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Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Light Vehicle Sales Rise in November

November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.

https://www.autodealertodaymagazine.com/369536/light-vehicle-rise-in-november
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales
NADA: October New Light-Vehicle Sales Up Nearly 10% from September

New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.

https://www.autodealertodaymagazine.com/369285/nada-october-new-light-vehicle-sales-up-nearly-10-from-september
Categories: Auto Finance, Dealer Ops, Industry
NADA Report Shows Sales Compensation Soar

Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.

https://www.autodealertodaymagazine.com/369253/nada-report-shows-sales-compensation-soar
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Down Economy Requires Dealers to Up Their Game, Say Experts

In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.

https://www.autodealertodaymagazine.com/369190/down-economy-requires-dealers-to-up-their-game-say-experts
Categories: Dealer Ops
NADA Board Elects Geoffrey Pohanka as 2023 Chairman

The 65-member board of directors of the National Automobile Dealers Association elected Metro Washington, D.C., area dealer Geoffrey Pohanka.

https://www.autodealertodaymagazine.com/369139/nada-board-elects-geoffrey-pohanka-as-2023-chairman
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
NADA Releases Third Quarter 2022 U.S. Auto Sales Analysis

The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4...

https://www.autodealertodaymagazine.com/369112/nada-releases-third-quarter-2022-u-s-auto-sales-analysis
Categories: Compliance, Dealer Ops, Industry
FTC Rules Top Concerns in NADA Update

NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.

https://www.autodealertodaymagazine.com/369074/ftc-rules-top-concerns-in-nada-update
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales, Showroom
NADA: September 2022 New Light-Vehicle Sales Up 9.6%

New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.

https://www.autodealertodaymagazine.com/369057/nada-september-2022-new-light-vehicle-sales-up-9-6
Categories: Compliance, Dealer Ops, Industry
FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

https://www.autodealertodaymagazine.com/368760/ftc-denies-extending-comment-period-on-proposed-dealer-regulations
Categories: Compliance
NADA Issues Statement in Relation to FTC’s Refusal to Extend Comment Period for Sweeping Auto Retail Rule

NADA again urges the FTC to go back to the drawing board before forcing a series of unstudied and untested mandates lacking evidence that will have such...

https://www.autodealertodaymagazine.com/368723/nada-issues-statement-in-relation-to-ftcs-refusal-to-extend-comment-period-for-s


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