Industry News

From Today’s NADA headlines

Feds to Google: Cars Don't Need Drivers

Until now, self-driving cars being road tested needed to have a steering wheel, a brake pedal and an accelerator as well as a driver who could use those features to take control of the car.
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New-Car Dealers Plea: More Trucks, Fewer Cars

U.S. new-car dealers are telling auto makers to limit production of passenger cars in the face of overwhelming demand for trucks and sport-utility vehicles....
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Carmakers Retreat From Quirky Designs as Millennials Embrace Mainstream

It was not too long ago that automakers were tripping over themselves in pursuit of younger buyers, offering boxy wagons and small, jellybean-shape city cars.
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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.

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