“Any direct-sales model would do nothing less than undermine any automaker’s relationship with its franchised dealers," says 2024 NADA chairman.
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The NADA Foundation Foundation’s Emergency Relief Fund is ready to help staff and their families who are experiencing loss.
Law states that manufacturers may not compete with their own franchisees by using affiliates to directly sell or service vehicles.
Metro area dealers produced $67.6 billion in economic activity and supported more than 67,300 jobs with a total payroll of $6.3 billion.
Appointments averaged 55 minutes, minimizing disruption for customers while freeing up service bays for more complex repairs.
The Jan. 23-26 event in will showcase products, solutions and services, a full lineup of education sessions and sold-out exhibit hall.
Q1 2024, however, was the busiest quarter on record for dealership buy-sells; market remains busy with a sustained appetite for strong franchises in attractive markets.