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NADA

NADA: The Reality of EVs

Posted on July 24, 2018 in NADA

This is an incredibly exciting time to be in the transportation industry. New cars and trucks are safer and more efficient than ever. Automakers are introducing new technologies every day and will be deploying scores of new models with technologically advanced drivetrains and other features in the coming years. Partnerships on highly autonomous vehicle deployment abound between technology companies and OEMs. And all of this is happening while we are seeing major advances in internal combustion engine (ICE) vehicles. For nearly 30 years, automakers have spent billions of dollars on the development and deployment of battery electric (EV), hybrid, plug-in hybrid and fuel-cell vehicles. It started in 1990, when California adopted its zero-emission vehicle (ZEV) mandate, requiring 2 percent […]

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NADA: The Future of Personal Vehicle Ownership

Posted on July 24, 2018 in NADA

It’s hard to attend an automotive conference these days without hearing about the end of personal vehicle ownership. According to “conventional wisdom,” the proliferation of ride-hailing options like Uber and Lyft combined with autonomous vehicles (AVs) are destined to align and make the prospect of owning your own vehicle too inconvenient or too costly. I get it. We’re living in exciting, changing times, and technology is normalizing things today that for decades weren’t even on anyone’s radar. We’re also living in an era that rewards bold predictions far more than rationality. But as we all know, rationality still drives behavior. So the National Automobile Dealers Association (NADA) has been probing to find out what […]

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NADA: Our Commitment to Fair Credit

Posted on July 24, 2018 in NADA

In today’s market, America’s new car and truck dealerships sell around 50,000 new cars and trucks a day. Consumer access to affordable credit at dealerships, and interest rate discounts that local dealerships can provide their customers, are keys to driving those sales. Congress recently repealed a lending guidance issued by the federal Consumer Financial Protection Bureau (CFPB) that threatened to adversely affect dealer competition and consumers’ access to interest rate discounts. The guidance was repealed because of serious agency process concerns, and because it inadequately recognized that dealerships can provide competitive credit while fully adhering to our nation’s fair credit laws. NADA is firmly committed to helping dealerships achieve […]

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NADA News

Posted on July 23, 2018 in NADA

This is our National Auto Dealers News feed.

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