Retail

BMW and Audi dealers call Trump tariff plans 'scary' and 'tragic'

Trump's tariff rhetoric risks hurting consumer confidence and undermining the U.S. auto market, said Cody Lusk, president of the American International Automobile Dealers Association.
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By:
Gabrielle Coppola and Keith Naughton
June 22, 2018 05:00 AM

Ask auto dealers what they make of Donald Trump threatening to tax imports of European models, and they’ll tell you buyers of those cars might as well throw the money saved on their tax bills out the driver-side window.

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