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 […]
NADA Economist Projects Sustained New-Vehicle Sales
Forecast calls for slight decline in 2017 sales to 17.1 million vehicles. The strong economic growth that propelled new-vehicle sales to back-to-back record years in 2015 and 2016 is on pace to continue into 2017, said Steven Szakaly, chief economist of the National Automobile Dealers Association (NADA) at a press briefing during the NADA Convention […]
NADA Blasts EPA for Rush on 2025 Emissions Standards
Dealer association says EPA’s rush to final emission standards will make personal transportation more expensive and delay purchases of cleaner, safer vehicles. The National Automobile Dealership Association (NADA) President Peter Welch last week issued a statement in response to the EPA’s decision to finalize 2015 emission standards. “Washington today decided to make new cars and trucks more expensive […]
NADA Forecasts Slight Decline in U.S. New Vehicles Sales to 17.1 Million in 2017
Steven Szakaly, chief economist of the National Automobile Dealers Association, is predicting sales of 17.1 million new cars and light trucks in 2017, a 1.7 percent decline from projected 2016 sales. With less than two months left in the year, new-vehicle sales are forecast to reach 17.4 million, which would be a slight decline from […]
Percentage of Dealers Operating Body Shops Flat in 2015
Body shop sales and wholesale parts sales both increased last year. According to the latest research from the National Automobile Dealers Association (NADA), 39 percent of dealerships featured on-site body shops in 2015, flat from 2014, but above the 36 percent in 2013. Based upon the percentages reported by NADA, there were approximately 6452 dealers […]
NADA Forecasts a Record 17.7 Million New-Car Sales in 2016
National Auto Dealers Association sees car and light truck sales increasing two percent this year versus 2015. More good news on the auto sales front for the collision repair and auto insurance industries. U.S. sales of new cars and light trucks will set an all-time record in 2016, said Steven Szakaly, chief economist of the […]
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