Industry News

From Today’s NADA headlines

Volkswagen Passes Toyota as Largest Automaker in 2016's First Half

Volkswagen Group accelerated past Toyota Motor for the title of world's largest automaker for the first half of 2016 despite the German automaker's slumping U.S. sales amid its emissions scandal.
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Ford Calls an End to U.S. Auto Boom, Rivals Bet Other Way

Ford Motor Co. on Thursday declared the U.S. auto industry's long recovery is at an end, sending its stock and those of rival auto companies tumbling.
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July U.S. Auto Sales up 2.4 percent, Full-Year Sales to Drop: Forecasters

U.S. July auto sales likely rose 2.4 percent from a year earlier, but full-year sales will not match last year's record, forecasters J.D. Power and LMC Automotive said on Friday.
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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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