Industry News

From Today’s NADA headlines

NADA Urges Trump Administration to Reverse Obama EPA's Final Determination on Fuel Economy

NADA President and CEO Peter Welch on Friday issued a statement in response to the Obama Administration’s issuance of a final midterm evaluation of light-duty greenhouse gas standards for model years 2022-2025.
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EPA Accuses Fiat Chrysler of Cheating Emissions Laws

U.S. regulators accused Fiat Chrysler Automobiles of violating emissions standards in more than 100,000 diesel vehicles, spawning concerns that the company could become ensnared in a scandal like the one that engulfed Volkswagen Group.
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Takata to Pay $1 Billion to Settle U.S. Air Bag Probe

Japan's Takata Corp. is expected to plead guilty to criminal wrongdoing as early as Friday as part of a $1 billion settlement with the U.S. Justice Department over its handling of air bag ruptures ...
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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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