NADA: October New Light-Vehicle Sales Up Nearly 10% from September
New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.
In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.
The 65-member board of directors of the National Automobile Dealers Association elected Metro Washington, D.C., area dealer Geoffrey Pohanka.
The third quarter of 2022 closed with a new light-vehicle sales totaling a quarterly average SAAR of 13.3 million units, down slightly from a SAAR of 13.4 million units during the second quarter of the year.
NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.
New light-vehicle sales in September 2022 totaled a SAAR of 13.5 million units, up 9.6% from a year ago.
The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.
NADA again urges the FTC to go back to the drawing board before forcing a series of unstudied and untested mandates lacking evidence that will have such significant negative impacts on customers.
The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In