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ACRA Legislative Watch

The association provides a roundup of current legislation that could affect your business, including Arizona’s car rental tax bill HB 2736, and prepares for a meeting with U.S. Transportation Secretary Ray LaHood.

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McElroy: Detroit 3 Profitable Again in 3 Years

Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.