Industry News

From Today’s NADA headlines

Cyber Monday: Early-Bird Registration for the NADA Convention Extended to Dec. 4

For dealers and their managers planning to attend the 2016 NADA Convention & Expo in Las Vegas, this is the final week to receive the early-bird rate—a $100 discount from the onsite registration rate.
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Letter to The New York Times: Insulting Consumers Won't Help EV Sales

Take it from a car dealer: Insulting consumers isn't a great recipe for retail success. Nevertheless, that's exactly what The New York Times did in a Nov. 24, 2015 article, "A Car Dealers Won't Sell: It's Electric."
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U.S. Auto Sales Head Toward Records as Carmakers Pour On Deals

Automakers, already poised to break U.S. sales records for both November and the year in a strengthening economy, are leaving nothing to chance....
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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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