Event
Endless Frontier Act Advances to Senate Floor; Commerce Secretary, Auto Execs to Meet on Chip Shortage
The Senate Committee on Commerce, Science and Transportation voted this week to advance the Endless Frontier Act, which would establish a $2 billion fund at the Department of Commerce to finance the production of mature semiconductor technologies, such as the chips used in automobiles.
Empty Lots, Angry Customers: Chip Crisis Throws Wrench Into Car Business
Americans are shopping for cars in near-record numbers, but the world’s computer-chip shortage has left dealers with the fewest offerings in decades, reports The Wall Street Journal.
When Political Talk Isn't Cheap
I don’t typically get too fired up over political speeches. After all, talk is cheap. I pay attention to actual legislation and what I can do, along with AIADA, to influence it. In this case, however, dealers everywhere should take notice. Because Joe Biden’s talk might not be cheap at all. It might be very, very expensive for international nameplate dealers.
Toyota Unfazed by Chip Shortage, Forecasts Rebound in Profit
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world's biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals, according to Reuters.
Nissan Posts Record Annual Loss Due to Pandemic, Chip Shortage
Nissan Motor Cop. reported a record annual loss on Tuesday as the coronavirus pandemic hit vehicle sales and a global shortage of semiconductors forced the automaker to cut production, reports Automotive News.
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