NADA Applauds Senate Passage of USMCA

Tysons, VA - National Automobile Dealers Association (NADA) Chairman Charlie Gilchrist released the following statement in response to the U.S. Senate’s passage of H.R. 5430, a bill to implement the U.S.-Mexico-Canada Agreement (USMCA):

“Today’s Senate vote to approve the USCMA is a big win for America’s new-car and -truck dealers and our customers. USCMA will reduce the threat of additional, broad-based tariffs on vehicles and parts produced in North America. Approval of USMCA will preserve the global competitiveness of the U.S. automotive industry and enable dealers to continue providing affordable vehicle options for American consumers while strengthening our economic ties to Mexico and Canada.”

In anticipation of the Senate’s vote, Gilchrist sent a letter to all senators urging their support of the bill. Gilchrist underscored the importance of a favorable trading relationship with Mexico and Canada to the American automotive industry and to the U.S. economy as a whole.