Despite this strong performance, tariffs are estimated to add $4,275 in cost per vehicle on average and many OEMs report significant impacts to their bottom line.
Posts tagged as “tariffs”
The ABPA has been proactive by asking the U.S. Commerce Secretary to pause the auto parts tariffs, but policymakers still need concrete data from the field.
Presentation will provide an overview of the latest trade and tariff policy developments, including key regulatory updates, enforcement actions, and insights on what may be coming next.
Across the board, businesses are increasingly worried about rising costs and weakened competitiveness, particularly in relation to China.
As tariffs continue to dominate the headlines, SEMA breaks down the latest news and what it means to the specialty equipment industry.
Lower new vehicle sales will ratchet up competition between dealers and independent shops in the repair and maintenance of ICE vehicles.
Under-powered new vehicle sales will impact the aftermarket in at least five ways, providing long-term opportunity.
