ironcore – Page 143

NADA leaders pledge continued advocacy for U.S. dealer members

NADA leaders pledge continued advocacy for U.S. dealer members In his farewell address to fellow NADA dealers, Fox spoke of the big organization changes NADA made in the past year, to wit: offloading the NADA Used Car Guide and the NADART 401k Plan. All this Fox said, was to better position the association for continued […]

Karl Rove and Howard Dean agree: Trump wont be president

Karl Rove and Howard Dean agree: Trump wonêt be president In a spirited, but polite political discussion at the NADA Convention, Republican Strategist Karl Rove and Democrat Howard Dean agreed on one hot button point Donald Trump will not be elected president. Rove is former senior advisor and deputy chief of staff to President George […]

New light-vehicle sales on track for record year in 2016

New light-vehicle sales on track for record year in 2016 New-vehicle sales are on track to reach NADAês forecast of 17.7 million vehicles this year, said NADA Chief Economist Steven Szakaly at a press conference during the NADA Convention. We are closing out a strong first quarter, Szakaly said. With low interest rates, low gasoline […]

NADA: Dealership pre-tax profit flat at 2.2%

NADA: Dealership pre-tax profit flat at 2.2% For the fifth straight year, net pretax profit at dealerships as a percent of total sales was 2.2%, according to NADA Data 2015, the annual financial profile of new-car dealerships. NADA Data spotlighted many milestones achieved by the retail auto industry last year: « Franchised dealerships sold a […]

NADA Dealership Workforce Study shows growth industry

NADA Dealership Workforce Study shows growth industry The NADA 2015 Dealership Workforce Study, which analyzed 2014 data, shows a growth industry with good earnings opportunity. Americaês new-car dealerships created new jobs, provided well-above-average wages and generated weekly earnings growth that kept pace with or exceeded U.S. private-sector income growth, said NADA Chief Economist Steven Szakaly. […]

California dealer, Greg Kaminsky, sets course as AIADA chairman

California dealer, Greg Kaminsky, sets course as AIADA chairman El Cajon, California, dealer Greg Kaminsky was recognized as 2016 chairman of the American International Automobile Dealers Association at AIADAês Annual Meeting in Las Vegas, held in conjunction with the NADA Convention. Kaminsky became chairman in February. Also during its Annual Meeting, AIADA presented Charlottesville, VA, […]

WANADA dealers in the spotlight at NADA Convention

WANADA dealers in the spotlight at NADA Convention WANADA is pleased to recognize Daniel Jobe of Capitol Cadillac/Buick/GMC, who this year joined the NADA Board representing Maryland. He will serve with Geoff Pohanka, Pohanka Automotive, who represents the NADA state of Metropolitan Washington. Both Daniel and Geoff, additionally, serve on WANADAês Board, and together with […]

WANADAs John ODonnell elected to ATAE Board

WANADAês John OêDonnell elected to ATAE Board At its Annual Meeting at the recent NADA Convention in Las Vegas, the Automotive Trade Association Executives confirmed that WANADA CEO John OêDonnell was elected to its Board of Directors where he has begun a two- year term in the leadership of the North American auto dealer association […]

Kevin Reilly & Bill Aschenbach Time Dealers of the Year

Kevin Reilly & Bill Aschenbach Time Dealers of the Year WANADA is proud to report that two Washington area dealers were recognized as Time Dealer of the Year recipients at the NADA Convention WANADAês nominee, Kevin Reilly of Alexandria Hyundai and MADAês nominee, Bill Aschenbach of King Automotive Group. The Time Dealer Award — co-sponsored […]

Northwood Dealer Education Award to Ralph Mastantuono

Northwood Dealer Education Award to Ralph Mastantuono Washington area dealer Ralph Mastantuono, Mercedes Benz of Alexandria, was one of a select group of dealers who received Northwood Universityês prestigious Dealer Education Award at the NADA Convention. Since 1972, Northwood has recognized individuals in the automotive marketing field who have made noteworthy contributions to public or […]