Vehicle affordability is a persistent challenge for consumers and dealers alike. Dealers want to have the inventory customers need at prices they can afford, and trade policies can have a significant impact on both vehicle prices and availability. The automotive supply chain is deeply integrated…
Vehicle affordability is a persistent challenge for consumers and dealers alike. Dealers want to have the inventory customers need at prices they can afford, and trade policies can have a significant impact on both vehicle prices and availability.
The automotive supply chain is deeply integrated across North America, with vehicles and parts often crossing borders multiple times before a vehicle reaches a dealership. NADA supports the United States-Mexico-Canada Agreement (USMCA) because a strong North American trading relationship helps manufacturers manage costs, maintain a diverse supply of vehicles and keep prices down for American consumers.
NADA also works with the administration and lawmakers to ensure they understand how tariffs on vehicles and auto parts can affect Main Street businesses and their customers. While tariffs can be an important tool to address unfair trade practices and protect U.S. interests, they can also increase costs throughout the automotive supply chain, ultimately putting additional pressure on vehicle prices.
NADA will continue advocating for trade policies that strengthen the U.S. auto industry while protecting vehicle affordability, availability and consumer choice.
