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NADA | NADA Headlines

500-Year Flood Devastates Auto-Focused Northwood University

Since 1959, Northwood University has stood as a pillar of excellence for countless business leaders and intrepid entrepreneurs. With a flagship campus in Midland, Mich., Northwood is the only four-year university that boasts its own international auto show, as well as unique undergraduate tracks like Automotive Marketing & Management and…
NADA | NADA Headlines

ABA Promotes Adoption of NADA Fair Credit Program

On Aug. 3, the American Bar Association approved a resolution that, in part, urges governments at all levels to: Adopt laws and policies that promote the adoption of an enhanced nondiscrimination compliance system for dealer compensation for arranging and/or originating a vehicle finance contract by offering a safe harbor against…
NADA | NADA Headlines

NADA Market Beat: July Vehicle Sales Improve for Third Consecutive Month

New light-vehicle sales improved for the third consecutive month in July. The July SAAR totaled 14.5 million units, a decline of 14.4% compared with July 2019 but up from the SAAR of 13.1 million units for June 2020. In terms of raw volume, July sales were up by just over 120,000 units from June. And through the first seven months of the year, new…
NADA | NADA Headlines

Dealers Win Critical Court Decision Against CDK, Reynolds & Reynolds

Dealers in Arizona scored a major victory late Friday when the U.S. District Court in Arizona ruled strongly in favor of a 2019 law that gives local dealerships greater ability to protect customer data that resides in dealer management systems. Two dealer management system (DMS) providers, CDK and Reynolds & Reynolds, last August sued the…
NADA | NADA Headlines

Data Security and Privacy: What Dealers Need to Know

Dealers today must assess not only their own ability to comply with a complex regulatory and data security landscape, but also that of their vendors and other service providers. Increasingly stringent data security and privacy laws mean that technology providers will play a critical role in meeting these requirements for dealerships. In the…
NADA | NADA Headlines

Thank You

In early March, fear and panic began gripping America. As the coronavirus quickly spread across our country, the stock market plunged, and businesses scrambled to figure out how to respond. As schools and businesses closed, the U.S. economy went into a tailspin. In the last week of March, new-vehicle sales dropped 59%, and America’s new-car and -…
NADA | NADA Headlines

Remembering Congressman John Lewis

When I first heard of the death of Representative John Robert Lewis last week, it left me with a large lump in my throat and an overwhelming sense of loss. While I wasn’t necessarily shocked after hearing of his passing - he’d announced several months earlier that he had stage IV pancreatic cancer – I just could not stop thinking about the…
NADA | NADA Headlines

NADA Readies Itself for a More Culturally Inclusive Future with New Hire

As protests calling for racial equality continue across the country following the murder of George Floyd, corporate America is tuning in and learning how to lend their support for inclusivity. In a recent blog post, National Automobile Dealers Association (NADA) President and CEO Peter Welch underscored this sentiment, sharing that if American…
ATD | ATD Insider

Protect Jobs and Speed Economic Recovery by Suspending the FET

Not only does the trucking industry ensure a flow of necessary goods and essential medical supplies, it also supports 7.8 million American jobs. Economic recovery depends in large part on maintaining the flow of goods provided by the trucking industry. To help ensure this work gets done, Congress must act to boost production at domestic truck…
ATD | ATD Insider

ATD Truck Beat: Commercial Truck Sales Down 29.2% During First Half of 2020

Through the first half of the year, commercial truck sales fell by 29.2% compared with the first half of 2019. Heavy-duty truck sales during the first six months of 2020 totaled 82,648, down 38.7% compared with the same period in 2019. Medium-duty truck sales fell as well, declining by 18.6% compared with the first half of 2019. In June, Class 8…

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