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News•by Staff•April 21, 2020

Global Light Vehicle Sales to Decline to 70.3 Million in 2020 due to COVID-19 Impact

Global light vehicle sales are forecast to be down 22 percent to 70.3 million units this year in the wake of COVID-19, according to the most recent analysis from IHS Markit.

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News•by Staff•April 20, 2020

NADA Wants Your Coronavirus Community Story

NADA wants to highlight what dealers are doing to support their local communities, including first responders, charitable organizations and families, during this difficult time. Tell us about your experience and your staff, community and store.

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News•by Staff•April 20, 2020

Autotrader Debuts New Ad Campaign To Promote Safety and Social Distancing for Car Shoppers

The “Still Moving’” spot highlights the various home services now offered by dealers to bring convenience and comfort to in-market shoppers while minimizing in-person contact.

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News•by Staff•April 16, 2020

Binary Automotive Solutions Offers Free Marketing Resources to Support Dealerships

Offer extends beyond Binary’s client base and is open to any dealership as a way to provide support and needed resources during COVID-19 pandemic.

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News•by Staff•April 13, 2020

NIADA Calls On SBA to Open PPP to BHPH Dealers’ Related Finance Companies

Association says rule prohibiting loans to small finance providers conflicts with law’s intent.

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News•by Staff•April 13, 2020

NADA Insurance Increases Premium Credit

NADA Insurance announced 40-70% premium credits effective in April, 2020, for employee life, manager life and dealer group-life insurance products.

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News•by Staff•April 9, 2020

DealerSocket Offers Free Web-Based Application to Help Dealers Navigate Applying for CARES Act Financial Assistance

Dealership Loan Navigator helps simplify the process of applying for funding.

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News•by Staff•April 8, 2020

Kelley Blue Book Announces 2020 Brand Image Award Winners

Tesla nearly sweeps luxury brand categories; Subaru leads non-luxury brands.

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News•by Staff•April 7, 2020

NADA Issues First Quarter 2020 Analysis of Auto Sales

As the first quarter of 2020 has come to a close, the National Automobile Dealers Association issued an analysis of U.S. auto sales and the economy, including the initial impact of the COVID-19 pandemic on both.

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News•by Staff•April 6, 2020

NADA Retirement Program Waives Fees for Loans and Hardship Withdrawals

The NADA Retirement Program from Empower will waive fees on all new retirement plan loans and hardship withdrawals to support dealerships and their employees’ financial needs resulting from the COVID-19 outbreak.

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