Industry News

From Today’s NADA headlines

Time to Register for NADA 2017, Plus Drones to the Rescue!

If you haven’t already, now is the time to make your arrangements to attend the NADA Convention & Expo in New Orleans, Jan. 26–29. If you’re the principal at your dealership, NADA 2017 is a great place to see what direction the auto industry is heading, and to see the innovations that are coming.
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CO2 Ruling Puts Trump, Automakers in a Bind

The politics of fuel economy just got messier. The EPA's surprise decision last week to uphold its greenhouse-gas targets keeps the auto industry pretty much where it was, on the road to cleaner and more efficient cars, and in pursuit of a light-vehicle fleet that averages more than 50 mpg by 2025.
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Ford Willing to Work With Trump If Policies Are Right: CEO

Mark Fields, president and CEO of Ford Motor Company, will sit down with NADA Chairman Jeff Carlson for a fireside chat during the opening general session of the 2017 NADA Convention and Expo in New Orleans on Jan. 27.
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Metro Chicago Auto Dealer Mark Scarpelli Elected 2017 NADA Chairman

NADA's 63-member board of directors elected Mark Scarpelli as chairman for 2017. Scarpelli, who represents metropolitan Chicago's auto dealers on NADA's board, is president of Raymond Chevrolet and Raymond Kia in Antioch, Ill., and co-owner Ray Chevrolet and Ray Chrysler-Jeep-Dodge-Ram in Fox Lake, Ill. Read more

Five Commercial Truck Dealers Nominated for National Award

The American Truck Dealers (ATD), Heavy Duty Trucking and Procede Software announced the nominees for 2017 Truck Dealer of the Year.

The winner and runner-up will be announced during the 54th annual ATD Convention & Expo in New Orleans, which runs from Thursday, Jan. 26, through Sunday, Jan. 29, 2017. Read more

New NADA Study: Employee Wages Rise at New-Car Dealerships

The average annual compensation for employees at new-car dealerships working in all positions was $69,718 in 2015, an increase of 1% from the previous year, according to NADA's 2016 Dealership Workforce Study. Average weekly earnings across all dealership positions were $1,341 in 2015, a 1.4% increase. Millennials now account for 42% of the dealership workforce.  

Note: Dealerships that participated in the study receive the Trends report as well as customized reports. Non-participants can purchase it by calling 800.557.6232.

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