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More bad news for Fiat Chrysler Ordered to Face Dealerships Antitrust Suit

Fiat Chrysler Automobiles NV’s U.S. unit has been accused that it pushed dealers to submit fraudulent sales numbers to prop up the carmaker’s share price. Napleton’s Arlington Heights Motors in Illinois sued Fiat Chrysler in January, alleging racketeering, violations of antitrust laws and breach of contract. U.S. District Judge Virginia Kendall in Chicago threw out […]

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Are regulations pricing cars out of the consumer’s reach?

    DETROIT (Oct. 5, 2016) – NADA Chairman Jeff Carlson on Wednesday sounded another warning to Washington, D.C., about implementing policies that would inadvertently make buying, financing, trading-in, and servicing cars and trucks harder and more expensive for consumers. Carlson, in NADA’s annual policy speech to the Automotive Press Association in Detroit, illustrated a

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NADA Louisiana Flood Relief

Over 1500 dealership employee families from new car dealerships in Baton Rouge, Lousiana and the surrounding area have been frooded out of their homes and need financial assistance. NADA is accepting donations through its Emergency Relief Fund.     Please make a tax deductible contribution to the fund, or send a check, payable to NADCF

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stricter gas mileage standards for big rigs

EPA introduces stricter gas mileage standards for big rigs

The transportation industry has eclipsed the power industry for carbon pollution.  Thus, new regulation introduced by the Environmental Protection Agency seeks to reduce emissions from big rigs.  The EPA and US Transportation Department issued regulations that require trucks to become more fuel efficient through 2027.  This has been a key policy goal of President Obama.

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The Connected Car – 55% of all cars sold in 2020 will be connected

A recent IHS survey says that 55% of new vehicles sold globally by 2020 will be connected. This will result in nearly half of all vehicles in operation will be connected.  The IHS defines “Connected” as advanced driver assistance systems (ADAS), smartphone integration, telematics, infotainment, remote vehicle controls, WI-FI, and autonomy.  In the IHS survey,

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Has the auto market peaked? A good time to sell a dealership.

In a recent Auto News article, “Worry grows as stair-steps get steeper, it appears that auto manufacturers are increasing pressure in keeping sales activity high to preserve market share.  Many dealers are concerned about the manufacturers stair-step incentives which push sales targets out of reach.  In fact, in a recent NADA survey, 64% of all

Has the auto market peaked? A good time to sell a dealership. Read Post »

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