The first quarter of 2022 came to a close with new-light vehicle sales in March totaling a SAAR of 13.4 million units, a decline of 4.6% compared to February 2022 and a decline of 24.4% compared to March 2021’s SAAR.
April 11, 2022
The month’s SAAR totaled 13.3 million units, down from 14 million in February and off 24.4% from March 2021’s SAAR of 17.6 million units.
April 6, 2022
NADA predicts healthy sales volumes coupled with healthy transaction prices and profitability will persist as the industry shows strong resilience amid disruption.
April 8, 2021
On October 20, the National Automobile Dealers Association (NADA) made several leadership announcements for 2021.
October 21, 2020
The Department of the Treasury issued guidance on the Aug. 8, 2020 Presidential Executive Order that defers an employer’s obligation to withhold, deposit, and pay the employee’s portion of the payroll tax on wages earned between Sept. 1, 2020 and Dec. 31, 2020.
August 31, 2020
During this quarter, retail sales recovered much more quickly than fleet sales from the effects of the COVID-19 pandemic.
July 13, 2020
As auto dealers, we know disruption; it isn’t new and it will never stop. In fact, we’ve found a way to grow and thrive out of disruption, and the coronavirus pandemic will serve as yet another example of dealers adapting and overcoming our challenges.
April 23, 2020
As the first quarter of 2020 has come to a close, the National Automobile Dealers Association issued an analysis of U.S. auto sales and the economy, including the initial impact of the COVID-19 pandemic on both.
April 7, 2020
The NADA Retirement Program from Empower will waive fees on all new retirement plan loans and hardship withdrawals to support dealerships and their employees’ financial needs resulting from the COVID-19 outbreak.
April 6, 2020
Even as they are operating in a challenging environment where customers and employees are staying home and the rules of operation change every day, auto dealers across the country are pitching in and doing their best to help their communities weather the pandemic.
April 6, 2020
NADA Chairman Rhett Ricart released a statement in response to the Senate passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
March 26, 2020
New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.
March 5, 2020
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