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March 31, 2015

NADA Chief Economist Maintains 16.94 Million-Unit Prediction

The National Automobile Dealers Association maintained its 16.94 million-unit prediction for new-vehicle sales in 2015. The association’s chief economist said the trade group is revising its outlook for the Fed raising rates, as low oil and gas prices continue to limit inflation.

March 9, 2015

Sales at Your Fingertips

The explosion in smartphone usage among car shoppers put phone leads ahead of Internet leads at the close of 2014, a trend reflected in the deluge of mobile-ready offerings lining the aisles at NADA 2015.

February 19, 2015

Five Trade Groups Urge CFPB to Fix ‘Flaws’ in Fair Lending Enforcement

A coalition of five trade groups representing the nation’s largest auto finance sources urged the CFPB to review and respond publicly to a study that questions its methodology for measuring disparities in dealer reserve.

February 12, 2015

Penske Posts Most Profitable Year Behind Strong Q4 Performance

Penske Automotive Group realized a 16% increase in revenue and a 14% bump in adjusted income from continuing operations in 2014’s fourth quarter. The dealer group’s CEO also discussed its plan to pilot the NADA’s fair credit compliance program at four stores.

January 26, 2015

Cox Automotive Woman of the Year Named at NADA Convention

Michelle Prim, managing partner of Cascade Auto Group, was named the Cox Automotive Woman of the Year at this year's NADA Convention & Expo.

January 13, 2015

NADA Academy Adds Senior Consultant

NADA Academy has appointed Camron Wilson as senior consultant of OEM and Allied Educational Solutions, a new position designed to expand collaboration with OEMs, allied industries and dealership staffs through online and instructor-led training.

November 18, 2014

NADA: New-Car Sales to Rise to 16.94 Million in 2015

At the NADA /J.D. Power Western Automotive Conference this week, NADA Chief Economist Steven Szakaly predicted that new-car and light truck sales will hit 16.94 million units in 2015.

October 14, 2014

Dealers Increased Charitable Giving in 2014, Survey Shows

More than 70% of new-car dealers surveyed in September said they increased their charitable giving in 2014, according to a new survey conducted by the NADA and Ally Financial.

September 16, 2014

Bill to Rescind CFPB Auto 'Guidance' Gains Support in Congress

More than 400 dealers traveled to the nation’s capital in support of a new bill that could nullify the CFPB’s guidance on auto lending.

September 11, 2014

NADA Shows Support for New CFPB Reform Bill

The NADA is urging Congress to pass a new bipartisian bill introduced this month that would nullify the CFPB’s guidance on auto lending and require more transparency from the bureau in the future.