/ Industry, News / NADA chairman says US auto sales likely hit hard

NADA chairman says US auto sales likely hit hard

Linked In Share
NADA chairman says US auto sales likely hit hard

Although Democrats and Republicans have agreed to end their debate over the budget deficit, which prompted the Federal government shutdown, according to the chairman of the National Auto Dealers Association new car sales could still drop sharply this month.

David Westcott, NADA’s current chairman, said he wasn’t ready to dispute the forecast by John Krafcik, president of Hyundai Motor America, who said he believed sales could fall by as much as 10%. General Motors and Ford also have expressed concern about the potential impact of the shutdown both on October sales, and on consumer confidence over all.

Westcott was in Detroit to meet with members of the Automotive Press Association where he discussed not only the impact of Washington’s political crisis but also about the growing challenges to the nation’s century-old dealer franchise system.

On the one sense, 2013 has been a good year overall for U.S. car dealers. The domestic car market has sharply exceeded original sales forecast for the year, but that’s actually created some unusual problems. Westcott, himself a dealer in North Carolina, is like many other retailers who have been facing problems getting a steady supply of some of the more popular products in recent months.

Like many retailers, there has been concern that the boom won’t last. Westcott cautioned that, “The economy is very fragile.” But he said he doubted the government shutdown, which started October 1 and had idled more than a 1 million government workers and contractors for 16 days will have any long-term impact. “This will pass,” Westcott said.

Critics of the franchise system have been using stereotypes to attack the dealer system – but despite long-lived stereotypes, U.S. auto dealers, on the whole, now have very high customer satisfaction numbers and clearly benefits consumers, argued Westcott, who operates and owns a Buick GMC dealership in Burlington, North Carolina.

Via The Detroit Bureau

by Aurel Niculescu (my Google+) - Friday, October 18th, 2013 - filed under Industry, News. Image credit: .
Linked In Share
Related Articles


Discuss: NADA chairman says US auto sales likely hit hard

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Todt denies favouring Middle East races
Todt denies favouring Middle East racesMar.31 (GMM/Inautonews.com) Jean Todt has denied F1's Middle Eastern races are receiving preferential treatment. Two of the ...
A subway from BMW? Yes, for Kuala Lumpur
A subway from BMW? Yes, for Kuala LumpurKuala Lumpur, the capital of Malaysia, will have in the near future a new subway system designed by the German automaker ...
Hyundai Motor Chairman Earned $13 Million in 2013
Hyundai Motor Chairman Earned $13 Million in 2013Chung Mong-koo, Hyundai's chairman, has earned last year a combined $13 million in pay. Chung Mong-koo, who is the son of ...
Polish supercar Arrinera Hussarya revealed in production form
Polish supercar Arrinera Hussarya revealed in production formThe first Polish supercar, the Arrinera Hussarya, has been finally revealed in its final production form and the model in ...
Tesla plans $40,000 electric car; may hit the market in 2015
Tesla plans $40,000 electric car; may hit the market in 2015Tesla Motors, the maker of all-electric Model S model plans to unveil a new all-electric vehicle that could sell in the $40,000 ...
Red Bull, FIA deny Vettel swearing rebuke
Red Bull, FIA deny Vettel swearing rebukeMar.31 (GMM/Inautonews.com) Red Bull and the FIA have denied rumours Sebastian Vettel was rebuked after swearing about F1's new ...
[VIDEO] McLaren 650S – walkaround clip
[VIDEO] McLaren 650S – walkaround clipA walkaround video with the recently unveiled McLaren 650S is showing the model from just about every angle possible. The newly ...
Mitsubishi pulls the plug on the Lancer Evolution X, no successor planned
Mitsubishi pulls the plug on the Lancer Evolution X, no successor plannedMitsubishi will be ceasing the production of the current Lancer Evolution X, towards the end of this year, and no successor will ...
Are you the Porsche Macan GTS?
Are you the Porsche Macan GTS?Inautonews.com photographers have managed to spy, for the first time, what is believed to be the new top of the line version of ...
BMW 118d becomes 1M replica with 555 HP V10
BMW 118d becomes 1M replica with 555 HP V10A BMW 118d Coupe has been transformed into a 1M replica by German tuner TJ Fahrzeugdesign as the model in question has received a ...
Tesla’s General Manager Leaves the Company among China Expansion Plan
Tesla’s General Manager Leaves the Company among China Expansion PlanThe general manager of Tesla Motors in China has decided to leave the company, while the electric car maker prepares to expand in ...
Next Mercedes-Benz SL to get retractable soft-top
Next Mercedes-Benz SL to get retractable soft-topThe next generation of the Mercedes-Benz SL will be getting a retractable soft-top of order to keep its weight ...
Recall roundup: More than 650,000 GM vehicles – number reaches almost 5m
Recall roundup: More than 650,000 GM vehicles – number reaches almost 5mGeneral Motors has announced a recall for more than 650,000 SUVs, trucks and Cruzes for ill-fitting transmission oil cooling ...
Delphi Officials: GM Approved Design of Switches Although They Did Not Meet Specifications
Delphi Officials: GM Approved Design of Switches Although They Did Not Meet SpecificationsNew data in the GM recall hearing revealed that the automaker approved the design of switches 12 years ago although it knew the ...
Aston Martin in talks with Mercedes for new luxury SUV
Aston Martin in talks with Mercedes for new luxury SUVAston Martin, the maker of ultra-luxurious vehicles is holding talks with Daimler’s Mercedes-Benz for a new luxury SUV, ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

BMW Group Design Subway Kuala Lumpur - Front View
arrinera hussarya 1
0-Spied-Porsche-Macan-GTS-02
bmw 1m coupe replica 555 hp 1
volkswagen passat facelift tuning jms 1
Mercedes-Benz A45 AMG Brabus tuning 1
suzuki authentics production 1
BMW Celebrates its Commitment in the USA in Spartanburg, SC Left to Right: Secretary Robert Hitt, South Carolina Secretary of Commerce Dr. Norbert Reithofer, Chairman of the Board of Management, BMW Group Secretary Penny Pritzker, US Secretary of Commerce Nikki Haley, Governor of South Carolina Mr. Manfred Erlacher, President and CEO, BMW Manufacturing (03/2014)
toyota hilux arctic 6x6 1
Spied-VW Golf GTI Club Sport 001
ferrari 458 italia crash london 1
lamborghini-aventador-50th anniversario tuning carlex design 1

More automotive from inautonews
Kuala Lumpur, the capital of Malaysia, will have in the near future a new subway system designed by the German automaker BMW. Well not exactly but the automaker operates DesignworksUSA - a global design company that operates worldwide. DesignworksUSA  was acquired by BMW in 1995 and is now ...
read more
Inautonews Editors Section
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...
Test Drive Fiat 500L Living – Review
Test Drive Fiat 500L Living – Review Who ever thought in 2007, when Fiat unveiled the new 500 citycar that the Italian automaker will ever build a seven-seater 500 model. Clearly, ...
Test Drive Fiat 500L Trekking – Review
Test Drive Fiat 500L Trekking – Review Fiat had a great success back in the 60’s with the 500 model. It was cheap, practical and equipped with a 479 cmc petrol engine – that’s why ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety Recall roundup: More than 650,000 GM vehicles – number reaches almost 5mGeneral Motors has announced a recall for more than 650,000 SUVs, trucks and Cruzes for ill-fitting ... Delphi Officials: GM Approved Design of Switches Although They Did Not Meet SpecificationsNew data in the GM recall hearing revealed that the automaker approved the design of switches 12 ...
Safety Section