Industry News

From Today’s NADA headlines

Buffett Says He'll Buy More Auto Dealerships

Successful investor Warren Buffett, who owns shares of General Motors and 78 auto dealerships in 10 states ...
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New Study Outlines Best Practices to Improve Automotive Dealership Performance in the Digital Age

U.S. new-car dealers have tremendous opportunities to expand their businesses and improve profitability, despite challenges to current retailing models, consultants from McKinsey & Company said today at the 2015 NADA / J.D. Power Automotive Forum in New York.
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NADA Expects Interest Rates to Hold Through Summer, Boosting Sales

The National Automobile Dealers Association predicts the Federal Reserve will hold off on raising interest rates through the summer ...
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Top Issues

Latest NADA Initiatives

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.

The Reforming CFPB Indirect Auto Financing Guidance Act

In 2013, the Consumer Financial Protection Bureau (CFPB) issued guidance that threatens to eliminate dealers' flexibility to discount the interest rate offered to consumers to finance vehicle purchases. The CFPB is attempting to change the $905 billion auto loan market and limit market competition without prior public comment and without analyzing the impact of its guidance on consumers. With the CFPB's actions likely to raise the cost of credit for car buyers, Congress should pass H.R. 5403 to rescind the CFPB's flawed auto finance guidance and make the Bureau more transparent and accountable when issuing future auto finance guidance.

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