Tag: Jonathan Collegio

Peer-Reviewed Study: Dealership Competition Lowers Consumer Prices

New study in the journal Applied Economics analyzed data on new car sales, finding that dealership competition “significantly” lowers consumer prices on new car and truck purchases.

Automotive Dealership Store

The Sad, Lazy Myth of the ‘Middleman’

Dealerships take care of their customers for the entire lifetime of the automobile across the entire automotive ecosystem, not just the point of sale.

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 Officials, Local Car and Truck Dealers Attend White House Economic Summit

Four senior officials from the National Automobile Dealers Association (NADA) attended yesterday’s White House Economic Summit in Washington, which featured dialogue between business owners and senior White House officials on economic, budget, tax and trade policies.

NADA Foundation Meets with White House to Discuss Technician Shortage

Annette Sykora, chairman of the National Automobile Dealers Association (NADA) Foundation, met with White House officials on Thursday to discuss its new Workforce Initiative and potential engagement with the recently announced President’s National Council for the American Worker.

The Facts on the Trump Administration’s Tariff Plan

The Trump Administration announced in late May that it was initiating an investigation that could result in a tariff of up to 25% on imported automobiles and automobile parts.

Dealerships 101: What is Auto “Floor Plan” Lending?

Many consumers who purchase new cars or trucks from local dealerships may not realize that the dealership actually owns those cars and trucks, which they purchase directly from the factories. So how are dealerships able to afford keeping an inventory of all of those new cars and trucks on their lots? 

Auto Dealers Announce Nationwide Initiative at Centennial Celebration

It’s day three of the auto industry event of the year, the NADA Convention & Expo in New Orleans, where America’s new-car and -truck dealers are celebrating the 100th anniversary of NADA and of the industry as a whole.