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With F&I offices being challenged by credit unions and insurance companies like State Farm, the celebrated F&I trainer will offer conference attendees new strategies for increasing finance penetration.
Read More →In order to provide policymakers and journalists with information about the franchised new-car dealer model, the NADA has added a new animated video to its “Get The Facts” initiative.
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A relatively new company is aiming to put dealers back in control of their data, but its founder knows not everyone views his solution as the answer to managing the data.
Read More →The “Get the Facts” initiative provides online materials demonstrating the benefits of franchised dealerships, which the association is encouraging dealers to share on their own websites.
Read More →The NADA Used Car Guide’s used-vehicle price index reached a new high in May. But the NADA believes recent trends point to prices tracking back toward the firm’s predicted pricing path for the year.
Read More →According to a report commissioned by the NADA, the average dealership incurred $182,754 in costs to comply with federal mandates in 2012.
Read More →The U.S. Senate unanimously approved a bill last week that eliminates a provision in the Clean Air Act that requires dealers issue a certificate to consumers that confirms a vehicle’s compliance with the law.
Read More →The number of people employed by the automotive retail industry topped the 1 million-person mark last year, with the average new-car dealership employing, on average, 57 people, the NADA reports.
Read More →Four providers of biweekly payment providers responded on May 20 to a memo the NADA issued to its members on May 8. They say the association overlooked key benefits when it cautioned dealers about how such products are presented to consumers.
Read More →A memo released by the NADA this week states that the CFPB’s proposed method for eliminating fair lending risk in the auto lending arena would do no such thing. Instead, dealers would still have discretion when it comes to selecting a finance source for their customers.
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