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ATD | Chairmans Column

ATD’s 2019 Year In Review

ATD had a tremendous 2019—a year full of challenges and achievements—and we couldn’t have done it without our passionate and hard-working dealers across the nation. Truck dealers had the second-best sales year of all time—with medium-duty sales reaching 250,744 and heavy-duty sales reaching 276,348. In fact, class 8 trucks had their best sales…
ATD | ATD Insider

Congressman LaMalfa Pushes for FET Repeal with House Leadership

On May 21, U.S. Rep. Doug LaMalfa (R-Calif.) sent a letter to Speaker of the House Paul Ryan (R-Wis.), Chairman of the Ways and Means Committee Kevin Brady (R-Texas) and Chairman of the Transportation and Infrastructure Committee Bill Shuster (R-Pa.) to urge the inclusion of repealing the 12% federal excise tax (FET) on heavy-duty trucks in an…
NADA

NADA, NAMAD and AIADA Issue Statement on CFPB Proposal to Oversee Nonbank Auto Finance Companies

McLEAN, Va. (Sept. 17, 2014) - In response to the Consumer Financial Protection Bureau's proposal to oversee larger nonbank auto finance companies, the National Automobile Dealers Association (NADA), the National Association of Minority Automobile Dealers (NAMAD) and the American International Automobile Dealers Association (AIADA) issued the…
NADA Show

General Motors CEO Wagoner to Deliver Keynote Address at 2008 NADA Convention

McLEAN, Va. (July 26, 2007)-General Motors Corp. Chairman and Chief Executive Officer Rick Wagoner will deliver the keynote address at the National Automobile Dealers Association's (NADA) 91st Annual Convention and Exposition, February 9-12, 2008, in San Francisco. He will present his views on the state of the industry and dealer relations…
NADA

NADA Issues Statement Regarding Congressional Hearings on the Toyota Recall

HOUSE COMMITTEE HEARING WAS RESCHEDULED FOR 10 A.M., WEDNESDAY, FEB. 24 BECAUSE OF INCLEMENT WEATHER. MCLEAN, Va. (Feb. 9, 2010) - John McEleney, chairman of the National Automobile Dealers Association (NADA), issued the following statement today regarding the upcoming congressional hearings on the Toyota recall: “NADA recognizes the…
ATD

Federal Excise Tax (FET)

The Internal Revenue Code imposes a 12 percent Federal Excise Tax on the first retail sale of: (1) truck chassis and bodies with a Gross Vehicle Weight (GVW) in excess of 33,000 lbs.; (2) truck trailer and semitrailer chassis and bodies with a GVW in excess of 26,000 lbs.; and (3) tractors of the kind chiefly used for highway transportation in…
NADA | NADA Headlines

GM Removes Guidance After UAW Strike Muddies Profit Outlook (Bloomberg)

General Motors Co. can no longer say if it will make up to $14 billion in profit this year because a United Auto Workers strike, now in its sixth week, has made the company’s financial future too difficult to predict.
NADA

NADA Chief Economist Forecasts Slight Drop in Annual New Vehicle Sales

ORLANDO, Fla. (Feb. 11, 2006) - Sales of new cars and light trucks will edge down slightly in 2006, but remain healthy on the strength of sustained automaker incentives, high-quality and increasingly fuel-efficient new products, and a steadily growing economy, according to an economic forecast from the National Automobile Dealers…
NADA | NADA Headlines

Women Are the Backbone of the Auto Industry

In honor of Women’s History Month, NADA is honoring the many women in auto retail who work every day to make dealerships a great place for women to develop a career and succeed professionally.

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