Senate Passes NADA-Backed S.J.Res. 57 to Rescind Flawed Auto Lending Guidance

Yesterday, by a bipartisan vote of 51-47, the Senate approved S.J.Res. 57, which rescinds the Consumer Financial Protection Bureau’s (CFPB’s) flawed auto finance guidance. 

Shop the Expo

Continue to Shop the 2018 NADA and ATD Expos

The 2018 Expo is available all year long to registered attendees. Continue to shop the Expo on our MyPlanner website.

New ATD Report: Employment at U.S. Commercial Truck Dealerships Up 12%

“Overall employment at U.S. truck dealerships is the highest it has been in the last five years,” said ATD Senior Economist Patrick Manzi. “Truck dealers continue to contribute to their communities with jobs that pay well and offer the ability for advancement.”

Dealer Alert: Senate Vote Today on Repeal of CFPB’s Flawed Auto Finance Guidance

All Dealers Should Call Their Senators TODAY to Urge a “YES” Vote for S.J.Res. 57.

NADA Supports Efforts in Congress to Preserve Consumer Auto Loan Discounts

Two separate measures are under consideration in Congress to repeal the Consumer Financial Protection Bureau’s (CFPB) deeply flawed and anti-consumer auto financing guidance from 2013 that pressures indirect auto lenders to eliminate the ability of local dealerships to offer discounted auto loans to their customers.

Carrying the ATD Torch Forward

It’s my honor to carry the ATD torch and pick up where Steve Parker, our immediate past chairman, left off—in serving ATD and all its members for the next two years.

Time for Spring Cleaning in the Accounting Office

After the flurry of winter activity….the year-end close, LIFO preparation, OEM financial statement changes, and audit and tax preparations…many of our New Year’s resolutions to clean up our books and implement new processes may have become buried under other priorities.

How to Increase Customer Retention and Grow Revenue

The annual Dealership Workforce Study (DWS) takes a hard look at your most valuable resource: your employees. Are you paying them competitively? Are your benefit packages in line with your peers’? Is turnover a problem, or is it par for the course?

Part 2. What Are Some Common Errors in WIP?

Do you pay attention to Work-in-Process? If not, you should. The best way to monitor this is to have this account on a schedule controlled by the RO number.

Reflecting the Community: Diversity at the Dealership

With demographics set to transform the face of America, the automobile industry is continuing to explore how dealers and automakers tackle the internal issue of how best to advance minority and women dealers and dealership managers and encourage diversity.