As Congress is poised to pass a historic $2 trillion stimulus package to address the impact of the escalating COVID-19 health crisis, America’s auto dealerships continue to work through the challenges of operating during the coronavirus pandemic. As we have seen recently, the challenge becomes even greater in countries that have implemented…

In this workshop, you'll explore industry trends and learn what dealers are doing to prepare; from technician recruiting to marketing. Recorded on January 26, 2023.

McLean, Va. (Jan. 23, 2006) - The 2005 auto sales report showing that 16.9 million new cars and light trucks were sold by franchised dealers matched the annual forecast by NADA Chief Economist Paul Taylor. It was the third best year in auto retailing history. Taylor, who holds a Ph.D. in economics, delivered the forecast at the 2005 NADA…

TYSONS, Va. (Aug. 2, 2018) – In response to a joint proposal by the National Highway Traffic Safety Administration and U.S. Environmental Protection Agency on fuel economy and greenhouse gas standards for Model Year 2021-2026 cars and light trucks, the National Automobile Dealers Association issued the following statement: “NADA has long…

The Office of Foreign Assets Control (“OFAC”) administers and enforces economic sanctions programs primarily against countries and groups of individuals, such as terrorists and narcotics traffickers.  As part of its enforcement efforts, OFAC publishes a list of individuals and companies owned or controlled by, or acting for or on behalf of,…

New light-vehicle sales in October 2021 saw their first month-to-month gain since April.

DETROIT (Jan. 8, 2016) - U.S. sales of new cars and light trucks will set an all-time record in 2016, said Steven Szakaly, chief economist of the National Automobile Dealers Association. “More than 17.7 million new light vehicles will be purchased or leased this year, about a 2-percent increase from 2015, and setting back-to-back records…

As of Jan. 1, dealers in every state must provide odometer disclosures for MY 2011 vehicles

It’s hard to attend an automotive conference these days without hearing about the end of personal vehicle ownership. According to so-called “conventional wisdom,” the proliferation of ride-hailing options like Uber and Lyft combined with autonomous vehicles (AVs) are destined to align and make the prospect of owing your own vehicle too…

TYSONS, Va. (Sept. 25, 2020)—NADA released the following statement in response to California Governor Gavin Newsom’s Executive Order to ban the sale of new gasoline-powered vehicles in 2035: America’s new-car and -truck dealers are excited for the day that electric and other zero-emission vehicles (ZEVs) will replace internal…