Tax reform and spurring economic growth are at the top of the agenda on Capitol Hill. But when it comes to a harmful tax in the commercial truck retail market, there is none greater than the federal excise tax. This year, with the political climate ripe for tax reform and an infrastructure bill, American Truck Dealers, a division of National…

Sales of new crossovers, SUVs and pickup trucks continued to gain market share through the first five months of 2017, NADA reports in the May edition of Market Beat. “While May traditionally is a good month for selling cars, light-vehicle sales came in below expectations,” said NADA Chief Economist Steven Szakaly. “The bright spot is the light-…

Legislative efforts to significantly reform the Consumer Financial Protection Bureau (CFPB) have resumed in Congress. On Wednesday, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) introduced the Financial CHOICE Act, H.R. 10, a comprehensive financial reform bill. H.R. 10 includes a provision that is virtually identical to…

If you work in automotive retail, chances are that you or someone you know has benefited from the NADA Academy. Founded in 1979, the industry standard for dealership operations training has prepared generations of automotive leaders for successful dealership careers. The Academy offers six unique programs featuring the latest in…

Employment at U.S. commercial truck dealerships has reached its highest point in five years, according to a new report from the American Truck Dealers (ATD), a division of the National Automobile Dealers Association. The nation's 2,261 franchised heavy- and medium-duty truck dealerships employed 129,392 workers in 2016, up 5.6 percent from the…

Mike Jackson, chairman and CEO of AutoNation, said dealers will have to find creative ways to grow their business in an ever-challenging retail environment during an interview with Wall Street Journal reporter Mike Spector at the 2017 NADA/J.D. Power Automotive Forum on April 11. Jackson, who shared his views on several topics, said…

Employment, wages and payroll at U.S. new-car dealerships all continued to rise in 2016, according to a new report released by the National Automobile Dealers Association. The report found that new-car dealerships directly employed a record 1,131,900 workers in 2016, a 2.4% increase from the previous year. “Total dealership employment…

Weather folklore famously characterizes March as coming in like a lion and going out like a lamb. This is because the marked change of weather tends to come in rough and turbulent, but then goes out calm and pleasant. Let us see if the same can be said of the truck industry's seasonal pattern this year. If it was any indication, this period…

Over the past several years, the National Automobile Dealers Association has supported local organizations in cities that host its annual convention and expo—whether it’s Las Vegas, New Orleans or San Francisco. This past January, ahead of the NADA convention which returned to New Orleans for the 12th time since 1973, the NADA Foundation…

The National Automobile Dealers Association and the NADA Women Directors announced a partnership with Junior Achievement USA to teach financial educational courses to students in grade schools and high schools through a volunteer program. "A goal of the partnership is to get new-car dealers or dealership representatives in communities across…