Auto Dealer Today caught up with 2022 Chairman Mike Alford to hear about his plans for the industry, today and over the next 12 months.
A coalition has asked the U.S. Treasury Department to grant relief to dealers employing the LIFO tax deferment strategy who face excessive tax bills this spring.
Recent media coverage about rising new-vehicle prices fails to account for unprecedented market conditions in the retail auto market.
NADA Letter to the Editor regarding Bloomberg’s views on EVs and local dealerships.
Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.
New light-vehicle sales totaled 14.93 million units in 2021, up 3.1% from 2020’s 14.47 million. December 2021’s SAAR totaled just 12.44 million units, down 23.7% from December 2020.
A recent study of more than four million active retirement plan participants provides a unique look at the state of Americans’ retirement finances and what today’s workers expect from their employer’s 401(k) plan.
While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well below current demand.
Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
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