Industry News

From Today’s NADA headlines

Their Ranks Thinned, the Surviving Car Dealerships Thrive

The franchise car dealer is not only surviving, but even thriving.
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CNBC to Live Stream Interview with Buffett and Van Tuyl at Auto Forum on March 31

The fireside chat during the sold-out NADA / J.D. Power Automotive Forum with Warren Buffett, chairman and CEO of Berkshire Hathaway, and Larry Van Tuyl, chairman of Berkshire Hathaway Automotive, will be streamed live by CNBC at 2 p.m. ET on Tuesday, March 31.
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FCA Dealers Strain to Deliver 5-Year Winning Streak

When Fiat Chrysler reports its March sales on Wednesday, April 1, its impressive streak of monthly year-over-year U.S. sales increases will reach five full years -- or fall one month short.
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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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