-
Recent Posts
- Audi Airbag Recall – RS E-TRON GT and E-TRON GT
- Ford Recalls Expedition and Navigator SUVs for Bad Brakes
- Porsche 911 GT3 – Sets Nordschleife Record
- Q1 2025 U.S. EV Sales Up 10%. Tesla Down
- Trump Tariff Pandemic is Crisis for the U.S. Auto Industry
- VW Shows 2026 Tiguan SEL R-Line Turbo
- Kia EV4 Sedan Debuts in New York
- Subaru Debuts New Trailseeker and Revised Solterra SUVs
- Kia 2026 K4 Hatchback Debuts in New York
- FIA WEC – Aston Martin Valkyrie Makes EU Debt at Imola
- UAW Members OK Strike at General Dynamics Electric Boat
- Porsche Taycan Hybrid Airbag Recall
- Blank Screen – Audi Instrument Panel Software Recalls
- Dark Roadways Deadly for Cyclists, Pedestrians
- Annals of Marketing – McMurtry Upside Down Spéirling
Recent Comments
- Council for Foreign Relations on April Fool’s Day – Trump Tariffs Hurting Economy
- Ford Motor Statement on Trump Pause on Trump Tariffs – His Next Economic Catastrophe
- Douglas Irwin on Trump Tariffs – His Next Economic Catastrophe
- AutoCrat on Nissan and Honda Sign Integration MOU!
- US Auto Sales Forecast Trump Bump or Bumpy 25? | AutoInformed on Trump Presidency Effects on Auto Industry – All Bad?
Archives
Meta
Tag Archives: Patrick Anderson
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
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 →