Association forecasts 2022 sales up 3.4% from last year. The National Automobile Dealers Association (NADA) issued its analysis of 2021 U.S. auto sales and the economy and projections for 2022. “The major theme for new-vehicle sales in 2021 was constrained inventory,” said NADA chief economist Patrick Manzi. “The coronavirus pandemic and resulting microchip shortage and […]
Camron Wilson Named to Newly Created Role of VP of Education and Training at NADA
The National Automobile Dealers Association (NADA) has appointed Camron Wilson to Vice President of Education and Training. In this newly-created role, Wilson will lead all of NADA’s education and training efforts, including professional series, tailored training and program development, and oversee operations of the NADA/ATD Academy. Michael Hayes remains the NADA Academy Chair and will […]
NADA Issues 2020 Auto Sales Analysis, Forecasts 15.5 Million New Vehicle Sales in 2021
The National Automobile Dealers Association (NADA) issued its 2020 analysis of U.S. auto sales and the economy and its 2021 project for sales. “The coronavirus pandemic certainly impacted new light-vehicle sales in 2020, not to mention the U.S. economy as a whole,” said NADA chief economist Patrick Manzi. “Our forecast at the start of 2020 […]
Mike Stanton Named President and CEO of NADA
The National Automobile Dealers Association (NADA) announced that Mike Stanton will serve as the organization’s next president and CEO. Stanton, 52, succeeds Peter Welch, who has led NADA since his appointment by the NADA Board of Directors in January 2013. “NADA is a great organization representing one of America’s most important industries,” said Stanton. “It […]
NADA 2021 Show Moves to Fully Virtual Experience
The National Automobile Dealers Association (NADA) announced that NADA Show 2021 will transition to an all-virtual event experience. Show registration will open in the coming weeks. Information on all aspects of the show is available online. Originally slated to be held in New Orleans in January, NADA Show 2021 will now be held from Tuesday, […]
NADA and SEMA Among Groups Raising Concerns on California Gas-Powered Car Phaseout
Both the National Automobile Dealers Association and the Specialty Equipment Manufacturers Association (SEMA) raised concerns with the announcement last week of California Governor Gavin Newsom’s Executive Order to require all new vehicles to emit zero-emissions by 2035. The California New Car Dealers Association and Alliance of Automotive Innovators had previously raised concerns about the impact […]
NADA President and CEO Peter Welch to Retire at End of 2020
The National Automobile Dealers Association (NADA) on Wednesday announced that President and CEO Peter Welch will be retiring at the end of 2020. Welch, 67, was appointed by the NADA Board of Directors in January 2013 to head the organization. Under his leadership, NADA strengthened its core mission of advocating on behalf of franchised dealers […]
NADA Forecast on 2020 Auto Sales Reduced 20-22%
Dealer association issues first quarter auto sales analysis and its impact on annual sales. As the first quarter of 2020 has come to a close, the National Automobile Dealers Association (NADA) issued an analysis of U.S. auto sales and the economy, including the initial impact of the COVID-19 pandemic. “New-vehicle sales were on a healthy […]
U.S. DOT and EPA Announce Final Rule on 2021-2026 Fuel Economy Standards
Auto industry supports gradual increases in fuel economy, opponents promise lawsuits. The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) released the final Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule setting corporate average fuel economy (CAFE) and CO2 emissions standards for model years 2021-2026 passenger cars and […]
NADA Launches Online Training and Regulation Resource To Help Dealers Navigate COVID-19 Crisis.
The National Automobile Dealers Association (NADA) announced the launch of a new initiative, the Dealership Lifeline Series, to help local dealerships navigate business and regulations in the coronavirus environment. The Dealership Lifeline Series is a collection of webinars, white papers, reports, best practices, and blog posts – all in NADA’s Coronavirus Hub, to provide dealers, […]