NADA’s Koblenz Joins Industry Summit Roster

By: Admin   LAS VEGAS — Andy Koblenz, executive vice president of legal and regulatory affairs for the National Automobile Dealers Association (NADA), will deliver a keynote address at Industry Summit 2015, which will be held Sept. 8–10 at Paris Las Vegas. “Andy Koblenz is a familiar face at Industry Summit and a great friend to dealers everywhere,” said David Gesualdo, show chair and publisher of F&I and Showroom. “His experience speaks for itself, and we anticipate a gripping and informative address.” Since 2006, Koblenz has...

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KBB Raises 2015 Sales Forecast to 17.1 Million Units

IRVINE, Calif. — Kelley Blue Book (KBB) issued today its prediction for June 2015 sales. The vehicle information site expects to increase 5.8% from a year ago to 1.5 million units, resulting in an estimated 17.4 million seasonally adjusted annual rate (SAAR). If the firm’s June sales prediction is realized, total sales for the first half of 2015 would come in at 8.53 million — a 4.7% increase from the same time last year and the highest first-half total since 2005. It would also mean second-quarter sales will have increase 3.9% from a year...

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