October 3, 2023

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With New-Vehicle Inventory at a Two-Year High, August Auto Sales Expected to Increase Nearly 19% Year Over Year August’s sales volume was expected to rise 18.8% from one year ago and reach 1.37 million units. This is a 3.2% increase from July, which had two fewer selling days than August’s 27 days. The annual new-vehicle

Auto retailing is in the midst of a construction boom fueled by favorable cash flow, upgrades after ownership changes and the pent-up demand for facility updates to keep up with customers and serve them efficiently. To review current construction and design trends, we talked with Joe Pella, head of National Commercial Real Estate at Truist,

Fresh off his first 100 days in the role, new Virginia Department of Motor Vehicles Commissioner Gerald Lackey, Ph.D. sat down with VADA for a wide-ranging interview. Stacked with a Ph.D. in social psychology and a career background in business transformation and uncovering efficiencies, Gerald discusses his vision for the state agency, the challenges it

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In our own industry, it’s no secret that Virginia dealers lead from the front. Our 455 dealerships in Virginia drive $27 billion in annual sales and contribute to $1.2 billion in state sales tax. Those are big numbers for retail, so it’s no wonder that Virginia Business magazine has placed six Virginia dealer leaders on

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In late July, I, along with Richmond Delegate and soon-to-be Senator John McGuire, was invited by Tazewell Senator Travis Hackworth to pay a true visit to Southwest Virginia and really experience all the region has to offer. In our 48 hours with Senator Hackworth, we experienced the growing “adventure tourism” industry that Southwest is becoming

Feature Photo: FreeWire’s Boost Charger recharges overnight and supplies power to vehicles during the day, virtually eliminating electricity demand charges. Its energy requirements are nearly 10 times lower than traditional chargers and can power around 20 vehicles daily, adding up to 200 miles of range in 15 minutes. Partnership Will Bring Ultrafast, Battery-Integrated EV Charging Stations

VADA Leaders Attend Annual NADA Washington Conference; Here Are the Top Issues One of the benefits of working out of Richmond is our proximity to Washington, D.C. Such short distance to the nation’s capital makes it easy for VADA staff to attend NADA’s Annual Washington Conference. This year’s event, held in mid-September, saw dealer association

Elections are in November, and elections have consequences. Despite what the current political climate may have you believe, most politically active organizations and individuals have great friends on both sides of the aisle: Democrats and Republicans who, in VADA’s case, have supported the foundations of the franchise system and Virginia’s auto dealers over many years.