Generous automaker incentives and high trade-in values will keep the new-vehicle sales momentum going during the third quarter, says Jonathan Banks, executive automotive analyst for the NADA Used Car Guide, in the August edition of Guidelines, a monthly report on new- and used-vehicle sales trends and used-vehicle price movement.
Tag Archives: National Automobile Dealers Association
Automakers, dealers oppose bill preventing rental firms from renting recalled vehicles
Major automakers and auto dealers told a Senate panel they remain opposed to legislation that would prohibit rental car companies from renting or selling vehicles subject to a federal safety recall.
Representatives from the National Automobile Dealers Association and the Alliance of Automobile Manufacturers told the U.S. Senate Subcommittee on Consumer Protection, Product Safety, and Insurance that they oppose the latest bill — which enjoys bipartisan support in the Senate — requiring rental car companies to restrict all recalled vehicles from being rented before they are repaired.
