NADA Board of Directors Elects 2022 Chairman
Mike Alford, who currently serves as NADA vice chairman, will succeed Paul Walser, as chairman.
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Tag Archives: Auto Dealers
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Oct 21
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Oct 21
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Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units
While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book.
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Oct 21
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Dealers Buying Out More Existing Leased Vehicles to Alleviate Inventory Shortages
New trend helps brands like Honda and Nissan see the value of modernizing their lease policies, reports Swapalease.
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Oct 21
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Are You Building a Pirate Ship or a Cruise Ship?
Pirate ships, and we all know a few, are an “everyman for themselves” environment. Cruise ships on the other hand, have well-established processes.
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Oct 21
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Auto Sector Calls Out Mexico’s Move to Legalize “Chocolate” Cars
Mexico’s auto sector has criticized the move, saying it allows “car smuggling.”
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Oct 21
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AutoNation to get 9 luxury stores in Priority 1 deal
The pending acquisition of Priority 1 Automotive Group in Maryland would add $420 million in annual revenue.
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Oct 21
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Nominations Open for F&I Pacesetters and 2021 Dealer of the Year
Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly profitable F&I departments.
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Oct 21
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Minn. Ford dealer airs ad written by HBO’s ‘Last Week Tonight’
The commercial is airing in Minnesota this week and was uploaded to the show’s YouTube channel as a “web exclusive” video. It had racked up nearly 3 million views as of Thursday morning.
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Oct 21
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Correcting the Chip Shortage Will Take Time
As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.
