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The Auto Care Association issued a member alert yesterday to announced that the Trump administration announced that the U.S. will impose a 10% tariff effective Sept. 1, 2019, on imports from China included on List 4 of the Section 301 investigation. Valued at approximately $300 billion, the List 4 investigation was previously placed on hold following President Trump and Chinese President Xi’s meeting on the sidelines of the G20 summit in June 2019. |
Representatives from MANN+HUMMEL’s North American aftermarket brands recently visited Capitol Hill to express their support for H.R. 906.
Representatives from MANN+HUMMEL's North American aftermarket brands, which includes WIX Filters, Purolator Filters and MANN-FILTER, recently visited the legislative staff of U.S. Rep. Jeff Jackson of North Carolina’s 14th Congressional District. The purpose of the visit was to express support for the Right to Repair campaign.
This measure contains the restoration of one year deductibility of research and development expenses, a key legislative priority for the association.
The Tax Relief for American Families and Workers Act of 2024 benefits specialty automotive aftermarket businesses, according to SEMA.
The Automotive Service Association says the legislation is beneficial for independent automotive repair businesses.
“Congress must restore this tax provision to enhance U.S. competitiveness, job creation and innovation as soon as possible,” said Ann Wilson, MEMA’s executive vice president of government affairs.
Glick discusses whether trade issues, particularly with China, will be decisive in the upcoming election, among other topics.
Bill Russo offers predictions for 2024 and beyond for the China automotive industry and its key players, among other interview topics.
Chijet Motor Company, Inc., a high-tech company engaged in the development, manufacture, sales and service of traditional fuel vehicles and new energy vehicles (“NEV”) in China, announced a strategic cooperation framework agreement with Changsha Automobile Innovation Research Institute and Zhiche Xinan (Suzhou) Information Security Technology Co. Ltd., that it said is aimed at significantly boosting
The company plans to extend its ADAS coverage to 200 cities across China by early 2024.
