Category: News

Takin’ It to the Streets

Rock and roll legends The Doobie Brothers hung out in, and drew inspiration from, a house that a dealer family built.

NADA Issues Analysis of 2021 First Quarter Auto Sales

The economy continues to show strong signs of recovery from the coronavirus pandemic. The widespread dissemination of the COVID-19 vaccine and the stellar new light-vehicle sales in March are reasons to be optimistic for the remainder of 2021.

NADA Market Beat: March New Light-Vehicle Auto Sales Incredibly Strong

New light-vehicle sales in March 2021 were stellar. March’s SAAR of 17.75 million units is the second highest of all time for the month and just shy of March 2000.

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

The beauty of our industry is that anyone can thrive—even through market turmoil culture and a global pandemic. I commend fellow dealers for your hard work through these unprecedented times.

NADA Market Beat: New Light-Vehicle Sales Fall Slightly in February

Despite the chip shortage headwinds, we are very optimistic about new-vehicle sales in 2021. We expect continued steady retail demand and improving fleet demand growth throughout the rest of the year.

NADA 2021 Chairman Paul Walser Says Dealers Must “Look at Things Differently” to Succeed and Strengthen Franchise System

Paul Walser, in his first remarks as NADA 2021 Chairman, urged dealers to look inward, think differently and take on new challenges in order to promote and strengthen the franchise system during a pivotal year for the industry.

Auto Sector Faces Regulatory Changes in Biden Administration

On January 28, NADA hosted a webinar entitled “2021 Policy Outlook: What Changes Can Be Expected in the New Administration.”

NADA Market Beat: Light-Vehicle Sales Start Strong in January 2021

New light-vehicle sales in January started off the year at a strong pace. While the January 2021 SAAR of 16.63 million represents a decline of 1.4% from January 2020, it was the highest monthly SAAR since the start of the pandemic.

Former NADA Chairman Bill Fox Packs It In

2015-2016 NADA chairman, owner of Fox Dealerships in New York State, sells dealership group to Jonathan Sobel.

NADA Issues Analysis of 2020 Auto Sales, 2021 Sales Forecast

2020 came to a close with new-light vehicle sales of 14.46 million units, down 14.7% compared to 2019.