-
Welcome to Auto Parts Forum
Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn.
-
Similar Topics
-
By Counterman
MEMA, The Vehicle Suppliers Association, welcomes the news reported on February 3, 2025, that the United States (U.S.) has reached agreements with both
link hidden, please login to view and link hidden, please login to viewto delay the implementation of proposed tariffs and engage in further discussions over the next month. This period of negotiation provides an opportunity to explore solutions that achieve shared objectives while maintaining the strength and stability of North American trade, MEMA said. The vehicle supplier industry remains the largest sector of manufacturing jobs in the U.S., and the relationships between the three nations are a key facet of the industry’s daily operations and competitiveness. In a news release, MEMA also said “We recognize and respect President Trump’s commitment to addressing critical challenges concerning border security and fentanyl trafficking and appreciate this opportunity for the three partner nations in North America to engage in productive negotiations. A collaborative, strategic approach will be key to ensuring that these efforts meet their intended goals without disrupting the highly integrated North American supply chain that supports U.S. jobs.
“The unique partnership between the United States, Canada and Mexico has enabled the creation, over many decades, of a robust automotive and commercial vehicle industry and strengthened US manufacturing competitiveness globally.
“As discussions continue,
link hidden, please login to view will work with the administration, Congress and industry partners to support policies that protect supply chain resilience, investment and affordability for consumers. We look forward to continued dialogue that fosters solutions benefiting all stakeholders and reinforces the critical role of trade in driving economic opportunity.” The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
*After this statement was released, Mexico President Claudia Sheinbaum announced on X (formerly Twitter) that the U.S. and Mexico have reached an agreement to delay tariffs for a month. In exchange, Mexico will be putting 10,000 National Guard troops on the Mexico/U.S. border as conversations between the countries continue.
On February 1, 2025, President Donald J. Trump
link hidden, please login to view: An Executive Order expanding a previous Executive Order (Declaring a National Emergency at the Southern Border – Proclamation 10886, Jan 20, 2025) to include Canada and China and to reiterate a national emergency under the International Emergency Economic Powers Act (IEEPA) and the National Emergencies Act (NEA). An Executive Order imposing a 25% tariff (ad valorem rate of duty) on all goods entering the United States from Mexico. An Executive Order imposing a 25% tariff (ad valorem rate of duty) on all goods (except energy resources) entering the United States from Canada. Energy resources will be subject to a 10% tariff. An Executive Order imposing a 10% tariff (ad valorem rate of duty) on imports from China. Trade Authority: These new tariffs are being implemented under the International Emergency Economic Powers Act (IEEPA). Under IEEPA, the President has the ability to take certain actions quickly after declaring a national emergency. The President may terminate the emergency. The U.S. Congress, “could terminate the underlying national emergency by enacting a joint resolution of disapproval.”
Source: Congressional Research Service
Timeline: The tariffs will go into effect at 12:01 a.m. eastern time on Tuesday, February 4, 2025. There is currently no date by which the tariffs will sunset.
Existing Tariffs: The new tariffs articulated in these Executive Orders will be imposed on top of any prior and existing “duties, fees, exactions, or charges applicable to such imported articles.”
Items Covered by the Tariffs: At this time, it appears that all items will be subject to the 25% tariff except in the case of Canada, where a lower 10% tariff will be applied to energy resources. The Trump Administration will publish a Federal Register notice containing the specific HTSUS (Harmonized Tariff Schedule of the United States) codes. This notice is not yet available.
Goods in Transit: The Executive Orders concerning Canada, Mexico, and China note that the duty will apply, “except that goods entered for consumption, or withdrawn from warehouse for consumption, after such time that were loaded onto a vessel at the port of loading or in transit on the final mode of transport prior to entry into the United States before 12:01 a.m. eastern time on February 1, 2025, shall not be subject to such additional duty, only if the importer certifies to CBP as specified in the Federal Register notice.”
De Minimis: The Executive Orders revoke duty-free “de minimis” treatment for goods coming into the U.S. from Mexico, Canada, and China that are subject to the order. According to CBP, “De minimis provides admission of articles free of duty and of any tax imposed on or by reason of importation, but the aggregate fair retail value in the country of shipment of articles imported by one person on one day and exempted from the payment of duty shall not exceed $800.”
For more information, see Section 321 Programs | U.S. Customs and Border Protection
Drawback: The Executive Orders note that “no drawback shall be available with respect to the duties imposed pursuant to this order.”
Exclusions: At this time, there is no language in the Executive Orders concerning an exclusion process.
Escalation: The Executive Orders include language stating that the U.S. may escalate these actions if the other nations take steps to retaliate against U.S. exports and goods.
Canada:
On February 1, 2025, Canada announced plans to impose 25% tariffs on $155 billion worth of U.S. items. The official statement from the Canadian government noted that these tariffs will be imposed in phases.
The first phase “will include tariffs on $30 billion in goods imported from the U.S., effective February 4, 2025, when the U.S tariffs are applied. The list includes products such as orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and pulp and paper. A detailed list of these goods will be made available shortly.” A second phase of tariffs, which will address $125 billion worth of exports from the U.S., will not be imposed until after a 21-day comment period. They will include “products such as passenger vehicles and trucks, including electric vehicles, steel and aluminum products, certain fruits and vegetables, aerospace products, beef, pork, dairy, trucks and buses, recreational vehicles, and recreational boats.” Source: Canada announces $155B tariff package in response to unjustified U.S. tariffs – Canada.ca
Mexico:
On February 1, 2025, Mexico pledged to retaliate against the U.S. tariffs. Press reports indicate that Mexican President Claudia Sheinbaum has directed her government to enact “Plan B.” MEMA is awaiting further details on this action.
China:
China has reacted and pledged retaliatory action against the tariff announcement. However, no specific details were available as of the morning of February 2, 2025. MEMA is monitoring the announcements from the Chinese government on this action.
MEMA will continue to closely monitor these developments and provide our members with timely updates as more details emerge. As we assess the impact of these tariffs, we are actively engaging with members to gather insights and determine the best path forward. Your feedback is invaluable in understanding how these policies affect businesses, employees, customers, and communities.
Be on the lookout for details about member briefings next week, where we will provide further updates and opportunities for discussion, MEMA said.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By Counterman
ZF Aftermarket and HDA Truck Pride announced a partnership to distribute WABCO products to the CV independent aftermarket. The announcement comes as both companies exhibit at Heavy Duty Aftermarket Week (HDAW) 2025 in Grapevine, Texas.
According to ZF, the partnership expands access to the full line of WABCO products for commercial vehicles – including air compressors, air dryers, trailer anti-lock braking systems (ABS), wheel-end solutions and more – to the independent aftermarket through HDA Truck Pride’s extensive distributor network. WABCO’s broad portfolio of innovative solutions improve the safety, efficiency and intelligence of commercial vehicles, at all stages of the vehicle lifecycle, the company said.
“We are excited to partner with HDA Truck Pride, a premier marketing group, to make WABCO products more readily available in the independent aftermarket,” said Steve Bashir, commercial vehicle business leader,
link hidden, please login to view. “With ZF Aftermarket brands TRW and SACHS already available through the HDA Truck Pride Network, we are strengthening our commitment to offer a full range of genuine OE products, remanufactured solutions and quality aftermarket parts to support distributors, fleets and vehicle owners across North America.” “
link hidden, please login to view is dedicated to delivering unmatched value and service to our customers,” said Tina Hubbard, president and CEO of HDA Truck Pride. “Partnering with ZF Aftermarket to make WABCO products available to our distribution network strengthens our value proposition and optimizes our customers’ market presence to drive success.” The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view -
By APF
Advance Auto Parts today announced with their Q3 release a new strategic plan that includes a reduction in U.S. footprint:
Store operations Reduction in U.S. asset footprint - closing 523 Advance corporate stores, exiting 204 independent locations, and closing four distribution centers. Standardization of store operating model and improving labor productivity. Acceleration in pace of new store openings. Merchandising excellence Strategic sourcing to improve first costs and bring link hidden, please login to view to market faster. Assortment management to enhance availability of link hidden, please login to view. Pricing and promotions management to improve gross margin. Supply chain Consolidation of distribution centers to operate 13 large facilities by 2026. Opening of 60 market hub locations by mid-2027. Optimization of transportation routes and freight to lower costs and improve productivity.
-
-
By Counterman
link hidden, please login to view announced the launch of link hidden, please login to view, a new automotive aftermarket distribution platform. The launch coincides with Driven Distribution Group’s acquisition of the auto parts and accessories distribution business of Chicago Parts & Sound, following the recapitalization of Tri-State Enterprises, Inc. in November 2023. Financial terms of the transaction were not disclosed. By bringing together CPS and Tri-State under the Driven Distribution Group umbrella, HCI said it “aims to establish a leading platform in the automotive aftermarket industry by equipping its brands with shared resources, strategic vision, investment and advanced technology to enable its companies to deliver best-in-class customer service.” Both CPS and Tri-State will continue to operate under their respective brands, while benefiting from the shared resources of the Driven Distribution Group platform.
“We are thrilled to welcome the CPS team to the Driven Distribution platform. Consistent with our original platform thesis, CPS represents a geographically strategic beachhead in the Midwest and is a great complement to Tri-State’s existing product categories. We look forward to working together to achieve our shared vision for growth,” said Scott Gibaratz, partner at HCI.
Chicago Parts & Sound, based in Elk Grove Village, IL, with additional locations in Illinois and Wisconsin, is a warehouse distributor focused on automotive aftermarket parts, batteries, consumables, and accessories. The company serves auto dealerships, independent repair shops, municipalities/governments and company fleets.
Bob Lederer, co-owner of CPS, said, “the growth of Tri-State Enterprises parallels that of CPS – just in a different part of the country. Opportunities to combine businesses of such similar backgrounds, culture, and customer focus make tremendous sense for all stakeholders in each company.”
“We are extremely impressed with the stellar business and established market reputation Bob and Jackie Lederer have built over the past 22 years. The combination of CPS and Tri-State as part of the Driven Distribution Group platform will enable us to expand our resources and capabilities to better serve our employees and customers,” said Tristan Taylor, CEO of Tri-State.
The post
link hidden, please login to view appeared first on link hidden, please login to view.
link hidden, please login to view
-
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.