For 40 years, NADA’s Academy has been educating and graduating the next generation of dealership leaders. But what started as a program to prepare the sons and daughters of dealership owners to work in the family business has evolved into the premier educational opportunity for the entire automotive retail industry. Educational Legacy…

The lights have been knocked out by a blustery winter storm, and Rhett Ricart, CEO and owner of Ricart Automotive Group, Columbus, Ohio, is preparing for a holiday party with a guest list of 800 as he sits down to talk to NADA Show Magazine. “There’s a power outage today affecting the whole area. Traffic lights are out, everything,”…

Dear Editor, For the second time in three months, the Journal has cited fewer than a handful of cases as “proof” that fraud is widespread in the vehicle finance industry – which just so happens to engage in more than 35 million transactions every year. We’re used to such a ludicrously low “standard of proof” in Washington…

New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year. Of that 1.3 million units, retail sales should account for over 1 million units, a slight increase…

This Sunday, March 8, marks International Women’s Day (IWD), a yearly celebration of the achievements of women, which has taken place since 1911. Like women around the globe, women in the auto retail industry have much to celebrate. In July 2019, for example, Cheryl Miller was named CEO of AutoNation – joining the ranks of only 36 women CEOs…

The U.S. Department of Defense (DOD) has granted a joint petition filed by the National Automobile Dealers Association (NADA) and the American Financial Services Association (AFSA) to withdraw Question and Answer (Q&A) 2 from a December 2017 Interpretive Rule that sought to define the scope of the motor vehicle financing exclusion to the…

For the aspiring service technician, Ford FACT—the high-tech training program offered by Ford and UTI—has a long and productive history. Twenty years ago, Ford Motor Company teamed up with Universal Technical Institute (UTI) to create the Ford Accelerated Credential Training (FACT) program, which offers 15 weeks of specialized training designed…

A few weeks ago at the 2020 NADA Show in Las Vegas, the mood among dealers was extremely upbeat. And why not? The industry closed out 2019 with sales topping 17 million new units for the fifth straight year, and we seem to be situated atop a high and healthy sales plateau. What’s more, dealers have had years to prepare for current conditions.…

This year, the NADA Academy is celebrating 40 years of educating the next generation of dealership leaders. NADA Academy has been at the forefront of training these leaders to adopt innovation and technology and adapt to the changing industry. “NADA is proud of our Academy because it’s the gold standard and it has a legacy within the…

This year's show in Las Vegas was nothing short of amazing! Nearly 22,000 key members of the automotive industry came together for four full days of education, networking, make meetings, general sessions, one-of-a-kind event programming and, of course, the auto industry's premier marketplace, NADA Expo. Now that this year's show is done, we're…