EV Tax Credit/Clean Vehicle Credit
The Inflation Reduction Act (IRA), which was signed into law on August 16, 2022, created a new “clean vehicle credit” which will replace the previous EV tax credit. The new $7,500 credit only applies to vehicles with final assembly in North America, and also sets strict new limitations on the origin of critical minerals and components of a vehicle’s battery as well as caps on consumer incomes and vehicle MSRPs. Read More
Federal Trade Commission/Regulatory Overreach
Recently, the Federal Trade Commission (FTC) announced a proposed rule, the Motor Vehicle Dealers Trade Regulation Rule No. P204800, which covers an extremely wide variety of business operations including advertising regulatory standards, vast disclosure enhancements and an onerous recordkeeping requirement. Read More
Last In/First Out (LIFO)
The Supply Chain Disruptions Relief Act, which would provide LIFO tax relief via Section 473 of the IRS Code for car dealerships using the LIFO accounting method, was introduced in both the House and Senate in early 2023. Read More
Arbitration
The Forced Arbitration Injustice Repeal (FAIR) Act has been re-introduced in both the House and in the Senate in the 118th Congress. The FAIR Act, which would prohibit pre-dispute arbitration agreements in civil rights, consumer, antitrust, and employment disputes, passed the U.S. House of Representatives in 2022 during the 117th Congress, but then failed to advance in the Senate. Read More
Right to Repair
The Right to Equitable and Professional Auto Industry Repair (REPAIR) Act, which seeks "to ensure consumers have access to data relating to their motor vehicles, critical repair information, and tools, and to provide them choices for maintenance, service, and repair of their motor vehicles," was introduced in early 2023. Read More
Estate Tax
The Death Tax Repeal Act was introduced in the House in early 2023. America’s international auto dealers are threatened every day with the prospect of losing their family businesses to the federal Estate Tax, more appropriately called the “Death Tax.” Read More
Issues Archive
Union-Only EV Tax Credit
- Union-Only EV Tax Credit One Pager
- Op Ed: Paying Consumers More to Purchase Union-Built EVs is Un-American
- Chairman's Blog: International Nameplate Dealers Are Under Attack
232 National Security Tariffs
- Oral Testimony of Cody Lusk During the Department of Commerce's Section 232 Hearing
- Comments Submitted to the Department of Commerce Regarding Section 232 Investigation
- One-Page: What Would a 25% Tariff Mean for the Auto Industry?
- Cody Lusk: Tariffs Are a Real Threat to the Auto Industry (Automotive News)
- Cody Lusk: Administration Must Put the Brakes on Move (The Hill)
Border Adjustment Tax (BAT)
- AIADA's One-Pager on the BAT
- CAR STudy Demonstrating Impact on U.S. Vehicle Prices
- AIADA President and CEO Cody Lusk's Letter to AIADA Members
- Watch: AIADA President Cody Lusk Tells CBT Automotive Network Why BAT is Bad News for Dealers
Free Trade Agreements
- Statement: Auto Dealers React to USMCA Passage
- AIADA President and CEO Cody Lusk's ITC Testimony
- NAFTA Two-Pager
- Peterson Institute for International Economics: NAFTA Materials
- Watch: NAFTA is Working for Americans
- Article: U.S.-Japan Trade Deal Versus TPP: Where It Falls Short, Where It Exceeds (Reuters)
- AIADA's Position Paper on the Trans Pacific Partnership (TPP)
- AIADA's Position Paper on the Transatlantic Trade and Investment Partnership (TTIP)
- AIADA's 2013 Comment Letter to USTR Supporting a U.S. - EU Trade Agreement