Month: April 2018

The Final Drive Against the CFPB’s Auto Financing Guidance

My fellow dealers, we are on the 2-yard line. And if we can get the ball across the goal line, our efforts to finally rescind this deeply flawed and anti-consumer CFPB guidance will have at long last have paid off.

House Vote on S.J.Res 57 to Rescind CFPB Flawed Auto Lending Guidance Expected Week of May 7

House passage of S.J.Res. 57 would end the CFPB’s attempt to eliminate dealer reserve and consumer discounts on auto loans.

NADA Professional Series: New Development Program for Dealership Sales Managers

Register for the Sales Management track in NADA’s new Professional Series. This program will provide the expertise and training needed to fill the skill gaps and develop your ideal career path.

NADA Show Workshop recordings

NADA and ATD Members: View 2018 Show Workshop Recordings

Workshop Recordings from NADA Show and ATD Show 2018 are now available as an exclusive membership benefit.

NADA Professional Series: New Development Program for Dealership Office Managers

Register for the Office Management track in NADA’s new Professional Series. This program will provide the expertise and training needed to fill the skill gaps and develop your ideal career path.

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. 

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.