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, […]
Auto Groups Call on President Trump to Consider Auto Repair Facilities Essential Services and Remain Open During Outbreak
The National Automobile Dealers Association (NADA) and the Alliance for Automotive Innovation, that represents vehicle manufacturers, in a letter yesterday, asked President Trump to provide guidance for state and local governments considering closing non-essential businesses or implementing shelter-in-place orders to exempt auto repair, maintenance and sales facilities. The letter stated, “Given the importance of safe […]
Business Groups Applaud Senate Passage of USMCA
Automotive and general business groups are applauding the passage of the the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated in 2018 to replace the existing North American Free Trade Agreement (NAFTA). In a rare display of bi-partisanship in the face of the impeachment trial of President Trump, the Senate voted 89-10 yesterday in support of the […]
NADA Forecasts Slight Decline in 2020 U.S. Auto Sales to 16.8 Million New Vehicles
The National Automobile Dealers Association (NADA) released its annual new-vehicle sales forecast for 2020 in December. The group predicts a slight decline in sales and continued movement away from cars to light trucks. “We expect new light-vehicles sales will come in at 16.8 million units for 2020, roughly a 1.2 percent drop from 2019 sales […]
Dealership Body Shop Sales Up in First Six Months of 2019
While sales are up, NADA mid-year report sees slight decrease in percentage of dealers operating body shops. According to the latest data from the National Automobile Dealers Association (NADA), sales at dealership body shops increased in the first six months of 2019 compared to the same period last year. According to NADA, the total auto […]
NADA Urges Congress to Pass New North American Trade Pact
National Automobile Dealers Association (NADA) 2019 Chairman Charlie Gilchrist announced October 8 the organization’s support for the United States-Mexico-Canada Agreement (USMCA) at the Automotive Press Association luncheon in Detroit, Mich. The USMCA was signed last November by the United States, Canada and Mexico and the new trade agreement is designed to replace the North American […]
Hyundai Donates $50,000 to the NADA Foundation Workforce Initiative
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 […]