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Independent
347 posts
NIADA Accelerate 2023 set to open Monday in Las Vegas
The countdown to the largest expo and convention for the independent auto dealer is almost over. The NIADA…
Federal Reserve pauses interest rate hikes
The Federal Reserve hit pause on interest rate hikes Wednesday. The Federal Open Market Committee elected to maintain…
Inflation drops to 4 percent in May
As the Federal Reserve decides if it will pause interest rate hikes Wednesday, it received confirmation that its…
FTC Safeguards Rule arrives; check your compliance at NIADA Convention
The Federal Trade Commission’s Safeguards Rule arrived Friday, June 9. Financial institutions, including auto dealers, must maintain a…
Auto credit continues to tighten
Auto credit continues to tighten for lenders. According to the new May Dealertrack Credit Availability report released by…
Wholesale used vehicle prices continue falling
The drop of wholesale used vehicle prices continues to pick up pace. The overall wholesale market dropped 0.31…
Manheim announces 3 new general mangers
Tapping its bench strength of proven talent, Manheim has named three new general managers for its Dallas, Portland…
Manheim donates BMW for 11th NIADA Foundation Auction
For the 11th consecutive year, the NIADA Convention and Expo will include the auction of a front-line ready…
Unemployment rate increases slightly to 3.7 percent
The unemployment rate increased slightly in May in spite of the economy adding more than 300,000 jobs. The…
Nicholas wins drawing for free suite at Wynn at NIADA Accelerate
Shortly after starting his own independent car dealership, Friendly Auto Gallery, in Cumming, Ga., Paul Nicholas attended the…