Industry News

From Today’s NADA headlines

Ohio Dealer Groups Donate $15,000 to NADA Foundation for Louisiana Flood Relief Efforts

To apply for assistance or to contribute to the fund, visit www.nada.org/emergencyrelief or call 703.821.7102.
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VW to Lower U.S. Prices in Uphill Battle to Lift Plunging Sales

VW on Thursday agreed to pay 652 dealers about $1.2 billion, a person familiar with the matter said.
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Amazon Pushes Deeper Into Auto Industry With Research Site

Amazon is also partnering with Hyundai Motor Co. to bring new cars to customers interested in taking on-demand test drives through a program called “Prime Now. Drive Now.”
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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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