Dealers watching inventory, adding staff

Dealers, slightly cautious about 2017, are holding the line on facilities expansions or renovations. More plan to trim new-vehicle inventory in anticipation of flat to lower U.S. sales. But overall, dealers are almost evenly split on their inventory plans.

 

Suburban stores at greatest risk of consolidation?

NADA consultant Glenn Mercer says suburban dealers are most likely to sell out in the next wave of store consolidation. Rural stores have lower volume, but also are less subject to price competition. And suburban real estate is worth more, so the suburban dealer has exit options.

2017 NADA convention events calendar

Here's a sample of the NADA convention social scene and affiliated events in New Orleans.

NADA's Century Salute
NADA 100 celebration The National Automobile Dealers Association is celebrating its 100th anniversary and Automotive News has marked the achievement with special coverage that examines NADA from its origins to its future. CLICK HERE for our special section.
Dealertrack aims to introduce 'seamless, easy' F&I platform

Dealertrack's next-generation F&I system is a simpler, more deal-centric approach to working with Dealertrack's tools, such as credit applications,

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MORE NADA NEWS MAKE MEETINGS CONVENTION
Dealers watching inventory, adding staff

Dealers, slightly cautious about 2017, are holding the line on facilities expansions or renovations. More plan to trim new-vehicle inventory in anticipation of flat to lower U.S. sales. But overall, dealers are almost evenly split on their inventory plans.

Suburban stores at greatest risk of consolidation?

NADA consultant Glenn Mercer says suburban dealers are most likely to sell out in the next wave of store consolidation. Rural stores have lower volume, but also are less subject to price competition. And suburban real estate is worth more, so the suburban dealer has exit options.

Exec: Alliance could benefit from Mitsubishi dealers

Mitsubishi Motors' alliance with Nissan Motor has sparked speculation about sharing parts, vehicles or production capacity. But Mitsubishi's No. 2 executive in North America says it also could benefit Mitsubishi dealers.

Dealertrack aims to introduce 'seamless, easy' F&I platform

Dealertrack's next-generation F&I system is a simpler, more deal-centric approach to working with Dealertrack's tools, such as credit applications, bureau reports, compliance tools, desking solutions and F&I product menus. That should allow dealerships to do everything in one place instead of opening multiple programs.

COMMENTARY: Keith Crain
NADA: 100 and still going strong

This week the auto retail industry will converge on New Orleans to honor and celebrate the 100th anniversary of the National Automobile Dealers Association. That is quite a milestone.

Autonomous cars could mean new role for dealers

The advent of autonomous cars and ride-sharing mobility services could mean massive changes for dealers. No one knows exactly what those changes will be, but industry officials are confident that the dealer body won't go extinct.

Employee turnover costs dealers billions

FIRST OF A FOUR-PART SERIES: When look-alike stores sell the same vehicles at roughly the same prices, only the people distinguish one dealership from another. Yet very few dealers are good at hiring and retaining employees. It's costing the industry billions of dollars a year.

Parent's moves may help Infiniti

Two high-level business developments at parent company Nissan Motor Co. in 2016 had little to nothing to do with the U.S. operations of the Infiniti brand.

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