Industry News

From Today’s NADA headlines

Consumers for Auto Reliability and Safety Chauffeurs for the Trial Bar?

On the surface, CARS looks like any other garden-variety consumer rights organization. The truth, as we’ll see, is somewhat different.
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Commentary: There's No Crisis in the Auto Loan Market

Some recent opinion articles suggest that the increase in today’s auto finance delinquency rates could herald a disastrous lending environment. But this is a very narrow view of what’s happening in the auto finance market today.
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Mercedes Dealers Get Relief on Renovations

"Mercedes hit the sweet spot," said Jeff Aiosa, a Mercedes dealer in New London, Conn., and the brand's line representative for the National Automobile Dealers Association.
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NADA Launches Nationwide Initiative

New nationwide effort promotes the consumer and community benefits of local dealerships

NADA has launched a new initiative designed to promote the benefits of local new car and truck dealerships for consumers, local communities and manufacturers alike. 

The new initiative includes a website and social media channels and features videos of real consumers and dealership staff voicing the benefits of local dealerships in their own words.

"Local dealerships benefit consumers and local communities alike - through price competition that drives down prices, and good paying jobs that drive local economies," said NADA Chairman Mark Scarpelli, who operates four dealerships near Chicago, Illinois. "But doesn't come from the perspective of dealers - it comes from the perspective of real consumers, dealership staff and community leaders who have seen the benefits of local dealerships first hand."

The initiative is being taken up by state and local dealership associations across the country. Robert Glaser, who runs the North Carolina Automobile Dealers Association and chairs Automotive Trade Association Executives (ATAE), plans to be the first state association to take up the initiative. "Local dealerships benefit consumers and local communities in North Carolina and across America," said Glaser. "NCADA is taking up this initiative, and we encourage local dealerships and dealer associations to promote it as well."

NADA will be promoting the initiative throughout 2017 across its digital media channels, including Facebook, Twitter, Instagram and LinkedIn. The initiative was launched as part of NADA's 100th Anniversary.

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