Vice President—Industry, Labor & Economics at the Center for Automotive Research. Tweets are my own.
Feb 15, 2019 • 4 tweets • 2 min read
.@cargroup just released a new study on the cumulative impact of U.S. trade policy changes on autos and parts on consumer prices, employment, & economic output. Potential #section232 autos & parts tariffs comprise 90% of the impact on consumer prices. cargroup.org/wp-content/upl… 1/4
Average new car prices in the U.S. would go up $2,750.
Imported vehicles price increases $3,700.
Even vehicles made in the U.S. would see prices increase $1,900.
Used car prices & maintenance/repair costs would also increase.
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May 25, 2018 • 7 tweets • 2 min read
Does anyone remember this? This was one of the most depressing powerpoint slides of my career: automakers announced +/or executed the closure of 58 plants between 2005 and 2012. The former parts divisions closed another 40 plants during that time.
Automakers have announced North American investments totalling $119.5 billion since 2009 with THREE-QUARTERS of that investment in the United States...