Category Archives for Around the Industry

These drivers are taking extreme measures to avoid new car technology

Curmudgeonly roadblocks or the last beacons of sanity? These car owners disable alarms and reconfigure dashboards in search of low-tech bliss. Brett Doyle maintains a meticulous spreadsheet of the latest automotive tech—electronic door handles, massive touch screens, cruise control that automatically goes with the flow of traffic.  It isn’t detailing his dream car. It’s his […]

Counterfeit air-bag parts are killing U.S. drivers – and the government can’t stop it

After 10 deaths, regulators are warning the public about air bags in used cars with components marked as made by a Chinese company, but tracing them is difficult Eui Seok Kang lost control of his Chevrolet Malibu in torrential rain late one night in October 2023, spun sideways across two lanes of a Texas road […]

The FTC Cracked Down on ‘Hidden’ Car Dealer Fees. They’re Still Happening Anyway.

Car shoppers can face thousands of dollars in opaque fees, but the industry is working to adapt By Christopher Otts The Federal Trade Commission issued a warning to more than 200 auto dealerships: stop advertising cars online with dubious discounts or thousands of dollars in hidden fees. Not all dealers got the message. Opaque pricing remains […]

One million new-car buyers are gone and they’re not coming back soon

By Sharon Terlep  The U.S. auto industry faces sobering new math: Some one million prospective buyers have defected from the new-car market since the start of the decade—and they aren’t expected back soon. Until recently, auto executives, analysts and economists believed that U.S. new-car sales were on a steady climb back to volumes last seen […]

America’s pandemic car bubble is now trapping buyers in debt

The average amount a borrower with negative equity carries on a vehicle has jumped more than 40 percent since 2021 Doug Horner has seen plenty of customers walk into his northeast Ohio Mercedes-Benz dealership who owe more on their trade-ins than those cars are worth. But being $40,000 underwater on a pickup truck is a scary […]

FTC Chair and Bureau of Consumer Protection Director Address Dealer Advertising Warning Letters

What’s new: On Friday, NADA hosted a webinar with the Federal Trade Commission (FTC) to discuss dealership advertising practices. FTC Chair Andrew Ferguson provided opening remarks and Bureau of Consumer Protection (BCP) Director Chris Mufarrige answered questions asked by NADA Executive Vice President of Public Policy, Paul Metrey. The webinar was arranged after NADA’s April […]

Dealer census – Single-brand stores up as networks shrink

By John Huetter Automaker initiatives to shrink dealer networks contributed to the auto retail industry starting 2026 with fewer franchises, but with more dealerships dedicated to just a single brand. The 2026 Automotive News dealer census, conducted by the Automotive News Research & Data Center, found 13,351 of the nation’s franchised dealerships sold just a […]

Carvana’s red-hot growth runs on a cycle of borrowed money

Attacks from short sellers and the collapse of auto lender Tricolor haven’t slowed down America’s most valuable used-car retailer A white 2024 Tesla Model Y slowly rolls down the lane through a crowd of mostly men dressed in golf shirts and jeans. The onlookers, buyers from car dealerships who’ve all descended onto this auction site […]

Jeep maker Stellantis books $26 billion charges in EV reset

Automaker says it overestimated demand for electric vehicles Jeep maker Stellantis said it would book charges of about $26 billion, the latest automaker to flush out massive investments in electric vehicles that many Americans are still reluctant to buy. The company’s Milan-listed shares fell 25 percent to their lowest level since its creation from the […]

Why are cars so expensive in the U.S. now?

With affordability top of mind for US voters as November’s midterm elections approach, Republicans have been focusing attention on one of the most visible pain points for consumers: the price of a new car. The average figure broke $50,000 for the first time last September and hit $50,326 in December, according to the Kelley Blue Book car buying guide. Researcher Edmunds.com calculates that the average has risen […]