Category: News
NADA Update on EV Tax Credit
On Tuesday, Sept. 14, the House Ways and Means Committee debated electric vehicle (EV) tax credits as part of the budget reconciliation bill, and those provisions will be voted on […]
NADA Market Beat: New Vehicle Sales Decline Amid Inventory Constraints
New light-vehicle sales in August continued to decline amid still-shrinking inventory on dealer lots. Sales in August totaled a SAAR of 13.1 million units, the lowest level since June 2020’s 13 million.
NADA Market Beat: Inventory Continues to Impact New-Vehicle Sales
Despite production limitations from the chip shortage, new-vehicle demand remains strong among both retail and fleet customers. Our total 2021 forecast for new light vehicles is 16.5 million units.
ATD Truck Beat: Commercial Truck Sales Up Across Segments
Sales rose because of solid freight demand, as many sectors of the economy reopened and more consumers returned to their normal routines.
NADA Honors Life of Director of Program Development and Academy Instructor Michael Fullam
NADA’s director of Program Development, Michael Fullam, passed away on July 8 after a fight against cancer.
NADA Issues 2021 Second Quarter Auto Sales Analysis
In the second quarter of 2021, sales totaled a 17.0 million unit SAAR, up slightly from the 16.9 million unit SAAR in the first quarter of 2021.
NADA Market Beat: Inventory Constraints Limit New-Car Sales
New light-vehicle sales fell for the second straight month in June.
NADA Market Beat: May Sales Strong; Slight Fall from April’s Highs
New light-vehicle sales remained strong in May but fell slightly from April’s highs.
NADA Market Beat: New Light Vehicle-Sales Top 18 Million Unit SAAR for Second Straight Month
April’s new light-vehicle sales saw an 18.5 million-unit SAAR—the second straight month (following a March revision) of sales above 18.0 million units and the highest monthly sales rate since July 2005 with a 20.6 million SAAR.
NADA Partners with EPA in ENERGY STAR Program to Support Environmental Efficiency
Before franchised car and truck dealerships can obtain ENERGY STAR certification, NADA must collect baseline comparative nationwide data on dealership energy use.