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0Report: Mitsubishi leaving US? No, it's doubling its marketing budget 1360713600
We rarely hear any major news coming out of the National Automobile Dealers Association (NADA) annual meeting in Orlando, FL, but Mitsubishi executives found this a fitting place to announce a big push for increased advertising here in the US. A report in Automotive News states that the ...
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Report: Lincoln dealers frustrated over slow MKZ production ramp-up 1360708200
Lincoln has clearly been working hard to get the word out about its 2013 MKZ sedan. The Dearborn automaker has taken out lavish spreads to trumpet its boldly styled new model in magazines of every description, along with placing commercials for both the vehicle and the reborn brand behind it on ...
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Report: Dealers confront carmakers over two-tier pricing, forced upgrades 1351171980
In a speech for the Automotive Press Association in Detroit, the chairman of the National Automobile Dealers Association (NADA), Bill Underriner, laid out the two most important issues it seeks to address with carmakers: two-tier pricing and compulsory dealership facility upgrades. The former is ...
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Report: Values of small used cars fall in lockstep with gas prices 1338470100
The Detroit News reports used small-car prices are plummeting right along with fuel prices. The news comes courtesy of a National Automobile Dealers Association study, which says gas prices have dropped an average of 3.5 percent compared to last year. In yet another shocking reminder of just how ...
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Report: NADA: 7 million car buyers to be pushed out of the market by fuel economy rules 1334339100
If the National Highway Traffic Safety Administration makes its proposed 2025 fuel economy standards official, cars are going to be more expensive, and that's going to shut millions of buyers out, argues the National Automobile Dealers Association. "If the price of a vehicle goes up by the ...
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Official: NADA, J.D. Power shack up 1334232060
J.D. Power and Associates created the Power Information Network (PIN) in 1993 to collect and analyze dealer transactions on new and used cars. Power uses the data from more than 10,000 dealerships to "improve business for automotive dealers, manufacturers, lenders, and other companies in the ...
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Study: NADA: Dealers most happy with Hyundai, Subaru and Lexus 1327784580
Car dealers have a strange and oftentimes contentious relationship with the carmakers. Stories of automakers shoveling unsaleable models down the pipeline with unreasonable expectations are legion in the car sales world. With the number of family-owned, single-brand dealerships dwindling, dealers ...
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Report: Average age of car is record-setting 10.8 years old [w/poll] 1326911400
Americans are driving their vehicles longer, as the average age of vehicles has nearly hit 11 years, according to a new study by Polk. Blame a wretched economy and more reliable modern automobiles, but cars and trucks continue to stay on the road much longer than they did 15 years ago, when the ...
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Report: NADA and banks working to curb new federal oversight efforts 1306359120
In 2010, the Federal Trade Commission received 1,339,265 complaints. According to the National Automobile Dealer's Association, less than one percent of those complaints were related to new or used auto sales. That relatively low number (compared to the 250,854 people who complained of identity ...
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NADAguides reveals 2011 "Must Consider" list... do you agree? 1302636600
Consumer vehicle valuation and information website NADAguides has prepared a list of cars you should be looking at in 2011. Called the "Must Consider" list, the analysts at NADAguides have chosen seven vehicles they feel represent the intersection of value, performance, design and fuel ...
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Report: Hyundai may be piling on the sales, but dealers aren't piling on the profits 1300825740
Hyundai is holding a hot hand with its current lineup. Sales are climbing and perception of the brand is swinging strongly in the right direction. Not everyone is singing just yet, however, because Hyundai dealers are apparently lagging behind the competition in one very important area: ...
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Report: Ford spells out new standards for Lincoln dealers 1297114140
Being a Lincoln dealer in the 21st century has been anything but easy, as Ford has been looking to shed its luxury brand dealers the past couple years. Then Blue Oval recently killed off Mercury, a brand Lincoln dealers traditionally used as a feeder program. And perhaps the biggest challenge has ...
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Report: Ex 'car czar' Rattner forcasting 14M sales this year 1296135120
Steven Ratner, the ex-Car Czar, has a healthy prediction for US automotive sales this year. Ratner believes the magic number will be 14 million for 2011. In 2012, the number will climb to 15 million, per Ratner's estimates. Why the optimism? Ratner sees shrunken fleets, improved business ...
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NADA projects 11.3% rise in auto sales in 2011 1294592700
The US Auto Industry may be looking at a 2011 filled with sales gains, if NADA's forecasters are correct. The National Automobile Dealer's Association predicts that US auto sales will rise 11.3 percent. That puts total volume just shy of 13 million units. The reason for the increase? The average ...
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Report: NADA chairman urges Fed to reconsider fuel rules 1287786600
The National Automobile Dealers Association has joined the ranks of those opposed to upping Corporate Average Fuel Economy standards to 60 mpg by 2025. The dealer group says that with fuel prices still low, consumers are more interested in horsepower and style than they are super-efficient ...
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2011 Dodge Challenger priced on NADA site... big price increases on the way? 1278366240
Chrysler hasn't officially let loose with 2011 Dodge Challenger pricing, but you can build the car at the NADA Guide site and there are prices attached to the various options. It appears to be legit – even though the pictured coupe is a 2010, the new 3.6-liter Pentastar V6 and 6.4-liter Hemi ...
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NADA opposes Senate's financial reform bill 1277418720
Congress is working on reforming financial oversight in the wake of the sub-prime mortgage meltdown, and if the House and Senate come together on a compromise bill, a new Bureau of Consumer Financial Protection will be created. The House's bill exempted auto dealers from more strict lending ...
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NADA criticizes Obama over president's praise for GM dealer reinstatements? 1270472460
One of the most contentious aspects of General Motors' 2009 bankruptcy was the forced closing of 1,160 dealerships across the country. GM brass and the Obama Administration Task Force insisted that a smaller dealer body was necessary to make the Detroit, MI-based automaker viable again, while ...
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LA 2009: 2010 Kia Forte and Forte Koup crowned NADAguides.com COTY 1259942340
2010 Kia Forte - Click above for high-res image galleryWith a brief press release and a trophy handoff at the LA Auto Show, car pricing authority NADAguides.com has heaped the first of what we could be many accolades upon the stylish and affordable 2010 Kia Forte and Kia Forte Koup by naming ... -
Long-Term Thinking: "Cost to Own" mindset grabs hold? 1258818660
2011 Chevy Volt - Click above for high-res image gallerySo many things are changing in the new automotive reality, it's hard to know where to start. Everything from the kind of hose we connect to our cars (liquid filled? electric?) to the sounds the vehicles make is different now than it used to ...

