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Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.
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The National Automobile Dealers Association (NADA) announced its support of the National Safety Council "Check To Protect" recall campaign at its annual show in Las Vegas.
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J.D. Power and the National Automobile Dealer Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business. The transaction is expected to close early in the third quarter of 2015.
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Low gasoline prices and pent-up consumer demand should propel new car and light truck sales to an estimated 16.94 million in 2015, according to the National Automobile Dealers Association.
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Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?
Read More →McLEAN, VA - The National Automobile Dealers Association is projecting increases in used-car prices for luxury and import brands, and for pickup trucks.
Read More →McLEAN, VA – Although used car prices likely peaked in June, average trade-in values of many popular, fuel-efficient small cars for the 2006-2009 model years are still expected to be 10 to 30 percent higher in August 2011 than they were at the beginning of the year, said Jonathan Banks, senior analyst with the NADA Used Car Guide.
Read More →WASHINGTON, D.C. --- The Department of Justice recently issued final rules to help deter auto fraud by connecting motor vehicle agencies in states throughout the country and requiring more insurance companies to disclose totaled vehicles.
Read More →SANTA ROSA, CA – ZAP will debut the 100 percent plug-in Shuttle electric van and XL Truck at the National Automobile Dealers Association annual conference and exposition.
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