 2012 NADA Chairman William P. Underriner addresses NADA Convention in Las Vegas
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LAS VEGAS, Nev. (Feb. 6) — Incoming NADA Chairman William P. Underriner brought loud cheers from a packed audience when he said NADA would continue to challenge the proposed federal fuel-economy standards mandating vehicles meet 54.5 mpg by 2025.
Speaking at the closing session of the annual NADA Convention and Expo, Underriner said the proposed standards appear unreasonable and may well price "millions of Americans out of the market."
Meanwhile, the American Truck Dealers (ATD), which held its convention in conjunction with NADA, selected Richard W. Witcher, CEO of Minuteman Trucks in Walpole, Mass., as its new chairman. (For full convention coverage,
visit NADAFrontPage.com)
 Don Chalmers |
DETROIT, Mich., Jan. 17 – At a public hearing today on proposed fuel economy rules for model year 2017-2025 passenger cars and light-duty trucks, NADA urged federal agencies to properly consider the rising consumer cost of new vehicles.
“To work, fuel economy rules must require improvements that are affordable,” said New Mexico Ford dealer Don Chalmers, and chairman of NADA’s Government Relations Committee, at a joint Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) hearing in Detroit, Mich.
“According to EPA and NHTSA, the cumulative cost of all of their fuel economy rules will raise the average price of a vehicle by $3,200. This is not pro-consumer.” (More)
 Paul Taylor |
NADA economist predicts more than 13.9 million new car sales in 2012McLEAN, Va., Jan. 5 – As the U.S. economy continues to improve this year, Paul Taylor, NADA's chief economist, predicts more than 13.9 million new cars and light trucks will be purchased or leased in 2012.
Taylor, who is forecasting sales of 13.945 million new cars and light trucks for 2012 in the United States, cites three key factors for the increase. (Read more)
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