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NADA Shares a Positive Outlook for 2021 Automobile Sales

NADA predicts healthy sales volumes coupled with healthy transaction prices and profitability will persist as the industry shows strong resilience amid disruption.

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NADA Chairman Paul Walser: 2021 Brings New Opportunities for Auto Dealers Nationwide

Paul Walser, NADA's 2021 Chariman, recently released a message to the association's members.

A New Era: Walser Automotive’s Paul Walser Leads NADA as 2021 Chairman

As Paul Walser steps into the role of chairman of National Automobile Dealers Association, the Minnesota dealer will aid members in ushering in a new era of auto retail and overcoming the challenges presented over the course of 2020.

NADA: Winter 2021 Dealer Attitude Survey is Now Open

The survey results convey a timely and comprehensive assessment of dealer sentiment to auto manufacturers.

NADA Market Beat: New-Vehicle Sales Down Slightly Compared to Previous Two Months

For 2020, NADA expects that new light-vehicle sales will total 14.2 million units. There may be some regional ups and downs in sales as the country deals with spikes in COVID-19 cases throughout the winter months.

NADA Makes Major Leadership Announcements

On October 20, the National Automobile Dealers Association (NADA) made several leadership announcements for 2021.

NADA Issues Analysis of Third Quarter 2020 Auto Sales

NADA issued its analysis of U.S. auto sales and the economy following the third quarter of 2020.

NADA Market Beat: New Light-Vehicle Sales Continue to Recover

August’s SAAR of 15.2 million units marked a 4.8% increase from July’s SAAR of 14.5 million units but is down 11% compared with August 2019.

Treasury Issues Guidance on Payroll Tax Holiday

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.

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NADA Issues Second Quarter 2020 Auto Sales Analysis

During this quarter, retail sales recovered much more quickly than fleet sales from the effects of the COVID-19 pandemic.