The National Automobile Dealers Association (NADA) today announced that Mike Stanton will serve as the organization’s next president and CEO. Stanton, 52, succeeds Peter Welch, who has led NADA since his appointment by the NADA Board of Directors in January 2013. “NADA is a great organization representing one of America’s most important…

There is a palpable feeling of relief as we are in the final stretch of the year and the harvest season is upon us. Farming is a huge industry back home in Muncie, Indiana. And there’s a saying that if you have the fortune of enjoying a bountiful harvest, it’s because you reap what you sow. In that spirit, the resilient and hard-working…

Through the first three quarters of 2020, commercial vehicle sales fell by 27.2% compared with the same period in 2019. While Class 8 truck sales were their highest so far this year in September, they were down by 32.3% compared with September 2019. Heavy-duty truck sales fell as well, declining by 36.7% compared with the first three quarters of…

The NADA Show is the Auto Industry Event of the Year where business gets done. Throughout the COVID-19 pandemic, we remained optimistic and hopeful that we would be able to gather in person in New Orleans for NADA Show 2021. But the coronavirus has been persistent, a second wave is predicted to coincide with flu season, and, as things stand,…

Foundation’s Emergency Fund Relies on Donations from America’s Dealers A Category 4 hurricane with winds topping 150mph and spanning over 40 miles wide, has hit several states. The destruction includes flipped cars, massive floods and widespread property damage. This isn’t a scene from a Jerry Bruckheimer movie. It…

  NADA Show is the Auto Industry Event of the Year and we believe there is no better way to do the Show than to gather in person. Throughout the COVID-19 pandemic, we remained optimistic and hopeful that we would be able to gather in person in New Orleans for NADA Show 2021. But the Coronavirus has been persistent, a second wave is…

Today, NADA issued its analysis of U.S. auto sales and the economy following the third quarter of 2020. Through the first three quarters of the year, new-light vehicle sales were down 19% relative to the same time period in 2019. In September, raw sales volume totaled 1.34 million units, an increase of 6.1% compared to September of…

New light-vehicle sales increased for the fifth straight month in September. The September SAAR of 16.3 million units is the first time monthly sales have topped 16 million units since February 2020, though it represents a 4.3% decrease from September 2019. Through the first three quarters of the year, new-light vehicle…

Despite the unpredictable disruption we’ve faced this year, dealers, like you and I, are standing tall and stronger than ever. Our doors are open, customers are safely back in our showrooms and our employees are back to work. While we have been busy navigating operations during this tumultuous year, NADA has been behind the scenes tackling every…

On Friday, Sept. 25, 2020 Truck Dealer of the Year Oscar Horton was a guest lecturer at Indiana University’s Kelley School of Business. The guest lecture is part of the annual Truck Dealer of the Year award program, which offers the winner the opportunity to speak to business students with an interest in entrepreneurship. During the virtual…