Here's the latest news from the National Automobile Dealers Association (NADA) as of April 2025:

1. Grappone Legacy Celebration: The Grappone Automotive Group celebrated its 100-year anniversary. The event included community service initiatives and a skilled trades career fair aimed at inspiring students NADA.

2. Vehicle Sales Growth: The March 2025 NADA Market Beat reported that new light-vehicle sales reached the highest seasonally adjusted annual rate (SAAR) in nearly four years, with significant retail sales growth NADA.

3. Impact of Tariffs: NADA President Mike Stanton warned about potential price hikes on imported cars due to tariffs but remained optimistic as sales remained strong in March and April Car Dealer Magazine.

4. NADA Show 2025 Recap: The show was a success, with discussions on industry trends such as customer data platforms, streaming advertising, and AI solutions PureCars.

5. Podcast Release: A new podcast episode focused on increasing dealership value, featuring insights from Erin Kerrigan of Kerrigan Advisors NADA.

These updates reflect ongoing developments in the automotive industry and NADA's role in addressing market challenges and opportunities.

Sources

1. NADA - Grappone Legacy Celebrated
2. NADA - March 2025 Market Beat
3. Car Dealer Magazine - Tariff Impact
4. PureCars - NADA 2025 Recap
5. NADA - Podcast Episode

Disclaimer: This information is provided for educational and informational purposes only and does not constitute financial advice.