P&A Providers & Administrators
MenuMENU
SearchSEARCH

NADA Chairman: New-Car Dealers Are Catalysts for Change

January 27, 2015
3 min to read


SAN FRANCISCO – In his first keynote address as chairman of the National Automobile Dealers Association, Bill Fox delivered a message to critics of the franchised dealer network, according to NADA.


“The automotive franchise system is the best and most efficient method of bringing new vehicles to the driving public,” Fox said today in remarks at the NADA Convention & Expo in San Francisco. “The franchise system breeds competition that benefits consumers, manufacturers and local communities alike.”

Ad Loading...


Fox, a multi-franchise dealer in upstate New York, highlighted the economic impact of the nation’s new-car dealers.


“We sold more than 16.4 million new cars and light trucks in 2014. We saw total sales of more than $700 billion—more than 15 percent of all retail sales. We employ more than 1.2 million people in well-paying jobs averaging $53,000 per year that cannot be exported. That adds up to a $55 billion payroll. And we generate $13 billion in taxes,” he added.


NADA has forecasted sales of nearly 17 million new cars and light trucks for 2015, and “more sales mean more employment and more opportunity in the retail-auto industry,” he said.


“Dealers are fierce competitors that drive consumer costs down and ensure superior customer service. And we advocate for our customers on warranty and recall claims with manufacturers. For dealers, the return is a mere 2.2 percent on sales. Does that sound like we aren’t competitive? Not to me.”


Fox added that new-car dealers support thousands of local charities and are the face of manufacturers in every town throughout America.

Ad Loading...


“It was dealers who survived wars, recessions, a depression, oil embargoes and manufacturer bankruptcies,” he added. “We survived all that because we are leaders—not followers—of change. This is the industry that changed everything. The reality is that dealers are catalysts for change.”


In response to critics who complain about state franchise laws, Fox said that “these laws, which vary from state to state, have a common objective: They seek to level the playing field between dealers and the manufacturers—for the benefit of the citizens of those states.”


“Franchise laws create price competition that saves consumers money,” he added. “It’s a fact that if a consumer wants a Chevy, he or she benefits when two or more Chevy dealers compete for their business.


The auto industry has survived because it is rooted in dealer innovation and value, Fox said.


“Dealers have adopted the Internet because we know we often make our first impressions digitally. We’ve adopted technology that includes our customers in the sales process more and more,” he said. “We are innovative and we offer the consumer what they want and need—value.”

Ad Loading...


The NADA convention, which runs Jan. 22-25, is expected to draw more than 23,000 attendees from across the global auto industry.


Considered the “Automotive Industry Event of the Year,” the NADA convention includes dealer-manufacturer franchise meetings, hundreds of educational workshops for dealers and their managers, hundreds of exhibitors at the Expo and numerous networking events.


More Industry

Photo of gray SUV plugged into public electric-vehicle charger in parking lot
Industryby Hannah MitchellJuly 21, 2026

World EV Adoption Set to Grow

A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.

Read More →
Bar chart of truck and SUV segments' weekly value change
Industryby StaffJuly 21, 2026

Black Book: Weekly Market Update

Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.

Read More →
laptop with blue car on screen on a shopping website, Clear Costs Convert
Industryby Lauren LawrenceJuly 21, 2026

Pricing Transparency Drives Purchase Consideration

An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.

Read More →
Ad Loading...
Bar graphic of used-car segment weekly change
Industryby StaffJuly 14, 2026

Black Book: Weekly Market Update

Used-vehicle market depreciation was the prevailing story in the wholesale market last week.

Read More →
Light-blue Fiat car parked on a sunny Chicago street
Industryby Hannah MitchellJuly 14, 2026

Smaller Is Looking Better

A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.

Read More →
man sitting at desk using calculator with charts in front of him, to-go coffee cup on desk, rising and falling data chart in front
Industryby Lauren LawrenceJuly 14, 2026

U.S. EV Market Slowly Stabilizes

U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.

Read More →
Ad Loading...
blue background, map of the world with connecting lights and an electric vehicle emblem in the middle
Industryby Lauren LawrenceJuly 8, 2026

Global EV Market Entering New Phase

Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.

Read More →
Bar chart showing week-over-week wholesale automotive price change
Industryby StaffJuly 7, 2026

Black Book Weekly Market Update

The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.

Read More →
Photo of Honda CR-V SUV on two-lane road next to roadside trees
Industryby Hannah MitchellJuly 1, 2026

Auto Affordability in Context

Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.

Read More →
Ad Loading...
Line chart of used-vehicle days to turn over past week
Industryby StaffJune 30, 2026

Black Book: Weekly Market Update

Automotive auction inventory increased last week, giving choosy bidders even more leeway.

Read More →