Industry News

From Today’s NADA headlines

In Louisiana, Devastation 'Beyond Belief'

For information on how to contribute, visit the NADA website at nada.org/EmergencyRelief.
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Proposed Regulations Would Limit Valuation Discounts For Gift and Estate Taxes

The IRS has issued proposed regulations that are intended to disallow or significantly curtail many valuation discounts. These discounts are one of the most effective methods used by dealers in estate planning.
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Forecast: U.S. Light Vehicles Sales Weaken in August

A WardsAuto forecast calls for August U.S. light-vehicle sales to reach a 17.4 million-unit seasonally adjusted annual rate ...
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Top Stories

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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