NADA Speaks Out on Auto Markets

Jonathan Banks, NADA Used Car Guide

NADA Front Page - August 14, 2012

Despite the debt cri­sis in Europe and the volatil­ity of a pres­i­den­tial elec­tion year, NADA holds true to its view on both the new and used-vehicle markets.

View a great video as David Hyatt of Aut­o­Fo­cus inter­views Jonathan Banks, senior ana­lyst with NADA Used Car Guide.

“New-vehicle sales were incred­i­bly strong in July, sur­pass­ing a 14-million unit pace once again,” said Jonathan Banks, senior ana­lyst with the NADA Used Car Guide, in an inter­view on Aut­o­Fo­cus with David Hyatt.

“Used-vehicle prices, which have been declin­ing from record-high lev­els, are still his­tor­i­cally strong. NADA still remains very bull­ish on used-vehicle prices.”