Industry News

From Today’s NADA headlines

CFPB Future Grows Cloudy Under Trump Appointments

The future of the Consumer Financial Protection Bureau is becoming more complicated. Along with the U.S. Court of Appeals’ call to restructure the agency, President-elect Donald Trump’s recent appointments could signal a challenge for the agency.
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Global Automaker Group Seeks to Block EPA from Finalizing MPG Rules

Automakers including Toyota Motor Corp. and Honda Motor Co. have launched a fresh effort to stop the EPA -- before President Obama leaves office -- from cementing a regulation that would slash tailpipe greenhouse gas emissions through 2025.
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Trump to Pick Foe of Obama Climate Agenda to Run EPA

Donald Trump will name Oklahoma Attorney General Scott Pruitt, an ardent opponent of President Barack Obama's measures to curb climate change, as head of the Environmental Protection Agency, a Trump transition team official said on Wednesday ...
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Metro Chicago Auto Dealer Mark Scarpelli Elected 2017 NADA Chairman

NADA's 63-member board of directors elected Mark Scarpelli as chairman for 2017. Scarpelli, who represents metropolitan Chicago's auto dealers on NADA's board, is president of Raymond Chevrolet and Raymond Kia in Antioch, Ill., and co-owner Ray Chevrolet and Ray Chrysler-Jeep-Dodge-Ram in Fox Lake, Ill. Read more

Five Commercial Truck Dealers Nominated for National Award

The American Truck Dealers (ATD), Heavy Duty Trucking and Procede Software announced the nominees for 2017 Truck Dealer of the Year.

The winner and runner-up will be announced during the 54th annual ATD Convention & Expo in New Orleans, which runs from Thursday, Jan. 26, through Sunday, Jan. 29, 2017. Read more

New NADA Study: Employee Wages Rise at New-Car Dealerships

The average annual compensation for employees at new-car dealerships working in all positions was $69,718 in 2015, an increase of 1% from the previous year, according to NADA's 2016 Dealership Workforce Study. Average weekly earnings across all dealership positions were $1,341 in 2015, a 1.4% increase. Millennials now account for 42% of the dealership workforce.  

Note: Dealerships that participated in the study receive the Trends report as well as customized reports. Non-participants can purchase it by calling 800.557.6232.

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