McLEAN, Va. –

National Automobile Dealers Association chairman Bill Underriner highlighted member benefits — including one geared toward used-car managers — that have been created by the new partnership between NADA and J.D. Power and Associates during a recent interview on “AutoFocus with David Hyatt.”

Underriner discussed how the relationship will provide dealers with more accurate and timely data, as well as other advantages.

“The issue of dealer data security is a huge concern because we have different companies trying to help dealers with their data … We really don’t know what’s happening with that data or what they are doing with that data,” said Underriner, a franchised dealer from Billings, Mont.

NADA is working with J.D. Power to increase dealer participation in the Power Information Network initiative.

“Dealers now have a way to benchmark their sales data and compare it with other dealers in real time to see where they are in the marketplace,” added Underriner, who also noted the partnership will also help the NADA Used Car Guide provide more accurate data on used car and truck values.

The latest edition of “AutoFocus” can be viewed below.