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NADA | NADA Headlines
GM Delays EV Truck Production at Michigan Plant by Year (Reuters)
General Motors Co said on Tuesday it will delay production of electric pickup trucks at its plant in Michigan's Orion Township by a year as the No. 1 U.S. automaker grapples with flattening demand for electric vehicle.
ATD | ATD Insider
New ATD Video Highlights the Need to End the Federal Excise Tax on Heavy-Duty Trucks
WASHINGTON -- The outdated federal excise tax (FET) adds tens of thousands of dollars to the cost of a new heavy-duty truck, while keeping older, less safe and less fuel-efficient ones on the road longer, the American Truck Dealers (ATD) says in a new video calling for repeal of the tax.
“Congress originally passed the FET for one purpose…
NADA
Incoming 2023 NADA Chairman Geoffrey Pohanka: Dealers and OEMs Want the Same Things
During his first address to America’s franchised auto dealers, 2023 NADA Chairman Geoffrey Pohanka stressed that new-car “dealers and their OEMs essentially want the same things: to give customers a great buying experience and to sell a lot of cars and trucks.”
NADA Show
Alabama Auto Dealer Forrest McConnell Takes Office as NADA Vice Chairman for 2013
Forrest McConnell, III, owner of McConnell Honda and Acura in Montgomery, Ala., is the new vice chairman of the National Automobile Dealers Association, a trade group representing nearly 16,000 new-car and -truck dealerships in the U.S.
ATD | NADA Headlines
World War I Ended 100 Years Ago but Related Truck Tax is Still in the Trenches
WASHINGTON -- As America celebrates the 100-year anniversary of the end of World War I (Armistice Day), the American Truck Dealers (ATD) is calling on Congress to repeal the 101-year-old federal excise tax (FET) on heavy-duty trucks.
Initially imposed in 1917, the FET was meant to be a temporary measure to help pay for World War I. Although the…
ATD
New ATD Video Highlights the Need to End the Federal Excise Tax on Heavy-Duty Trucks
WASHINGTON (March 20, 2019) -- The outdated federal excise tax (FET) adds tens of thousands of dollars to the cost of a new heavy-duty truck, while keeping older, less safe and less fuel-efficient ones on the road longer, the American Truck Dealers (ATD) says in a new video calling for repeal of the tax.“Congress originally passed the FET for one…
ATD
World War I Ended 100 Years Ago but Related Truck Tax is Still in the Trenches
TWO BILLS, H.R. 2946 AND S. 3052, WERE INTRODUCED TO REPEAL THE ANTIQUATED FET. ATD AND A TRUCK INDUSTRY COALITION ARE URGING CONGRESS TO REVISIT THE TAX AND CONSIDER THE FET REPEAL AS PART OF A LIKELY INFRASTRUCTURE BILL NEXT YEAR.
WASHINGTON (Nov. 9, 2018) -- As America celebrates the 100-year anniversary of the end of World War I (…
ATD | ATD Insider
ATD Truck Beat: Class 8 Truck Sales Show Progress After Best Month of 2022
In June, Class 8 truck sales had their best sales month of 2022, totaling 22,358 units—an increase of 12.7% from June 2021. During the first half of 2022, Class 8 truck sales were up by 0.7% from the same period in 2021. Sales of medium-duty trucks in June totaled 17,866 units, down 14.7% compared with June 2021. And through the first half of the…
ATD | ATD Insider
ATD Truck Beat: Commercial Truck Sales Increase YOY for 12th Straight Month
Commercial truck sales have posted year-over-year gains for the 12th straight month. June 2023 sales were 46,009—an increase of 13.3% from June 2022. The month’s solid year-over-year gains helped first-half 2023 finish strong at 251,701 units, up 16.5% from the same period last year, with increases for both medium- and heavy-duty trucks. Sales so…
NADA | Letter
American Institute of Certified Public Accountants (AICPA) Request for Relief under Section 473 (April 27, 2021)
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