Commercial truck sales closed out 2020 with total sales just shy of 410,000 units, a decline of 22.3% from the 2019 total. Sales of Class 8 trucks improved in December, reaching a high for the year, but that was not enough to offset sales declines seen earlier in the year stemming from the pandemic. Class 8 sales in 2020 totaled nearly 192,000…

Get to know fellow attendees, make new connections and have fun at our networking receptions and happy hours at this year’s NADA Show. Although all the networking and entertainment will be taking place online, we’ve put together some amazing opportunities celebrate the Show together, make new connections and play games for amazing prizes…

The coronavirus pandemic has changed our world completely, and the auto retail industry has not been immune to its impact. In October, NADA announced that NADA Show 2021 would transition to an all-virtual experience, held from Tuesday, Feb. 9, through Thursday, Feb. 11. And while dealers won’t be able to convene in-person in New Orleans, the…

Today, the National Automobile Dealers Association (NADA) issued its 2020 analysis of U.S. auto sales and the economy. “The coronavirus pandemic certainly impacted new light-vehicle sales in 2020, not to mention the U.S. economy as a whole,” said NADA chief economist Patrick Manzi. “Our forecast at the start of 2020 estimated new…

In today’s business environment, cybersecurity is of vital concern to businesses of all kinds and all sizes. However, auto dealerships, in particular, have faced a marked increase in cyber attacks. Given the amount of financial and personal data gathered by auto dealerships about their customers, such as bank account information and social…

NADA Show contests are always a fun highlight as attendees engage and connect with exhibitors and fellow attendees. This year, connecting with exhibitors virtually at NADA Show can score you major points! As you navigate the virtual Expo floor and shop the industry’s premier marketplace for dealers, you’ll have the opportunity to earn points and…

The year came to close with new light-vehicle sales of 14.46 million units, down 14.7% from 2019 and the lowest full-year sales total since 2012. It was also the first time since 2014 that sales did not top 17 million units. December 2020’s SAAR of 16.3 million, while down from December 2019’s SAAR of 16.8 million units, was better than expected…

Everyone wants to know, what will a virtual NADA Show be like? In this new video, you’ll get an introduction to many of the features of the virtual NADA Show platform, with three days of award-winning dealer education, franchise meetings, industry networking and, of course, NADA Expo, the virtual dealer marketplace. The non-stop content,…

In January, 2020 Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger appointed a taskforce on Federal Consumer Financial Law to explore and make recommendations on ways to improve consumer protection in the marketplace. After extensive deliberations, the taskforce yesterday unanimously issued a comprehensive report that…

NADA Show 2021 going virtual is the perfect opportunity for international dealers to connect with fellow dealers, managers, exhibitors, OEMs and allied industry partners from around the world. Now, the whole dealership can attend and get convenient access to best-in-industry education and network with fellow industry leaders, internationally.…