In her latest written and published article for Automotive Management Online titled ‘Executive View: What the UK-US deal really means for dealers, Xeinadin Tax Director Michelle Malone offers her industry expertise and opinion on the UK-US tariff deal.
Michelle believes the confirmation of the new deal will have brought a collective sigh of relief from UK car manufacturers. But for motor dealers, especially SMEs involved in vehicle repair, the reality is more mixed and they must review their margin structure.
The article explores who benefits from the new UK-US tariff deal and who doesn’t. It also covers why steel and aluminium matter (raw material tariffs do increase). In addition, Michelle offers her specialist advice to dealerships and provides recommendations as to what they should do.
Read the full opinion piece here.