Hyundai Motor America has contributed $50,000 to the National Automobile Dealers Association (NADA) Foundation’s Workforce Initiative. “We really like the NADA’s new approach to getting young people excited about being technicians, and Hyundai is committed to working side-by-side with NADA to accomplish this,” said Barry Ratzlaff, vice president and chief customer officer for Hyundai Motor […]
Percentage of Dealers Operating Auto Body Shops Declined in 2018
Both the percentage of dealers operating collision repair facilities and dealership shop sales decreased last year versus 2017. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealership operating on-site body shops was down in 2018 versus the previous year. NADA’s research pegs the percentage of dealers operating on-site […]
New Vehicle Sales Up Slightly in 2018, Forecast for 2019 is Down
Light trucks up as car market share falls to lowest point in U.S. history. According the National Automobile Dealers Association (NADA) despite rising interest rates and a volatile stock market, U.S. light-vehicle sales closed out 2018 strong. The Seasonally Adjusted Annual Rate (SAAR) of sales was 17.51 million in December 2018 was the second highest […]
Automotive Groups Urge White House Not to Impose Tariffs on Imported Autos and Auto Parts
Vehicle manufacturers, dealers and aftermarket companies join together in opposition to higher tariffs. Seven automotive industry groups representing vehicle manufacturers, dealers and both OEM and aftermarket suppliers have joined together to urge the White House to not impose higher tariffs on imported autos and auto parts. The groups include: Alliance of Automotive Manufacturers American Automotive […]
NADA Warns Auto Tariffs Will Raise Prices, Limit Choice and Depress Demand for New Cars and Trucks
In comments filed June 29 to the U.S. Department of Commerce, the National Automobile Dealers Association (NADA) opposed the imposition of new tariffs or quotas on imported automobiles or automotive parts. NADA fears that any new tariffs or quotas will result in higher vehicle prices and reduced choice. The NADA is one of the latest […]
Percentage of Dealers Operating Auto Body Shops Up in 2017
While the percentage of dealers operating facilities is up, dealership collision repair shop sales decreased last year versus 2016. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealership operating on-site body shops was up in 2017 versus the previous year. NADA’s research pegs the percentage of dealers operating […]
NADA’s New-Vehicle Sales Forecast Remains Unchanged at 17.1 Million for 2017
Sales of new light-vehicles down 2.2 percent in first six months of this year. With six months of U.S. new-vehicle sales in the books, the National Automobile Dealers Association (NADA) is holding steady at its original sales forecast of 17.1 million new cars and light trucks for 2017. Through the first six months of the […]
NADA Reports Light Trucks Account for 63% of New-Vehicle Sales through May
According to the National Automobile Dealers Assocation (NADA) May edition of Mark Beat, sales of new crossovers, SUVs and pickup trucks continued to gain market share through the first five months of 2017 in the U.S. “While May traditionally is a good month for selling cars, light-vehicle sales came in below expectations,” said NADA Chief […]
Percentage of Dealers Operating Body Shops Down in 2016
While the percentage of dealers is down, dealership body shop sales increased over last year. According to the latest research from the National Automobile Dealers Association (NADA), 37 percent of dealerships featured on-site body shops in 2016, down from 39 percent in 2015 but above the 36 percent in 2014. Based upon the percentages reported […]
NADA Expects 2017 Vehicle Sales to Remain at 17.1 Million
Despite some economic headwinds on the horizon, the National Automobile Dealers Association is holding steady at its original U.S. sales forecast for new cars and light trucks this year. “Overall, we still expect sales and leases to reach 17.1 million new vehicles in 2017, with the expectation that rising consumer incentives will overcome any increases […]