Spectrum Automotive Declares National Sector Observance
First National Automotive Industry Day will be marked on Oct. 1

Spectrum Automotive chose the date of the first Model T's production for the national industry holiday.
Ford
Spectrum Automotive Holdings secured a national holiday recognizing the greater automotive industry, choosing Oct. 1 for the observance because that date in 1908, the first Model T was produced from Henry Ford's now famous assembly line. The company says the new production technology cut the time to build a vehicle from 12 hours to 93 minutes.
The company describes how and why it pursued the national industry holiday and what auto dealers can do to celebrate it each year:
What is National Automotive Industry Day? National Automotive Industry Day celebrates the automotive sector’s century-long role in shaping the U.S. economy, culture, and society. On Oct. 1, 1908, the first Ford Model T, considered by most to be the first mass-affordable automobile and the first car to come off an assembly line, was produced in a Detroit, Mich. Ford plant. By formally recognizing the industry’s historic achievements, immense economic contributions, cultural impact, and ongoing innovation, we honor the past and chart a vision for the automotive future.
How should National Automotive Industry Day be celebrated or observed? Social media promotion and celebrations across the automotive industry honoring employees, owners, trailblazers through education on the industry’s transformative nature
Why was National Automotive Industry Day created? It’s the perfect way to highlight and celebrate the automotive industry’s transformative staying power, in addition to it being a symbol of freedom and mobility. Overall, the automotive industry has provided for economic impact and job creation; cultural and social contributions, including pop culture iconography and formation of the middle class; environmental and technological innovation (green evolution and looking ahead to autonomous vehicles); educational and inspirational value (STEM, museums, innovation showcases for safety, fuel technologies, design); bridging communities and generations.
More Industry

Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Need for Speed: EV Apps Lack Consistency
Fifty-five percent of surveyed EV owners said their mobile applications had a major or moderate impact on their purchasing decisions, but connectivity issues remain a problem.
Read More →
Inventory of New Units Stable
Auto brands spent April clearing out most of their 2025 supply with incentives while holding firm on 2026 prices, striking a balance to meet demand and protect their bottom lines.
Read More →
Auto Trade Group Supports Emissions Delay
The Alliance for Automotive Innovation announced its support of a delayed timeline for federal emission standards for light- and medium-duty vehicles.
Read More →
Backup Cameras Causing Concern
Research has shown that the devices bring significant safety benefits, though many recalled U.S. units have yet to be repaired.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Air Bag Inspections Urged
ASE has issued guidance for service technicians to inspect units in vehicles they work on to ensure they’re not suspect air bags linked to deaths.
Read More →
Michigan Auto Group Acquires Ohio Rooftops
Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.
Read More →
BMW Group Invests in AI
Its venture capital arm, BMW i Ventures’, third fund will focus on agentic and physical artificial intelligence, as well as sustainable industrial processes and materials.
Read More →
Subaru Exec Retires, Role Evolves
Subaru of America is revamping its fixed operations department to emphasize the automaker’s commitment to enhancing customer ownership experience.
Read More →