BLOG: James B. Treece
Posted 12:01 am U.S. ET, Jan. 24
Posted 9:40 am U.S. ET, Jan. 23
NEW ORLEANS -- 2014 will be a good year for the industry. But what about 2016?The following draws from speeches at the American Financial Services Association conference, which precedes the National Automobile Dealers Association convention here.Imagine Mae. In March 2013, she traded in a six-year-old car for a three-year-old one. By mid-2016, she's looking to replace it. ... Continue reading "What happens in 2016 if interest rates rise?" » Jan 24, 2014 12:01 am U.S. ET Post Comment
NEW ORLEANS -- News of dealer Ron Tonkin's passing took me back to an NADA convention in New Orleans exactly 25 years ago.It was only my second time at NADA's wingding, and what an extravaganza it was!In New Orleans in 1989, Tonkin accepted his election as NADA president with a stem-winder of a speech vowing to stand up to the factories on behalf of dealers. He compared hi ... Continue reading "Ron Tonkin and memories of the 1989 NADA convention" » Jan 23, 2014 9:40 am U.S. ET Post Comment
DETROIT -- Keep your eyes on the mid-sized car segment.That was one of the messages from Kelley Blue Book's briefing for reporters today ahead of the Detroit auto show.Kelley Blue Book predicts new light-vehicle sales in 2014 will rise 5 percent to 16.3 million -- if the industry stays disciplined. That means keeping production in line with demand. Not overproducing. Not t ...