Industry News

From Today’s NADA headlines

CFPB Based Anti-Discrimination Settlements on 'Half-Baked' Statistics

The Consumer Financial Protection Bureau launched an anti-discrimination crusade against banks giving auto loans in 2012 based not on specific complaints by consumers ...
Read more

Cash for Nissan's Preferred Dealers

In its drive to grab more U.S. market share, Nissan North America is quietly forming alliances with selected dealers ...
Read more

Nissan Profit Boosted By Strong U.S. Demand

Nissan Motor Co. reported a 24 percent increase in operating profit in the latest quarter on the back of booming North American sales ...
Read more

Read more Headlines

Top Issues

NADA Responds to Release of Second House Financial Services Committee Report on CFPB

TYSONS, Va. (Jan. 20, 2016)-The National Automobile Dealers Association (NADA), through its spokesman Jared Allen, issued the following statement in response to the release Wednesday of the House Financial Services Committee report " Unsafe at Any Bureaucracy, Part II":

"This report further confirms that the CFPB's campaign to eliminate auto loan discounts costs consumers money. The CFPB should instead consider the U.S. Department of Justice solution that fully addresses the Bureau's concerns about fair credit risk in auto lending, but that doesn't needlessly cost consumers money or harm the very people the agency is trying to help. There is substantial bipartisan support in Congress to force the CFPB to bring transparency and accountability into their policymaking, and for very good reason." ( 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.

Learn More