Industry News

From Today’s NADA headlines

Transportation Agreement Expected Today

Still working out the final details, negotiators didn't end up laying out their conference report Monday ...
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GM, Ford Sales Rise Slightly While FCA Gains 3% on Strong Jeep Volume

The Detroit 3 all reported gains in November sales as demand for trucks, SUVs and crossovers remained strong.
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Generous Incentives, Sweet Lease Deals Worry Auto Analysts

It would behoove automakers to ease up on the sweet lease deals and generous incentives.
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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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