Category: News

NADA Hails Supreme Court Decision on Encino Overtime Pay Case

“This decision upholds more than 40 years of consistent interpretation by the courts and the executive branch, and will allow the auto retail industry to continue structuring employment relationships that are efficient and beneficial to dealerships, their employees, and their customers.”

Consumers Overwhelmingly See Personal Vehicle Ownership as Key to Future Mobility

“This sentiment cuts across all demographics and is a durable, fundamental desire of most consumers, even millennials. Ride-hailing will continue to supplement personal vehicle ownership going forward, but it will not supplant it.”

New NADA Chairman Wes Lutz Outlines Goals, Focus Areas for Coming Year

“The automobile is the most exciting platform for innovation in the next 100 years,” says new NADA Chairman Wes Lutz.

Waymo CEO Says His Technology Will Create Better Drivers

Waymo’s John Krafcik, NADA President & CEO Peter Welch and AutoNation Chairman & CEO Mike Jackson had a wide-ranging discussion on technology’s role in the future of the auto industry during NADA Show 2018.

Autonomous Vehicles Will Benefit Drivers and Dealers, Says AutoNation, Waymo CEOs

Autonomous vehicles represent a new way forward in mobility, NADA Chairman and CEO Peter Welch said.

NADA Foundation Launches Major Workforce Initiative

The NADA Foundation’s Board of Trustees has approved plans and funding for a largescale workforce initiative to promote the value of dealership jobs, especially service technicians, in the automotive retail industry.

Consumer Affordability Remains NADA’s Focus During Tariffs Debate

As always, NADA will continue to work with the Trump Administration and Congress to advocate for policies, including trade policies, that enable our customers to be the driving force behind our success and the success of the U.S. economy.

VIDEO: Volvo President Highlights Plan to Visit All 300 U.S. Dealerships in Person

Shortly after taking over as President and CEO of Volvo, Anders Gustafsson made an ambitious plan to meet with all 300 of the Swedish automaker’s U.S. dealers in one week.

VIDEO: Nissan VP Discusses Impact of Branding Collaboration with Star Wars

“The key to our success has been thinking about the dealers upfront, to allow true collaboration with the brands and integration at a national level that is consistent all the way down to the local retail experience.”

Senate Tax Reform Bill Passes with 100% Floor Plan Deductibility Preserved

Early Saturday morning, the Senate passed the “Tax Cuts and Jobs Act,” (H.R. 1) which included a NADA-supported amendment to preserve 100 percent deductibility of interest on floor plan loans (a specialized loan that funds vehicle inventory).