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Author: Press Release

Auto Dealers Respond to White House Tax Plan

Reform Framework Benefits American Businesses and Workers Alexandria, VA (September 27) – The American International Automobile Dealers Association (AIADA), on behalf of the United States’ 9,600 international nameplate automobile dealers, today commented on the release of President Trump’s tax plan. Dealers voiced support for some aspects of the plan, including the reduction of the corporate tax rate from 35 percent to 20 percent, elimination of the family business-killing Estate Tax, and capping of the pass-through business rate at 25 percent. AIADA continues to await specificity on other important aspects of the plan. “As small business owners, dealers are happy to see...

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Harvey Takes a Bite Out of August Auto Sales

Alexandria, VA (September 5) – The American International Automobile Dealers Association (AIADA) today released August sales figures for the international nameplate auto industry. Brands sold by America’s 9,600 international nameplate franchises accounted for 55.5 percent of all new vehicles sold in the United States in August, down from 58.5 percent in July. AutoData Corp. reports that the seasonally adjusted annual rate (SAAR) for August was 16.14 million units, compared to 17.22 million units in August 2016. Unadjusted for business days, sales of all brands were down 1.9 percent from last August and 2.7 percent for the year-to-date. Industrywide, 1,483,330 vehicles were...

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Paragon Honda & Paragon Acura Expand New Digital eCommerce & Service Platform, Paragon Direct to Queens

Three-Month Beta Test in Manhattan Market Yields Tremendous Success for Innovative “Store Without Walls” Classic Car Club Manhattan Uses Paragon Direct to Purchase Highly Acclaimed Acura NSX Supercar NEW YORK, August 16, 2017 – Paragon Honda & Paragon Acura, the No. 1 Certified Pre-Owned Honda and Acura dealers in the world, announced today the expansion of Paragon Direct to Queens. The recently launched digital ecommerce and service platform will allow Queens consumers to schedule vehicle service, purchase a car, or arrange a test-drive, all without the need to physically visit the dealership. The expansion follows a wildly successful three-month...

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