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The National Automobile Dealers Association (NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia .
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
The New Art Dealers Alliance (NADA) is a 501(c)(6) not-for-profit collective of professionals working with contemporary art.NADA members include galleries, gallery directors, non-profit art spaces, art advisors, curators, writers, museum and other art professionals from around the world.
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