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NADA

NADA Report Shows Sales Compensation Soar

Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.

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Down Economy Requires Dealers to Up Their Game, Say Experts

In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.

NADA Board Elects Geoffrey Pohanka as 2023 Chairman

The 65-member board of directors of the National Automobile Dealers Association elected Metro Washington, D.C., area dealer Geoffrey Pohanka.

NADA Releases Third Quarter 2022 U.S. Auto Sales Analysis

The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4 million units during the second quarter of the year.

FTC Rules Top Concerns in NADA Update

NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.

NADA: September 2022 New Light-Vehicle Sales Up 9.6%

New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.

FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

NADA Issues Statement in Relation to FTC’s Refusal to Extend Comment Period for Sweeping Auto Retail Rule

NADA again urges the FTC to go back to the drawing board before forcing a series of unstudied and untested mandates lacking evidence that will have such significant negative impacts on customers.

NADA Challenges the FTC’s New Advertising and F&I Rules

The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.

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EV Prices Continue Upward Trend

CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.

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