Recent Stories
How NADA mobilized as virus threat grew

The association has scrambled to adjust internally while maintaining a presence on Capitol Hill and guiding dealers through an unprecedented crisis.
Dealers seek guidance on business loans as showrooms shutter

A lack of clarity on the scope, requirements and timeline of the lending process has some dealers scratching their heads as they consult with bankers and tax advisers while struggling to keep their employees paid and businesses afloat.
Labor Department extends deadline for union financial reports

The advisory covers unions whose main office is located in areas highly impacted by the pandemic. The UAW's report was expected to shed light on its financial condition amid the ongoing federal corruption scandal and last year's strike at General Motors. 
Dealers dive into stimulus details as industry takes cautious rescue route

Unlike the Great Recession, when the Detroit 3 initially asked Congress for $50 billion to stay afloat, automakers have avoided direct pleas for a financial rescue. Instead, automakers, dealers and suppliers advocate for broader relief during a public health crisis..
Feds add leasing, rentals to essential-worker guidelines

An earlier memo covered automotive repair and maintenance as well as transportation equipment manufacturing and distribution facilities. Guidance for retail operations, including leasing and rental activities, had not been clear.
Bozzella
Bozzella: Focus on auto sector in stimulus package ‘fairly clear'

While legislative language is evolving, a $500 billion fund within the trillion-dollar economic stimulus package being discussed by Congress could be used for loans to businesses in severely distressed sectors of the economy.
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Auto trade groups ask Trump for clearer guidance on 'essential services'

In a letter to the White House, the coalition said initial counsel resulted in some states and other jurisdictions prohibiting vehicle sales by dealerships.
Industry builds case for federal aid as it awaits stimulus details

In an email to Congress obtained by Automotive News, the Alliance for Automotive Innovation reiterated the automotive industry's role in the economy and the negative impact caused by the coronavirus to all aspects of the sector, as the country awaits further details of a $2 trillion economic stimulus package.
IIHS chief: All play role in safe use of driving tech

IIHS President David Harkey says the automotive industry is in "a new era" as more automated driving technology makes its way onto vehicles.
USMCA rush amid pandemic adds to concern

As the coronavirus continues to wreak havoc on global supply chains, the automotive industry faces another potential upset over a June 1 entry-into-force date for all sections of North America's new trade pact.
Alliance shifts to broader health, economic goals as crisis grows

The new trade group for automakers and suppliers was formed in January. Things have changed already.
USMCA
Trade groups concerned over potential June 1 start of USMCA

The groups, including AIADA and NADA, said many questions on the new rules remain unanswered and will require additional time to interpret and implement.
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Toyota's technology, innovation policy director to join Alliance

Industry policy expert Hilary Cain is joining the Alliance for Automotive Innovation as the auto lobbying group's vice president of technology, innovation and mobility, where she will work on the policy side to drive consensus on key issues impacting the industry.
Digital spreadsheets open door to more information

Brysten Jones of Jones Chevrolet-Buick-GMC launched an initiative to put sophisticated digital spreadsheets and financial reporting mechanisms in place, increasing access to information and reducing unnecessary costs.
As price of oil plummets, Texas dealers are on alert

When the state's energy industry is thriving, that means good-paying jobs in a region that loves big-ticket trucks. So Saudi Arabia's escalating oil price war with Russia will be closely watched.