Industry News

From Today’s NADA headlines

Invite a Member of Congress to Your Dealership This Year

With Election Day nine months away and several legislative issues unresolved, including preserving dealer-assisted financing ...
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Security, Privacy Musts for Connected-Cars Revolution

Connected cars present a chance to “revolutionize mobility” but they also stand out as “prominent targets” for hackers, Federal Trade Commissioner Terrell McSweeny said.
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VW Delays 2015 Results Due to Open Issues on Emissions

Volkswagen Group said its emissions scandal will delay its publication of last year's results ...
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Top Issues

Congress Rejects CFPB's Attempt to Eliminate Dealer Discounts in the Showroom

McLEAN, Va. (Nov. 18, 2015)--Democrats and Republicans joined forces in the U.S. House of Representatives on Wednesday to overwhelmingly pass legislation to protect consumers by bringing transparency and accountability to the Consumer Financial Protection Bureau's (CFPB) regulation of the auto finance market.

H.R. 1737, the "Reforming CFPB Indirect Auto Financing Guidance Act," introduced by Reps. Frank Guinta (R-N.H.) and Ed Perlmutter (D-Colo.), passed on a 332-96 vote. 244 Republicans and 88 Democrats voted for the bill. (Read more)

The Benefits of Franchised Auto Dealers

The current franchised new-car dealer model has benefited consumers, manufacturers and local communities for nearly a century. NADA's "Get the Facts" page sets the record straight about the benefits of the franchise system for consumers and local communities all over America.

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