Depreciation Slows in June, NADA Used Car Guide Reports

MCCLEAN, Va. — Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, according to the NADA Used Car Guide, with prices for vehicles up to eight years in age falling 2.5% on a monthly basis in June, or more than a half a percentage point less than the 3.2% drop recorded a ... Read More »

NADA’s Koblenz Joins Industry Summit Roster

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Andy Koblenz, executive vice president of legal and regulatory affairs for the National Automobile Dealers Association (NADA), will deliver a keynote address at Industry Summit 2015, which will be held Sept. 8–10 at Paris Las Vegas. Attendees who register for the P&A ... Read More »

NADA’s Koblenz Joins Industry Summit Roster

NADA Chairman to Headline Industry Summit

NADA Chairman to Headline Industry Summit

LAS VEGAS — Organizers of the annual P&A Leadership Summit have announced that Bill Fox, 2015 chairman of the National Automobile Dealers Association (NADA), will deliver the evening keynote address at this year’s Industry Summit, which will be held Sept. 8–10, 2015, at Paris Las Vegas. Attendees who register for the P&A Leadership Summit are ... Read More »

J.D. Power to Acquire NADA Used Car Guide

WESTLAKE VILLAGE, Calif. — J.D. Power and the National Automobile Dealers Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business, a well-known source of used-vehicle values. The transaction is expected to close early in the third quarter of 2015 and is subject to Hart–Scott–Rodino Act review. Established ... Read More »

NADA: April Auto Sales Continue to Lead Economic Growth

MCLEAN, Va. — Falling gasoline prices and continued pent-up demand have spurred spending on new cars and light trucks, with average retail transaction prices rising more than 3% in the first quarter compared to the same period a year ago, the National Automobile Dealers Association (NADA) reported this week. The average retail transaction price for ... Read More »

Bipartisan House Bill Seeks to Thwart CFPB’s Attack on Auto Financing

WASHINGTON – The National Automobile Dealers Association today applauded the continued bipartisan efforts in Congress to rescind a flawed guidance from the Consumer Financial Protection Bureau that would harm consumers by limiting their ability to obtain discounted auto financing. On Monday evening, April 13, Reps. Frank Guinta (R-N.H.) and Ed Perlmutter (D-Colo.) introduced H.R. 1737, ... Read More »

New Study Outlines Keys to Improving Dealership Performance in the Digital Age

NEW YORK — Dealer profitability, on average, could reach levels of today’s top quartile performing dealers if both carmakers and dealers make the necessary investments to achieve operation excellence and streamline marketing expenses, according to a new study released this week at the 2015 National Automobile Dealers Association/J.D. Power Automotive Forum Conducted by McKinsey & ... Read More »

NADA Keeps U.S. New Car Sales Forecast at 16.94 Million

The National Automobile Dealers Association Monday reaffirmed its outlook for U.S. auto industry sales to rise 3.1 percent to 16.94 million this year, despite slightly negative gross domestic product impact early this year because of bad weather and West coast port strikes, reported The Detroit News. NADA Chief Economist Steven Szakaly, in a call with ... Read More »