Announcement follows the collapse of U.S.-Canada trade talks that would have lowered duties on Canadian cars and light trucks to 15%. President Donald Trump said that tariffs on all cars, trucks, automotive parts and steel imported from Canada will rise to 50% on Jan. 1, 2027, escalating a trade dispute days after negotiations between the […]
U.S. Declines to Renew USMCA at First Joint Review as Auto Industry Presses for Extension
The Trump administration said it would not renew the pact in its current form, leaving trade rules that govern North America’s integraded auto-parts supply chain in force but unsettled. The United States, Mexico and Canada conducted the first mandatory joint review of the U.S.-Mexico-Canada Agreement (USMCA) on July 1, and U.S. Trade Representative Jamieson Greer […]
U.S. Caps Section 232 Tariffs on Taiwan Auto Parts at 15%
The U.S. Department of Commerce and the Office of the U.S. Trade Representative published a Federal Register notice May 28 capping Section 232 national security tariffs on Taiwanese automobile parts at 15%, implementing the tariff terms of an investment agreement the two governments signed earlier this year. The change is retroactive to goods entered for […]
U.S. CBP Building Refund System for IEEPA Tariffs
U.S. Customs and Border Protection (CBP) is developing a new system to process refunds of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), according to a declaration filed March 31 in the U.S. Court of International Trade. The development is significant for collision repair parts importers and aftermarket distributors who have paid IEEPA […]
Auto Care Association Webinar to Address Supreme Court IEEPA Ruling, Section 232 Auto Parts Tariffs
The Auto Care Association will host a webinar March 18 examining the implications of the U.S. Supreme Court’s landmark ruling striking down tariffs imposed under the International Emergency Economic Powers Act and other trade developments affecting automotive aftermarket importers. The session comes as the collision repair and automotive aftermarket industries navigate a rapidly shifting tariff […]
ABPA Joins Coalition of Associations Raising Concerns with Section 232 Tariff Inclusion Process
First two-week tariff inclusion window that could impact automotive parts imported into the U.S. opened January 1. The Automotive Body Parts Association (ABPA) joined 28 other national trade associations in a letter to the Office of Management and Budget raising concerns about the U.S. Department of Commerce’s Section 232 tariff inclusion process for steel and […]
Latest CCC Crash Course Examines How Economic and Supply Chain Disruptions Are Reshaping Claims and Repair Landscape
Rising tariffs, consumer financial pressure and increasing vehicle complexity are creating cascading effects throughout the claims and collision repair ecosystem. CCC Intelligent Solutions Inc. (NASDAQ: CCCS), published its third-quarter 2025 Crash Course report documenting how economic uncertainty is driving structural changes across original equipment manufacturers, suppliers, insurers and repair shops. The report draws from 300 […]
ABPA Joins Multi-Association Letter on Section 232 Steel and Aluminum Tariff Process
The Automotive Body Parts Association (ABPA) has joined a coalition of industry groups in signing a letter to the U.S. Commerce Department regarding recent changes to the Section 232 steel and aluminum tariffs. The letter, organized by the U.S. Chamber of Commerce, raises concerns about the expanded “inclusions process,” which now applies tariffs to hundreds […]
New Vehicle Sales Up 6.1% in August as Buyers Rush to Beat Price Increases
Consumers bring forward purchases in expectation of tariff related price increases and BEV tax credit expiration. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 16.1 million units in August 2025, marking a 6.1% increase from the same month last year, according to the National Automobile Dealers Association (NADA). Sales through the first […]
Strong US Property/Casualty Insurance Underwriting Profitability in First Half of 2025 to Continue
Fitch Ratings reports private passenger auto direct loss ratio down 6.3 points, tariffs could impact severity in second half of year. The U.S. Property Casualty (P/C) insurance industry reported very strong results for in the first half of 2025 (1H25), with a statutory combined ratio of 96.4%, down 1.2 percentage points year over year (YoY) […]
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