Dealers can download the survey here.
McCarthy Fund Created to Support Education, Mobility NADA has created the Frank E. McCarthy Memorial Fund under the National Automobile Dealers Charitable Foundation to honor the memory of the late NADA President. NADA chief economist Paul Taylor predicts more hybrids will join the Toyota Prius and Honda Insight in future years as automakers make use of fuel cells and other additions to hybrid technology. Currently, innovations in electronic engine management, drivetrain improvements and the lighter vehicle weight of CUVs and small cars are increasing average gas mileage. On May 23, after resisting numerous attempts to water down estate tax relief and income tax rate reductions, the Senate passed the tax cut bill incorporating President Bush's tax proposal by a vote of 62-38. The legislation that passed the full Senate includes the phase-down and eventual elimination of the estate tax, one of NADA's top legislative priorities.