-
Recent Posts
- Japanese Top Consumer Reports 2026 Automotive Report
- Trump Mis-Administration Proposes a Weaker CAFE
- Toyota 2026 Mirai – Cordless EV with 402 Mile Range
- Subaru of America November Sales Drop 10%
- American Honda Posts November Sales of 102,824
- BMW Group Increases Its CO2 Reduction Goals
- Hyundai Santa Fe Recall for Bad Rear-View Cameras
- F1 Driver’s Championship Goes Down to Last Race
- Visit Qatar to Be Principal Partner of Audi F1 Team
- New Mercedes-Benz Electric CLA to start at $47,250
- Nissan to Test Autonomous Mobility Service in Nada Gogo
- October UK Car and Commercial Vehicle Production Drops
- Thanksgiving 2025 Meets a Thankless Administration
- First and Last Look – BMW Z4 Final Edition
- U.S. November New Vehicle Sales Forecast Down
Recent Comments
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
- Cadillac Off-Roader – Elevated Velocity | AutoInformed on Annals of Marketing – Cadillac Opulent Velocity Concept EV
Archives
Meta
Tag Archives: Anderson Economic Group
Tariffs – Trump’s Next Economic Disaster Looming
Despite all the legal and political controversies surrounding the Trump Administration’s trade and tariff policies, there is emerging clarity in one area with a high potential for damaging the auto industry and the U.S. economy. Anderson Economic Group identified the threat of tariffs as a “two-alarm fire for the auto industry” as early as November 2024. It recently estimated the costs per car of tariffs on Mexico and Canada at $4000 to $10,000, based on its analysis of ten different vehicles from multiple manufacturers.
“The Trade Expansion Act (TEA) has clear statutory authority. It’s been used before. It’ll probably be used again, whether now or next year, said Patrick Anderson,* Anderson Economic Group CEO today speaking to the Automotive Press Association. Continue reading
Posted in auto news, economy, environment, financial results, fuel economy or emissions, manufacturing, news analysis, public health, Trump Truth Tests
Tagged Anderson Economic Group, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Patrick Anderson, The Trade Expansion Act. Automotive Press Association, Trump 2.0, X @KenAutoinformed
Leave a comment
Big Three UAW Strike Could Top $5B in Losses
“When the UAW went on strike against GM in 2019, Michigan experienced a single quarter recession,” said Patrick Anderson, AEG’s principal and CEO. That strike, which involved 48,000 workers at more than 50 plants, lasted six weeks. In 2023, there appears that at the moment there is the potential that a strike could involve more manufacturers, workers and plants, which makes theoretical comparisons difficult until there are more data points. “If that (all makers are struck) happens, even a short strike would impact economies throughout Michigan and across the nation,” said Anderson.* Continue reading
Trump Tariffs Hit N.A. Automakers $1.389B
“Tariffs hit North American automakers hard in July,” said Patrick L. Anderson, Principal & CEO of Anderson Economic Group. “The automakers made extensive use of temporary allowances that effectively allowed an exemption for the majority of both parts and vehicles through June. That changed in July for assembled vehicles, and we can expect that these costs will become embedded into the prices consumers are paying in the very near future.” Continue reading →