Tariff Uncertainty Could Hurt Auto Industry More Than Plant Closures in 2019

☞ | View the full content of this post. Exclusively available to ASQ Members.

By Mark Phelan

An auto industry that many experts think already is overdue for a slowdown just got a major dose of uncertainty that could reduce investment in new technologies and vehicles.

The Trump administration dealt automakers a wild card by reportedly deciding not to reveal the Commerce Department’s recommendations on whether to apply new tariffs on imported vehicles and components.

Uncertainty is Kryptonite to the auto industry, which routinely invests tens of billions of dollars in projects

☞ | View the full content of this post. Exclusively available to ASQ Members.

Leave a Comment

Your email address will not be published. Required fields are marked *