Industry News

From Today’s NADA headlines

Peyton Manning to Speak at NADA Convention in Las Vegas

Peyton Manning, who became the first NFL quarterback in history to win a championship with two different teams, will deliver remarks at the NADA convention in Las Vegas next month.
Read more

The High Consequences of Low Interest Rates

At the start of 2016, Americans were bracing for interest rates to rise significantly for the first time since the financial crisis.
Read more

About 1 in 5 U.S. Vehicles Has Open Safety Recall, Carfax Says

Nearly one in five vehicles on U.S. roads is in need of repair of a safety issue serious enough to be involved in a federal government recall ...
Read more

Read more Headlines

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.

Learn More