NADA DIRECTOR’S MESSAGE BY RICK DeSILVA, JR., DIRECTOR, NADA NADA Advocacy Update NADA continues to advocate aggressively on issues critical to the retail automotive industry. The following is an update on key developments. Please feel free to contact me at rdesilva@libertycarsnj.com with any questions. TARIFFS The Trump administration recently announced a 25% tariff on heavy trucks imported from outside the U.S., effective October 1. This announcement regarding tariffs on foreign heavy-duty trucks follows two other significant updates: • On September 24, it was confirmed that the U.S. trade agreement with the European Union (EU) has been officially implemented, establishing a 15% duty rate on EU autos and auto parts that is retroactive to August 1. • On September 4, President Donald Trump signed an executive order to initiate a trade deal with Japan, which includes a 15% baseline tariff on automobiles. NADA has advocated against the imposition of tariffs on autos, trucks, and auto parts from U.S. trading partners with the Administration, emphasizing the effect tariffs will have on vehicle affordability, vehicle sales, and dealership viability. NADA has met with the White House, Office of the U.S. Trade Representative, Department of Treasury, Department of Commerce, other government agencies, and key Members of Congress to discuss the impact of tariffs on dealers and consumers. NADA and ATD are engaging the Trump administration to best inform its decisions regarding tariffs. We will continue to inform decision-makers in Washington that franchised auto and truck dealers are fully American businesses, predominantly small businesses, and that tariffs impact them regardless of whether they sell domestic or international vehicles. CARB ZEV MANDATE NADA, ATD, and the Alliance for Automotive Innovation recently filed a motion to intervene in California’s lawsuit against the Environmental Protection Agency (EPA). California filed this suit against the EPA hours after President Donald Trump signed three (3) Congressional Review Act resolutions that eliminated CARB’s ability to ban gas and hybrid cars, and diesel trucks further regulate NOx truck emissions. The lawsuit seeks to reinstate these regulations, known as Advanced Clean Cars II, Advanced Clean Trucks, and Omnibus Low NOx, respectively. In joining this suit, NADA and ATD protect dealers’ interests by opposing California’s efforts to revive its unobtainable standards that Congress properly recognized hurt vehicle affordability and are out of sync with customer demand. In the coming weeks, the court will rule on whether NADA and the Alliance can intervene in the suit in support of the EPA. EPA’S EV MANDATE In September, NADA and ATD submitted comments to the EPA supporting its plan to eliminate the previous administration’s unreasonable emissions standards. The Biden administration’s greenhouse gas (GHG) rules were premised on overly aggressive assumptions regarding future electric vehicle market penetration without proper consideration of lagging charging 11 NEW JERSEY auto retailer
RkJQdWJsaXNoZXIy MTg3NDExNQ==