Tesla Direct Sales are ‘An Inconvenience:’ NADA Chairman

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Tesla Direct Sales are ‘An Inconvenience:’ NADA Chairman
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As Tesla tries to reinvent how people buy cars, traditional automotive retail practices have been called into question. Despite the brand’s new approach, which has attracted a lot of attention, today’s arrangement is not without its benefits according to the dealers.  Continue Reading...

Government Meddling is Costing Car Buyers

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Government Meddling is Costing Car Buyers
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“Today, customers can afford new cars because dealers compete fiercely,” said Bill Fox, chairman of the National Automobile Dealers Association (NADA) while speaking at an Automotive Press Association meeting in Detroit. Continue Reading...

Used Vehicle Prices Hit All-Time High

Used Vehicle Prices Hit All-Time High
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Considering a pre-owned vehicle instead of a brand-new model? Going used is generally a good idea but you may want to think twice about the decision because prices are creeping upward. Continue Reading...

GM Expands Online Shopping Tools For Buyers

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GM Expands Online Shopping Tools For Buyers
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Everyone has an interesting dealership experience, usually involving a stressful and pushy salesperson. GM is thinking of changing the way dealerships treat customers with its new “Shop, Click, Drive” Online shopping tools. Continue Reading...

Social Media Award Winners Announced at NADA

Social Media Award Winners Announced at NADA
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More and more car buyers are turning to social media to get the information they need, so at the National Auto Dealers Association (NADA) convention in Orlando, the best marketers on the social web were recognized and awarded. Continue Reading...

2012 New-Vehicle Sales: ‘Exceeded All of Our Expectations’

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2012 New-Vehicle Sales: ‘Exceeded All of Our Expectations’
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The number-crunchers have been earning their keep the last few weeks. With their mathematical weapon of choice in hand, be it a calculator, tally counter or even a trusty abacus, they’ve kept an exacting total of how many vehicles automakers sold over the past 12 months. How did things shake out? Which brand nearly doubled… Continue Reading...

Hyundai, Kia Resale Values to Weather Storm of Fuel Economy Blunder: Experts

Hyundai, Kia Resale Values to Weather Storm of Fuel Economy Blunder: Experts
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Last week Hyundai and Kia made an embarrassing confession; they’ve been overstating the fuel efficiency of their vehicles for the past three years. This miscalculation includes most of the models in both of their lineups. To make things right the South Korean automakers are readjusting the numbers and reimbursing customers. That should help rebuild trust… Continue Reading...

Two-Tier Pricing, Mandatory Upgrades Concern Dealers

Two-Tier Pricing, Mandatory Upgrades Concern Dealers
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  The National Automobile Dealers Association (NADA) is tackling two contentious issues facing new car dealers in the U.S. today: two-tier pricing programs and mandatory facility upgrades. Continue Reading...

Expensive Fuel Saving Tech to Cause Dramatic Decline in New-Car Buyers: Study

Expensive Fuel Saving Tech to Cause Dramatic Decline in New-Car Buyers: Study
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Sales of smaller cars are on the rise as the average transaction price for a new vehicle continues to climb, recently hitting an all-time high of $30,748. In response to these trends, the National Automobile Dealers Association (NADA) has conducted a study revealing the proposed 54.5 mpg CAFE standards for 2025 will cause a significant… Continue Reading...

CAFE Regs Could Add $5000 to the Price of New Vehicles

CAFE Regs Could Add $5000 to the Price of New Vehicles
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However, German automakers Daimler AG and Volkswagen, which currently offer some of the most fuel-efficient vehicles on sale in the US, won’t back the CAFE proposal because there’s no incentive for diesel fueled vehicles. Continue Reading...

Hybrids And 4-Cylinder Cars In Demand Among Used Car Dealers

Hybrids And 4-Cylinder Cars In Demand Among Used Car Dealers
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An old finance maxim states that “by the time you’ve read about it, it’s already too late”, but that hasn’t stopped used car dealers from eagerly snapping up any 4-cylinder or hybrid vehicle as gas prices continue to climb. With one dealer calling the sudden trend a “panic”, values of previously undesirable cars like the… Continue Reading...

Report: Cash-for-Clunkers Out of Cash Again

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Report: Cash-for-Clunkers Out of Cash Again
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The National Automobile Dealers Association (NADA) has asked the U.S. government to suspend the Cash-for-Clunkers program immediately as it believes the $3 billion in earmarked funds have already been used up. NADA Chairman John McEleney told Automotive News that based on a survey of its dealers it believes the $3 billion in funding could be… Continue Reading...
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