Items Tagged with 'auto repair'

ARTICLES

Report: Auto Tariffs Threaten Low- and Mid-Tier Auto Suppliers

Selling about $50 million worth of parts it makes each year, Lucerne International isn't a top-tier auto supplier. Because the company doesn't have "deep pockets," according to CEO Mary Buchzeiger, long-term contracts with its customers block it from passing higher raw material costs or tariffs on to them. And Lucerne's profit margins are too thin to absorb the higher costs. 
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Tariffs to Limit Sources for Auto Parts

Businesses affected by the auto parts industry, including collision repair shops, could scramble to cope with President Donald Trump’s tariffs on imported Chinese materials and goods, especially as those tariffs could limit where auto parts retailers can source their parts.
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