#WednesdayWisdom: Pop Quiz!

In 2015, international automakers in the U.S. directly employed how many Americans?

A) 52,050

B) 98,000

C) 113,900


E) None of the Above

Leave your answer in the comment section below, and click HERE to see What You Auto Know.

The Week in Review: The Week of October 10, 2016

Twenty-four days remain until this unprecedented election comes to an end. As the election takes a more intense and personal turn, media attention and focus on the presidential contest will only increase. This means that congressional incumbents and challengers will have an even tougher time gaining voters’ attention. One reporter made this observation about the historic nature of this election: “Four weeks to go, but I'll be writing about the 2016 election, in some way, shape or form, for the rest of my professional life. I'm 38.” Deadlines to register to vote have expired or are rapidly approaching so make sure your voice is heard. Click HERE to see your state’s voter registration deadline. Traveling on November 8th? Click HERE to request an absentee ballot from your Supervisor of Elections Office.

Now…This is what You Auto Know Now…

In 2015, how many American manufacturing facilities did international automakers operate?

A) 10

B) 17

C) 29

D) 36

E) None of the above

Leave your answer in the comments section below and click HERE for What You Auto Know Now.

CFPB Survives Legal Attack as Court Trims Director’s Power 

The Consumer Financial Protection Bureau survived a constitutional challenge and will remain in business, though a federal appeals court took away power from its director and tossed out a $109 million penalty against a mortgage company.

The long-awaited decision was a blow to the agency, which was created in the wake of the financial crisis to regulate mortgages, credit cards and other products directed at consumers. Ever since, it’s been the subject of almost constant criticism from Republicans and the industry, most recently when it scored its highest-profile victory to date, penalizing Wells Fargo & Co. for opening accounts without clients’ knowledge.

The appellate court found the CFPB to be “unconstitutionally structured” because the autonomy vested in Director Richard Cordray -- who could only be fired by the president and for cause -- was a “gross departure from settled historical practice.”

But the three-judge panel rejected calls to dismantle the agency, instead voiding the for-cause provision and making the director removable by the president at any time and for any reason.

To read more from Bloomberg, please click HERE.

The Senate: How the Challengers Rank 

How bad can it get for the GOP?

That’s the question party strategists are asking themselves this week after the revelation last Friday of a video in which Donald Trump bragged about sexually assaulting women. Already, former Trump supporters like Sens. Kelly Ayotte of New Hampshire and Rob Portman of Ohio, and Rep. Joe Heck of Nevada have decided to no longer back their own party’s presidential nominee. Other Republicans may not be far behind.

The truth is we won’t know until the end of the week, when post-debate polls come in, what the full extent of the damage is (if there’s much damage at all).

But we do have a strong sense now, with less than a month before Election Day, which nonincumbent Senate candidates are running strong races — and which ones aren’t. Even amid a tumultuous political climate, the individual candidates can matter a great deal.

A reminder: We did not rank the challengers in order of which seats are most likely to switch party control. This is an independent assessment of the nonincumbent candidates, regardless of whether we expect them to win. Factors like fundraising, biography, and presence on the campaign trail are part of the analysis.

The list is also mostly populated by Democrats, because so many Republican incumbents are running.

To see the complete list from Roll Call, please click HERE.

Could the House Really Flip? 

House Democrats are thinking the once unthinkable: They have a real shot at winning the lower chamber next month.

Such a shift would require a robust wave, as the Democrats would need to steal at least 30 seats from the largest Republican majority in decades.

But the implosion of Donald Trump's presidential bid — and the Republican civil war sparked by his incendiary campaign — has left Democrats with fresh new hopes that the GOP nominee will doom the Republicans down ballot and return the Speaker's gavel to Rep. Nancy Pelosi (D-Calif.) after six years in the minority wilderness.

On Wednesday, Democrats blasted out their first bit of evidence in the form of an internal poll finding that Stephanie Murphy, a Florida Democrat, has taken a 2-point lead over Rep. John Mica (Fla.), a 12-term Republican who has endorsed Trump.

To read more from The Hill, please click HERE.

In Trade News

John Kasich: Refusing to Ratify TPP Risks America’s Role as the World Leader (The Washington Post)

Clinton Raved About Trans-Pacific Partnership Before She Rejected It (Politico)

Trans-Pacific Partnership strengthens Our Economy, National Security (The Tennessean)

In Auto News

Yark Subaru Named Best Dealership to Work For (Automotive News)

BMW, Hyundai Top J.D. Power Tech-Experience Study (Detroit News)

Toyota: HQ, Scion Transitions Going Well (Ward’s Auto)

Friday Funny

Donald and Hillary - I've Had The Time of My Life

#WednesdayWisdom: Pop Quiz!

In 2015, how many American manufacturing facilities did international automakers operate?

A) 10

B) 17

C) 29

D) 36

E) None of the above

Leave your answer in the comments section below and click HERE for What You Auto Know Now.

The Week in Review: The Week of October 3, 2016

With the presidential election just over a month away, the Vice Presidential picks took center stage this week to debate.  While all eyes continue to be squarely focused on Clinton and Trump--and especially Trump's Twitter--the vice presidential candidates pushed hard for their tickets. Mark your calendars for this Sunday as the presidential contenders once again face off in St. Louis in the second series of debates. 

International Trade and International Automobile Dealers

Inside the beltway and back home, a spirited debate is underway about the United States' role in an expanding and increasingly connected global economy. All too often this debate minimizes a complex issue into a simple "us vs them" dichotomy that overlooks the real and tangible benefit to American businesses and consumers that comes with embracing open markets and global trade.

From my perspective, representing America's international nameplate automobile dealers of brands like Honda, Toyota, BMW and others, I know that many who are characterized as "them" are often among the most recognizable members of their communities. They are businessmen and women, sponsoring little leagues, participating in local chambers and economic development boards, and contributing substantially to the tax base needed to support and meet the needs of their communities.

The debate and associated rhetoric surrounding global trade is characterized by a prevailing sense of doom and gloom that breeds a palpable fear of job loss in historically competitive marketplaces. As leaders in the automotive industry, we seek to correct the misconception that when a consumer chooses to purchase an international nameplate vehicle from their local dealership they are in any way harming the U.S. economy or job market. It's quite the opposite. When you buy a Hyundai, or a VW, or a Nissan, that purchase creates good-paying American dealership jobs, from salespeople to technicians. And, more likely than not, that vehicle was built in an American plant by American workers. Fifty-six percent of all international makes sold in the United States are also built here in 17 plants located in nine states. Those manufacturing plants exist because of trade, and so do the more than 126,000 American jobs they directly create.

To read more for AIADA President in The Hill, please click HERE.

AIADA Has a New Look, Same Great Advocacy

AIADA Chairman Greg Kaminsky writes that earlier this week, AIADA unveiled a new logo in conjunction with the first of a series of pro-trade advertisements printed Automotive News. The refreshed look, which replaces our 15-year old red and blue logo, includes a stylized image of the United States Capitol dome, a visual reminder of AIADA's commitment to representing international nameplate dealers in Washington, D.C. Along with the new logo, AIADA kicked off an ad campaign in Automotive News earlier this week with the first of a series of pro-global trade ads designed to counter the anti-trade rhetoric crowding newspapers and airwaves today. Click here to see the ad. The ads will focus on the three pillars of trade: Community, Economy, and the Consumer. Our dealerships rely on trade for their very existence, so we must be relentless in support of trade, hammering home the value the global marketplace brings to our country. Read the rest of Kaminsky's column on AIADA's new look and trade campaign here.  

Everything You Need to Know About Trump and Clinton's Second 2016 Presidential Debate

Photo credit: Politico

When is the second debate between Hillary Clinton and Donald Trump?

The second debate will take place Sunday, October 9, 2016 at Washington University in St. Louis.

What time is the debate and how long will it last?

The debate starts at 9 p.m. E.T. and will go for 90 minutes without commercial breaks.

How can I watch the debate?

The debate will air on major television networks as well as the websites of the leading cable channels and C-SPAN.

How can I watch the debate online?

The websites for major television networks, including MSNBC and ABC News, will livestream the event.

To read more from Politico, please click HERE.

Rep. Kristi Noem: My Father's Tragic Death and Hillary Clinton's Tax Plan

You don't forget moments like this – the ones that come so unexpectedly, shoving a pit into your stomach.  I was 21-years-old and nearing the due date for my husband Bryon and my first baby. That's when the phone call came: "Kristi, your dad is stuck in a grain bin."  I knew instantly what it meant.

By the time I got to the farm, neighbors and friends had taken payloaders and ripped down the grain bin trying to find my dad.  When they finally did, our neighbors started doing CPR until the EMTs took over.  I followed the ambulance to the hospital with my family and the doctors fought to save him for hours.  Nothing worked.  That night, we lost my dad – this man who had seemed invincible to me.

Not too long after the accident, while we were still trying to pick up the pieces, our family received a letter from the IRS.  Because of this tragedy, one that undermined our sense of security, the death tax was now about to undermine our financial security.

To read more from Fox News, please click HERE.

Note: AIADA joined with over 3800 organizations and businesses and signed onto the Family and Business Estate Tax Coalition letter to Secretary Lew that defended the rights of small business owners against the Section 2074 regulation change. To view the letter, please click HERE.

In Trade News

When it Comes to Reducing Taxes, Free Trade Makes Us 'Smart' [The Hill]

White House's Last TPP Pitch to Congress: 'What's the Alternative?' [Roll Call]

More Wealth, More Jobs, but Not for Everyone: What Fuels the Backlash on Trade [The New York Times]

In Auto News

The Best Cars to Buy in 2017 [The Christian Science Monitor]

Feds Seek to Eliminate Traffic Deaths in 30 Years [The Detroit News]

Auto Sales Cool in September [Market Watch: AIADA News]

Friday Funny

BBC: Do New Yorkers Recognize VP Picks Pence and Kaine?

#WednesdayWisdom: Pop Quiz!

What percentage of the September U.S. auto market did international brands occupy?

a) 12%

B) 38%

C) 47%

D) 55%

E) None of the above


Please leave your answer in the comment section below and click HERE to see what You Auto Know Now.

The Week in Review: The Week of September 26, 2016

While the nation tuned in for Monday night’s first presidential debate, Congress faced a different showdown, once again over spending. Congress worked late to avoid the prospect of a government shutdown by week’s end. On Wednesday, a breakthrough occurred. Funding to help Flint, Michigan, in the wake of its water crisis was added to the Water and Redevelopment Act in the House, clearing the final obstacle to Democrat support for the Continuing Resolution (CR) in the Senate. The CR, a short term spending measure to keep the government funded through December, included funding to combat the Zika virus, then sailed through both chambers.

With the government funded through the beginning of December, both the House and Senate now return home for the October district and state work period. Many members will also spend the next several weeks campaigning for the opportunity to return to Washington in January. While schedules for October are filling up fast, there is time still to host your Member of Congress at your dealership. For more information on the Dealer Visit Program, please click HERE or email Sarah Martinez at Martinezs@AIADA.org. 

Now…THIS is What You Auto Know Now…

In 1979, international automakers' share of U.S. auto production was 1%. What was their share in 2015?

A) 33%

B) 46 %

C) 58 %

D) 62 %

Leave your answer in the comments section and click HERE to see What You Auto Know Now.

Congress Clears Bill to Prevent Shutdown

Congress hit the exits Wednesday night, with the House and Senate passing legislation to avoid a government shutdown and lawmakers skipping town until after Election Day.

The weeks-long funding fight was resolved rapidly after a bipartisan deal was hatched by House Speaker Paul Ryan and Minority Leader Nancy Pelosi to ensure that Flint, Michigan’s water crisis is addressed in the lame duck session.

The bill flew through Capitol Hill — first being passed by the Senate, 72-26, and hours later by the House, 342-85. The legislation, which had White House backing, would fund the federal government through Dec. 9, provide $1.1 billion to combat the Zika virus and send $500 million to Louisiana and other states facing natural disasters.

To read more from Politico, please click HERE.

GOP Senators Ask Treasury Department to Withdraw Estate Tax Regulations

More than 40 Republican senators, following the lead of business groups, are asking the Treasury Department to back off from a plan to tighten estate-tax rules on closely held businesses.

In a letter being sent Thursday, Sen. John Thune (R., S.D.), Finance Committee Chairman Orrin Hatch (R., Utah) and others say rules proposed in August would hit family-owned businesses.

“Treasury should pursue policies that encourage the creation and growth of family businesses and not propose regulatory changes that make it more difficult and costly for families to transfer ownership to future generations,” the letter says, urging the Obama administration to consider rules that would “more directly target perceived abuses.”

The government’s rules focus on what are known as valuation discounts. When businesses divide their ownership, the government lets them reduce that value for estate tax purposes, and more of the business can thus fit inside the $5.45 million-per-person exemption from estate and gift taxes.

Note: AIADA joined with over 3800 (no that’s not a typo) organizations and businesses and signed onto the Family and Business Estate Tax Coalition letter to Secretary Lew that defended the rights of small business owners against the Section 2074 regulation change. To view the letter, please click HERE.

To read more from The Wall Street Journal, please click HERE.

Congress Steamrolls Obama's Veto

Congress delivered a stinging rebuke to President Obama Wednesday as both chambers voted overwhelmingly to override his veto of a 9/11 victims’ rights bill.

It was the first time lawmakers had overturned an Obama veto, with Democrats deserting him en masse to enact the Justice Against Sponsors of Terrorism Act. The measure allows victims to sue foreign sponsors of terrorism for attacks that take place on U.S. soil.

The bill is aimed squarely at Saudi Arabia’s ruling family, which is suspected of links to the hijackers who flew planes into the World Trade Center and the Pentagon on Sept. 11, 2001. Fifteen of the 19 hijackers on 9/11 were Saudi citizens.

Saudi Arabia denies any connection to the attacks and lobbied fiercely against the bill.

The trouncing angered White House officials, who lashed out at what they saw as a wrongheaded move by lawmakers failing to consider the impact on U.S. foreign policy and personnel abroad.

To read more from The Hill, please click HERE.

In Trade News

Froman: Making the Strategic and Economic Case for TPP (Houston Chronicle)

Dingell Seeks Transparency in Trade Deal Negotiations (The Detroit News)

How Passing the Trans-Pacific Partnership Will Be Good for America (The Washington Post)

In Auto News

U.S. Dealerships' Employee Retention Slides, Study Finds (Automotive News)

2017 North American Car, Truck, Utility Vehicle of the Year Semifinalists (CNet.com)

Study: Consumers Want Option to Control Autonomous Cars (The Detroit News)

Friday Funny

Jimmy Kimmel: Lie Witness News - Presidential Debate Edition

#WednesdayWisdom: Pop Quiz!

In 1979, international automakers' share of U.S. auto production was 1%. What was their share in 2015?

A) 33%

B) 46 %

C) 58 %

D) 62 %

 Leave your answers in the comment section below and click HERE to see What You Auto Know Now.


The New York Times: Voter Registration Deadlines, State by State

Election Day is Nov. 8. But the vast majority of the 50 states do not allow voters to register that day. Here’s a rundown of the deadlines to register by state.

The “mail” dates refer to the day by which an application must be postmarked. States that offer registration on Election Day often have special requirements. On a desktop computer, you may search for your state’s name with keyboard shortcuts: Ctrl F on a PC or Command F on a Mac.

To see your state's voter registration deadline from The New York Times, please click HERE.

The Week in Review: The Week of September 19, 2016

With the end of the fiscal year and October 1st budget deadline looming, Senate Republicans unveiled a proposed deal yesterday to keep the government funded and pay for important budget priorities. However, Democrats have not yet signaled their support, and the House is waiting for the Senate to act on the Continuing Resolution before it takes action. While the election continues to dominate the headlines, Congress also held a hearing on CAFE Standards, and the administration unveiled new autonomous car guidelines.

Now This is What You Auto Know Now…

How many states have production facilities for international nameplate automakers?

A) 5

B) 12

C) 16

D) 23

E) None of the above

Leave your answer in the comments section and click HERE to see What You Auto Know Now.

GOP Puts Shutdown Squeeze Play on Dems

Democrats and Republicans are battling over whether aid for Flint, Mich., should be included in a government funding bill a week before a possible shutdown.

Republicans on Thursday presented what they said was a clean bill stripped of conservative policy riders, such as language blocking the administration from ceding authority over the internet, which had drawn objections from Democrats.

The bill would provide $500 million in relief to flood victims in Louisiana, West Virginia and Maryland, fund the battle against the Zika virus and provide aid to communities dealing with opioid addition. But it does not include aid for the community of Flint, where residents can’t drink the tap water due to high levels of lead.

Democrats expressed outrage on Thursday and argued the stopgap is not in fact “clean” because of what they see as a politically motivated decision to help some areas of the country while ignoring Flint.

Republicans are trying to put Democrats in a corner.

To read more from The Hill, please click HERE.

Upton: Roll Mpg Rules Back to ‘Reasonable’ Levels

Michigan’s top-ranking congressional Republican called Thursday for federal regulators to roll back a requirement that mandates automakers to achieve a fleetwide average of 54.5 miles-per-gallon for cars and light-duty trucks by 2025.

U.S. House Energy and Commerce Committee Chairman Fred Upton, R-St. Joseph, said during a hearing on Thursday that the stringent gas mileage rules should be adjusted “to more reasonable and achievable levels” when they come up for a Congress-mandated review in April 2018.

“There is no question that improved vehicle fuel efficiency is a worthy goal, but not if it is reached in a way that harms consumers. With the average cost of a new car at $34,000 and rising, we don’t need any unnecessarily costly Washington mandates,” said Upton.

To read more from The Detroit News, please click HERE.

GOP Mostly Powerless in Stopping Obama 'Midnight' Regulations

Republican lawmakers are bracing for a slew of last-minute rules and regulations, as well as more executive actions to place swaths of land under federal protection, during President Barack Obama's final months in office.

“Midnight regulations” are a feature of any lame-duck administration and represent a president's last opportunity to lock in rules on legacy issues. In many instances, GOP members acknowledge they are powerless to stop him.

Obama first served notice that he'd take such a tack in January 2014, when he vowed to use the legal authorities of the office of the president to act when Congress would not — or could not — do so. “We’re not just going to be waiting for legislation in order to make sure that we’re providing Americans the kind of help they need,” he said then. “I’ve got a pen and I’ve got a phone."

To read more from Roll Call, please click HERE.

In Trade News

Kevin Brady: Trade Deal Ball is in Obama's Court (Texas Tribune)

Finalize the Trans-Pacific Partnership While the Political Window is Still Open (The Los Angeles Times)

Joe Biden Says Chances of Congress Passing the TPP Are Slim (Forbes)

In Auto News

Millennials Want Cars—and Low Payments (Automotive News)

Toyota Spends to Defend Its Pickup Perch (Automotive News)

The Car Brands That Lure the Most Buyers From Other Automakers (Forbes)

Friday Funny


#WednesdayWisdom: Pop Quiz!

How many states have production facilities for international nameplate automakers?

A) 5

B) 12

C) 16

D) 23

E) None of the above


Leave your answer in the comments section and click HERE to see What You Auto Know Now.