Industry News

From Today’s NADA headlines

Volkswagen Gets Initial Approval of $14.7 Billion Settlement With U.S. Drivers

A federal judge granted preliminary approval to Volkswagen AG ’s $14.7 billion settlement with U.S. drivers of diesel-powered vehicles on Tuesday, clearing the way for the company to put the plan into action and put the emissions scandal behind it.
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Safety Features Score Big, Boosting New-Vehicle Appeal, J.D. Power Study Finds

Popular driver-assist technologies help make vehicles considerably more appealing to their owners, according to the J.D. Power 2016 U.S. APEAL Study, released today.
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Fiat Chrysler Revamps U.S. Sales Reporting Amid Federal Probes

Fiat Chrysler Automobiles said on Tuesday it had revised more than five years of monthly U.S. vehicle sales figures to reflect a new reporting method, amid an investigation by federal authorities into claims of inflated sales figures.
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Dealer Attitude Survey: Lexus, Toyota and Subaru Achieve Top Overall Scores

Lexus ranked No. 1 overall among automotive brands in a recent survey that measured auto dealer sentiment of franchise value, automaker policies and automaker field staff. Toyota was second, followed by Subaru, Honda, Porsche, Ford, Mercedes-Benz, Kia, Jeep, and Audi. NADA's' Dealer Attitude Survey, which is conducted twice a year, conveys timely dealer sentiment with the goal of encouraging automakers to regularly engage in constructive and beneficial exchanges with their dealers. (Read more)

Peter Fong to Lead NADA Dealership Operations

TYSONS, Va. (June 7, 2016) - Peter L. Fong has joined NADA as senior vice president of Dealership Operations. Fong brings more than 20 years of industry experience to NADA, having held numerous executive-level sales, marketing and brand management positions at Ford Motor Company and Chrysler Group LLC. Fong also guided Carmoza, an auto transport start-up company, through its merger and acquisition. (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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