NADA

Credit union backs off ads blasting dealer reserve

12:01 am U.S. ET | July 21, 2014
A Florida credit union has backed off from an advertising and social medial campaign called “Expose the Truth,” which described dealer reserve as an unfair trade practice most consumers don’t know about.... Read More »

 

Automotive News to host dealer conference at NADA

12:01 am U.S. ET | July 21, 2014
Automotive News will host a half-day conference devoted to dealer issues on Jan. 22 in San Francisco at the Hotel InterContinental during the National Automobile Dealers Association convention.... Read More »

 

Jay Leno, Jeb Bush to keynote 2015 NADA convention

2:03 pm U.S. ET | July 14, 2014
Former Florida Governor Jeb Bush and former “Tonight Show” host Jay Leno will be among the keynote speakers at the 2015 National Automobile Dealers Association Convention & Expo in San Francisco.... Read More »

 

CFPB promises clarity on discrimination; NADA skeptical

12:01 am U.S. ET | June 25, 2014
The Consumer Financial Protection Bureau has promised to provide members of Congress with a white paper later this summer that will explain in more detail how it detects discrimination in auto loans.... Read More »

 

NADA moves to counter franchise system critics

12:01 am U.S. ET | June 16, 2014
Franchised car dealers have taken plenty of heat for their resistance to Tesla Motors' state-by-state campaign to sell cars directly to consumers. Peter Welch, president of the National Automobile Dealers Association, is ready to push back.... Read More »

 

U.S. House bills would constrain CFPB

12:01 am U.S. ET | June 11, 2014
The Republican Party-dominated U.S. House of Representatives, with the encouragement of lobbyists for dealers and automotive lenders, has taken steps to constrain the Consumer Financial Protection Bureau.... Read More »

 

JIM HENRY

Lender consent order grants insight into FTC

12:01 am U.S. ET | June 4, 2014
Dealers and their legal counsels should check out last week's consent order between subprime auto lender Consumer Portfolio Services and the Federal Trade Commission, even though the case isn't about dealerships.... Read More »

 

NADA DATA 2014

Competition expected to restrain store profits

12:01 am U.S. ET | June 2, 2014
Dealership new-vehicle profits won't grow anytime soon.... Read More »

 

EDITORIAL

No margin for error

12:01 am U.S. ET | June 2, 2014
Even with the industry on a roll, dealers must keep working to control costs and protect their profitability.... Read More »

 

Study shows federal regulations cost dealers billions, jobs

6:00 am U.S. ET | May 30, 2014
Franchised new-car dealers in the United States spent a combined $3.2 billion in 2012 to meet federal regulations, a new report found. The report made no attempt to determine whether dealerships, the economy, or consumers benefited in any way from any of those regulations, however.... Read More »

 

JIM HENRY

NADA's take on 'The Fallacy of Flats'

12:01 am U.S. ET | May 28, 2014
The National Automobile Dealers Association has tried for months to impress upon the Consumer Financial Protection Bureau that switching from dealer reserve to flat fees will not eliminate dealerships' ability to set their compensation for auto loans.... Read More »

 

F&I grabs bigger slice of dealership gross profits

12:01 am U.S. ET | May 28, 2014
F&I's contribution to dealership gross profits continues to grow, despite a slight decrease in new-vehicle sales penetration for extended-service contracts, new statistics show. F&I accounted for 38.8 percent of gross profit for dealership new- and used-car departments combined in 2013, up from 36.9 percent in 2012, according to “NADA DATA 2014,” the latest annual U.S. dealership financial profile from the National Automobile Dealers Association.... Read More »

 

NADA: Dealer revenues like never before

12:01 am U.S. ET | May 26, 2014
Dealerships have more than bounced back from the recession. Fewer stores and the recovery in vehicle sales meant record revenues and profits for dealerships last year.... Read More »

 

Bill to ease dealers' emissions paperwork sails through Congress

11:26 am U.S. ET | May 23, 2014
Federal legislation favored by auto dealers as a way to reduce paperwork cleared its final congressional hurdle on Thursday when the Senate passed the bill without a roll-call vote and sent it to President Obama.... Read More »

 

GABE NELSON

Numbers add to NADA's arsenal against Tesla, CFPB

5:04 pm U.S. ET | May 22, 2014
The National Automobile Dealers Association has put out its annual NADA Data report, a statistical smorgasbord that explains where America's franchised car dealers are, how much money they make and how they make it.... Read More »

 

U.S. dealership employment tops 1 million for first time since '08, NADA says

6:00 am U.S. ET | May 22, 2014
Dealerships in the United States employed more than 1 million people in 2013, the first time the industry has topped that threshold since 2008, early in the recession.... Read More »

 

OBITUARY

Don Chalmers, former NADA committee chairman, died April 20

12:01 am U.S. ET | April 28, 2014
Don Chalmers, an auto dealer who represented New Mexico on the board of the National Automobile Dealers Association and was chairman of NADA's government relations committee, died April 20.... Read More »

 

Analysts: Lower used-car prices just around corner

12:01 am U.S. ET | April 28, 2014
Used-vehicle prices are expected to start dropping now and continue to do so in the near term, analysts predict, citing seasonal patterns.... Read More »

 

NADA board member Don Chalmers dies

1:45 pm U.S. ET | April 21, 2014
Don Chalmers, an auto dealer who represented New Mexico on the board of the National Automobile Dealers Association and was chairman of NADA's government relations committee, died Sunday.... Read More »

 

LETTER TO THE EDITOR

Is Tesla wasting time? Maybe not

12:01 am U.S. ET | April 7, 2014
Just because Automotive News' entire readership is scared is no reason to declare it a waste of time, energy and money.... Read More »

 

Auto finance outlook is good for 2014, report says

12:01 am U.S. ET | April 2, 2014
The outlook for auto finance this year is “mildly less positive” relative to extraordinarily favorable conditions, according to analysts for NADA Used Car Guide.... Read More »

 

NADA calls again for clear lending rules from CFPB

5:44 pm U.S. ET | March 19, 2014
The Consumer Financial Protection Bureau ought to issue clear rules for auto lending using a formal rulemaking process, rather than issuing general guidance or orders aimed at individual companies, which lenders must try to interpret and apply to themselves.... Read More »

 

OBITUARY

Former NADA instructor John Clancey dead at 82

12:01 am U.S. ET | March 17, 2014
John Clancey, a former instructor at the National Automobile Dealers Association's Dealer Candidate Academy, died Feb. 22.... Read More »

 

JIM HENRY

Auto loans and mortgages? Apples and oranges

12:01 am U.S. ET | March 3, 2014
The auto finance industry and the Consumer Financial Protection Bureau have a fundamental disconnect.... Read More »

 

Dealership profits keep soaring

12:01 am U.S. ET | March 3, 2014
The auto retail business is red hot and getting hotter as dealership profits continue to rise.... Read More »

 

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