Latest News Stories

The National Automobile Dealers Association (NADA) recently launched a newly redesigned and more robust website (https://www.nada.org/) that is cleaner, easier to navigate, and includes more video and multimedia. The new website uses responsive design, which allows for a more user-friendly experience when viewing the site on handheld...

The NADA Used Car Guide recently reported that the late-model used vehicle supply is expected to reach pre-recession levels in 2017. A huge influx of vehicles coming off-lease is expected to drive late-model (5 years old or newer) volume up 8% this year. In a reversal of another...

Industry research experts at J.D. Power and IHS Automotive believe interest rates will remain low for the rest of 2015, which will continue helping auto dealerships sell vehicles. J.D. Power says the “very low interest rates” over the past few years have been a boon to the auto...

According to Autodata Corp., new vehicle sales rose slightly last month compared to March 2014, reaching sales of 1,545,802 vehicles. Sales were up despite one less day and one fewer weekend in which to sell in 2015, compared to March 2014. Autodata Corp., also reported a seasonally adjusted...

Edmunds.com recently released its first Millennial Mobile Car Shopping Report and, contrary to popular belief, the majority of young car-buyers still value meeting with dealership sales staff face-to-face and taking test drives.While the study found that 80% of millennial car buyers used their mobile devices in the car-buying...

The U.S. Senate recently approved a budget amendment that supports a repeal of the estate tax. Senators voted 54-46 on the amendment. The amendment aims to repeal the estate tax, sometimes referred to as the “death tax.” Under the tax, an estate’s assets have to be worth more...