NADA
NEWS ANALYSIS

NADA shows it can close the deal

12:01 am U.S. ET | June 28
The National Automobile Dealers Association is back as a muscular force on Capitol Hill. A year ago, the group was slow in coming to the defense of dealers targeted for closing by General Motors and Chrysler. Part of the reason was that its membership was split between rejected stores and those that survived.... Read More »
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Looking for the hip and nifty at NADA

12:01 am U.S. ET | March 1
Dealers walking the exhibition floor at the National Automobile Dealers Association convention in Orlando were met by vendors offering new ways to cut costs, tap social media and monitor their business operations using a smart phone.... Read More »
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NADA CONVENTION

NADA sales forecast: 11.9 million this year

12:01 am U.S. ET | Feb. 22
Powered by the improving economy, U.S. sales of cars and light trucks likely will rise 14 percent this year to 11.9 million vehicles and will go higher next year, the chief economist of the National Automobile Dealers Association predicts.... Read More »
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NADA CONVENTION

Tonkin: NADA will be noticed

12:01 am U.S. ET | Feb. 22
Dealers who questioned whether the National Automobile Dealers Association adequately defended dealers' interests last year will see a lot more of the group in 2010, said Ed Tonkin, who became NADA chairman Feb. 15.... Read More »
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NADA CONVENTION

Business, bonding and blues

12:01 am U.S. ET | Feb. 22
Auto people like to talk business -- and party. At the NADA convention in Orlando, they got both, although the party scene was subdued -- befitting a lean industry still climbing out of a nasty recession.... Read More »
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NADA CONVENTION

Hyundai ups Tucson build for U.S.

12:01 am U.S. ET | Feb. 22
Hyundai Motor Co. will boost Tucson production in South Korea to meet rising demand for the redesigned crossover, said John Krafcik, CEO of Hyundai Motor America.... Read More »
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Sales
AUGUST U.S. SALES

U.S. auto demand falls to weakest level since February

11:02 am U.S. ET | Sept. 1
U.S. auto sales dropped to their weakest rate since February as most automakers posted sharp declines from a year earlier, when the U.S. cash-for-clunkers program fueled demand for new vehicles. August's seasonally adjusted annual sales rate of 10.8 million units fell from 11.6 million in July and was well below analysts' forecasts.... Read More »
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Dealers

Congressman who sponsored dealer exemption may be investigated over fundraising

2:36 pm U.S. ET | Sept. 1
Rep. John Campbell, a California Republican who is a former auto dealer, said the House's independent ethics arm has recommended that he be investigated for possible violations involving fundraising.... Read More »
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Finance & Insurance
FINANCE & INSURANCE

Sonic tries no-haggle F&I prices

12:01 am U.S. ET | Aug. 25
Sonic Automotive Inc., the nation's second-largest dealership group, will begin a test of no-haggle pricing at finance and insurance offices in two markets on Sept. 1. The pilot is part of the publicly held retailer's effort to make shopping faster and easier for customers, says Jeff Dyke, Sonic's executive vice president. Haggling lengthens the transaction time.... Read More »
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Marketing

Ford to drive on 'Vampire Diaries' to tap twist on social media

1:10 pm U.S. ET | Aug. 31
A Ford Fiesta won't crop up in CW's "Vampire Diaries" until early October, but the automaker is trying to get people to talk about it now, even though the fan-favorite show's second season won't hit the screen until Sept. 9.... Read More »
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Remarketing

Prices of used SUVs, crossovers surge 30% from last year, Edmunds says

4:12 pm U.S. ET | Aug. 20
Some used SUVs and crossover vehicles are selling at retail for 30 percent more than they did last year, in a sign of how high used-vehicle prices remain. But on average, prices of used vehicles retreated again in July from record levels this spring.... Read More »
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Service & Parts

Hyundai Sonata steering probed by U.S. regulators

2:16 pm U.S. ET | Aug. 31
U.S. safety regulators have opened a preliminary investigation into claims Hyundai Motor Co.'s best-selling car in America, the 2011 Sonata sedan, may have steering problems. There have been no injuries or accidents reported to the National Highway Traffic Safety Administration or Hyundai regarding the steering issue, government and company officials said.... Read More »
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