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Tesla Direct Sales Are 'An Inconvenience:' NADA Chairman
As Tesla tries to reinvent how people buy cars, traditional automotive retail practices have been called into question. Despite the brand’s new approach, which has attracted a lot of attention, today’s arrangement is not without its benefits according to the dealers.
Government Meddling is Costing Car Buyers
“Today, customers can afford new cars because dealers compete fiercely,” said Bill Fox, chairman of the National Automobile Dealers Association (NADA) while speaking at an Automotive Press Association meeting in Detroit.
Used Vehicle Prices Hit All-Time High
Considering a pre-owned vehicle instead of a brand-new model? Going used is generally a good idea but you may want to think twice about the decision because prices are creeping upward.
Toyota Tacoma Holds Value Best of All Trucks: Study
Vehicles are money pits, but a new study says the Toyota Tacoma is pretty shallow as these things go.
GM Expands Online Shopping Tools For Buyers
Social Media Award Winners Announced at NADA
More and more car buyers are turning to social media to get the information they need, so at the National Auto Dealers Association (NADA) convention in Orlando, the best marketers on the social web were recognized and awarded.
2012 New-Vehicle Sales: 'Exceeded All of Our Expectations'
The number-crunchers have been earning their keep the last few weeks. With their mathematical weapon of choice in hand, be it a calculator, tally counter or even a trusty abacus, they’ve kept an exacting total of how many vehicles automakers sold over the past 12 months. How did things shake out? Which brand nearly doubled its sales for the year?
Tesla Wins License to Sell Cars in Boston Suburb
Despite irking the National Automobile Dealers Association and being slapped with lawsuits, EV maker Tesla won a license to sell cars near Boston.
Hyundai, Kia Resale Values to Weather Storm of Fuel Economy Blunder: Experts
Last week Hyundai and Kia made an embarrassing confession; they’ve been overstating the fuel efficiency of their vehicles for the past three years. This miscalculation includes most of the models in both of their lineups. To make things right the South Korean automakers are readjusting the numbers and reimbursing customers. That should help rebuild trust but there could be more fallout from the blunder. Has the resale value of their vehicles been affected?
Two-Tier Pricing, Mandatory Upgrades Concern Dealers
The National Automobile Dealers Association (NADA) is tackling two contentious issues facing new car dealers in the U.S. today: two-tier pricing programs and mandatory facility upgrades.
Tesla Shopping Center Dealership Raises Legal Questions
Electric automaker Tesla opened a new store recently, but the kind of cars it sells isn’t what’s catching attention, at least not entirely.
Expensive Fuel Saving Tech to Cause Dramatic Decline in New-Car Buyers: Study
Sales of smaller cars are on the rise as the average transaction price for a new vehicle continues to climb, recently hitting an all-time high of $30,748.
Hybrids And 4-Cylinder Cars In Demand Among Used Car Dealers
An old finance maxim states that “by the time you’ve read about it, it’s already too late”, but that hasn’t stopped used car dealers from eagerly snapping up any 4-cylinder or hybrid vehicle as gas prices continue to climb.