Industry News

From Today’s NADA headlines

NADA Video: Dealership Employee Jeramiah Baker Recounts Devastating Flood Damage in Baton Rouge

Adopt a dealership family at www.nada.org/emergencyrelief.
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CDK Global Announces $10,000 Grant to NADA Fund for Families Affected by Louisiana Floods

"Our hearts go out to the families affected by this tragedy," said Yvonne Surowiec, chief people officer at CDK Global.
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U.S. Auto Sales Seen Sliding for August on Dialed-Down Discounts

August reports arriving on Thursday may show a seasonally adjusted annual sales pace of about 17.2 million cars and light trucks, according to a Bloomberg survey of analysts, down from a 17.9 million rate in July that was the highest of the year.
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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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