Congressional support for H.R. 2946 – a bill that would repeal the federal excise tax (FET) on the retail sale of most heavy-duty trucks, tractors and trailers – is gaining traction on Capitol Hill.
The first problem with Sibilla’s argument is, of course, that the referenced study has been thoroughly debunked. In fact, in February 2015, Washington Post Fact Checker Glenn Kessler described it as “bizarrely outdated” and gave it a maximum of Four Pinocchios for false claims.
With six months of U.S. new-vehicle sales in the books, the National Automobile Dealers Association (NADA) is holding steady at its original sales forecast of 17.1 million new cars and light trucks for 2017.
Sales of new crossovers, SUVs and pickup trucks continued to gain market share through the first five months of 2017, NADA reports in the May edition of Market Beat.
On Wednesday, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) introduced the Financial CHOICE Act, H.R. 10, a comprehensive financial reform bill.
Employment at U.S. commercial truck dealerships has reached its highest point in five years, according to a new report from the American Truck Dealers (ATD), a division of the National Automobile Dealers Association.
Mike Jackson, chairman and CEO of AutoNation, said dealers will have to find creative ways to grow their business in an ever-challenging retail environment during an interview with Wall Street Journal reporter Mike Spector at the 2017 NADA/J.D. Power Automotive Forum on April 11.
Employment, wages and payroll at U.S. new-car dealerships all continued to rise in 2016, according to a new report released by the National Automobile Dealers Association.