For years, one of the great myths that has persisted about the auto industry has been that franchised dealers don’t want to sell electric vehicles. It’s long past time to put this myth out to pasture. And it’s time to call it out for what it is: A lie about franchised dealers, propagated by the handful of companies that want to destroy the franchise system.

NADA President and CEO Mike Stanton sat down to discuss the coming transition to electric vehicles and the role of dealerships in making that transition a reality.

In automotive circles it’s a well-known fact that when local dealerships compete for customers, price competition kicks in, and the result is lower prices for consumers on new cars and trucks.

IADA and CATA promoted legislation (Public Act 102-232) to increase dealer compensation for warranty repairs will take effect on January 1, 2022.  The following article summarizes the upcoming changes to warranty reimbursement and provides guidance on steps that dealers can take now to best take advantage of those changes.

The current franchised new-car dealer model has benefited consumers, manufacturers and local communities for nearly a century. It is supported by both dealers and factories as the best and most efficient way to buy, sell, service and finance cars.