NADA: New-Car Sales Gain from Low Interest Rates, Stronger Housing Market and Rising Employment

McLEAN, Va. – Low financing rates for auto loans, rising home values and an improving employment outlook are key factors contributing to a resurgence in new-car and light-truck sales through the first seven months of the year, says Steven Szakaly, chief economist for the National Automobile Dealers Association, reported The NADA. “Looking ahead, there is ... Read More »

NADA Releases New Video on Dealer Franchise Laws

McLEAN, Va. — New-car dealer franchise laws protect consumers during safety recall and warranty claims, create price competition and benefit automakers, says the National Automobile Dealers Association in a new animated video released Wednesday as part of its “Get The Facts” initiative. “Buying a car is a … complicated purchase with financing, titling, registration, insurance ... Read More »

AutoNation Discusses CFPB, Digital Push

FORD LAUDERDALE, Fla. — In a quarter in which it posted record second-quarter earnings per share (EPS) from continuing operations, AutoNation’s F&I operations realized an 11.5% increase in revenue from a year ago and a $9 million, or 5%, increase in total gross profit. Average gross profit per vehicle retailed for the nation’s largest auto ... Read More »

Jeb Bush, Jay Leno and Beck Weathers to Keynote 2015 NADA Convention in San Francisco

Hybrid Electric Vehicle Sales Soften, NADA Reports

NADA Launches Initiative to Promote Benefits of Franchised Dealers

New Law Eliminates Federal Red Tape from New Car Sale

NADA Study: Federal Rules Cost Dealerships More Than $3 Billion Each Year

Federal Rules Cost New-Car Dealerships More Than $3 Billion Each Year

Congress Votes to End Dealer Paperwork Requirement