Industry News

From Today’s NADA headlines

Pricing Pressure in U.S., China Raises Fears about Future Profits

The strength of the U.S. and China economies has helped companies like General Motors Co offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.
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GM CEO Dismisses Talk of Merger With Fiat Chrysler

General Motors CEO Mary Barra is dismissing any talk of a possible merger with Fiat Chrysler Automobiles.
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Audi Prepares Electric SUV to Fight Tesla but Bets on Plug-in Hybrids

Audi is set to launch a full-electric SUV with a 310-mile range that will challenge Tesla's Model X crossover, but CEO Rupert Stadler remains cautious about EVs.
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Top Issues

Latest NADA Initiatives

Bipartisan House Bill Seeks to Thwart CFPB's Attack on Auto Financing

NADA applauds the continued bipartisan efforts in Congress to rescind a flawed guidance from the Consumer Financial Protection Bureau (CFPB) that would harm consumers by limiting their ability to obtain discounted auto financing. Reps. Frank Guinta (R-N.H.) and Ed Perlmutter (D-Colo.) have introduced H.R. 1737, the Reforming CFPB Indirect Auto Financing Guidance Act of 2015. The legislation would repeal a CFPB bulletin from 2013 that was designed to pressure lending institutions into eliminating the availability of auto financing discounts. These discounts save consumers millions of dollars every year. With the CFPB's actions likely to raise the cost of credit for car buyers, Congress should pass H.R. 1737 to rescind the CFPB's flawed auto finance guidance and make the Bureau more transparent and accountable when issuing future auto finance guidance.

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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