NADA 2018 Review
12 April 2018
Following our attendance at the 2018 National Automobile Dealers Association (NADA) Conference held in the USA, our review of some of the key insights from this year’s event is now available.
This annual event continues to be the largest dealer convention in the world, this year with over 25,000 people attending from over 53 different countries. Staged around the expo are the seminars and workshops which cover new ideas and best practice in areas such as sales, marketing, social media, operations and strategic business management.
For the first time the conference included peer to peer sessions where dealers could discuss and learn from each other. The motor sector in the US continues to fare well with sales in 2017 over c17.5m vehicles which was in line with 2016. However, they are starting to see a slowdown although this would appear to behind that in the UK where new vehicle registrations began to fall twelve months ago.
If you have any questions about any of the issues covered or would like to discuss any points raised further, please contact Malcolm Thixton or Steve Le Bas or speak to your usual BDO adviser.