NADA Convention Wrap Up
Tesla proof U.S. wants made-to-order?Sat, 02, Apr 2016
While dealers were sitting in make meetings in Las Vegas, more than 250,000 consumers were lining up to throw $1,000 deposits at Tesla for its Model 3, a new car that likely won't be delivered for at least 18 months.
'It's still a hot market' for buy-sellSat, 02, Apr 2016
Buyers and sellers sound bullish about the dealership buy-sell market for the rest of 2016, although for different reasons. Buyers see more sellers coming to market -- especially groups vs. individual stores -- and money is still cheap.
Exhibitors add unique touches, fun to turn headsSat, 02, Apr 2016
For its first NADA convention, Car360 got a booth in a distant corner of the show floor. But it still had little trouble drawing a constant gaggle of onlookers intrigued by the DeLorean it put on display.
Diess says VW will 'redefine' brand in U.S.Sat, 02, Apr 2016
VW brand chief Herbert Diess vowed to “redefine” VW's beleaguered brand identity in the U.S. market and pledged to boost production to support U.S. sales this year, but dealers say several issues remained unresolved.
Carlson vows to press NADA's fight against regulationSat, 02, Apr 2016
Incoming NADA Chairman Jeff Carlson vowed to keep up the group's fight against government overreach and pledged to make the group more consumer-focused in 2016.
The new showroom: Virtual realitySat, 02, Apr 2016
With a wave of virtual-reality headsets hitting the market this year, retailers and car-shopping services are being urged to consider the gadgets as the entertainment and shopping medium of the future, because it delivers a more immersive experience than watching a video.
GM pledges to boost truck productionSat, 02, Apr 2016
Chevrolet and Buick-GMC dealers were told at their joint make meeting to expect increased pickup and SUV production, as General Motors pushes to grow market share for all three brands.
Lincoln says it has 40,000 potential buyers for ContinentalSat, 02, Apr 2016
Lincoln already has a list of 40,000 people who have expressed interest in buying the upcoming Continental, and brand executives on Saturday said they plan to start working with dealers soon to help turn those leads into reservations ahead of the sedan's arrival this fall.
Subaru launches second phase of dealer expansion programSat, 02, Apr 2016
Subaru dealers were told at their make meeting today that a second phase of the Fixed Operations Expansion, or FOX, program is underway. Subaru of America CEO Tom Doll said he expects up to 80 more dealers to sign up for the program to expand their service facilities.
Ford brand stair-step program to remain in place -- for nowSat, 02, Apr 2016
The Ford brand is extending its year-old stair-step incentive program at least through July and making some tweaks in response to feedback from dealers, but executives are still evaluating whether it should remain in place long-term.
Fox: 4 issues will drive NADA going forwardFri, 01, Apr 2016
In his end-of-term speech Friday, outgoing Chairman Bill Fox pledged that in 2016 NADA will continue a tight focus on four key issues that dealers value most.
FCA dealers told more Jeeps, Rams comingFri, 01, Apr 2016
Fiat Chrysler dealers got their first in-person look at the automaker's plans to build more SUVs and pickups, and also heard that the Chrysler 200 and Dodge Dart will change, but won't be going away.