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Tag Archives: national automotive dealers association
NADA Chairman Announces New Economic Study about Automakers Forcing New Car Dealership Improvements
“Each year dealers collectively invest billions of dollars in facility upgrades, much of it mandated by the auto manufacturers,” said Stephen W. Wade, chairman of the National Automobile Dealers Association while speaking to the Automotive Press Association in Detroit. In normal times this would be a classic dealer versus automaker squabble. However, with consumers strapped, long term unemployment at record Great Depression highs and the economic recovery tenuous at best – if it is occurring at all – the affordability of new vehicles is at stake.
