AutoSuccess Magazine eNewsletter

August 27, 2014 Volume 1 Issue 49  
vAuto Releases New Merchandising Module
Paul Cummings Rocks the House of Blues
NADA Chairman Says Next Two Months Are Critical to the Future of Auto Industry
NADA Chairman: "Franchise system will continue to be the most cost efficient way of distributing vehicles."
Aspen Marketing and Experian Automotive Team to Help Dealers Better Market Pre-owned Inventories
Dealer.Com Launches Full Spectrum Internet Marketing Solution for Automotive Dealers: Online Marketing Guesswork Is Over’s New Feature-Rich Online Service Scheduling Solution Helps Auto Dealers Increase Service Traffic and Revenue
Aspen Marketing Services Announces Opening of Toronto Office
First Pre-production All-electric Aptera is Complete; Full Production and Delivery to Begin in October
Maryland Senator's Tax Incentive Bill is a Boost for Struggling Auto Industry, Economy
NADA Chairman: "Franchise system will continue to be the most cost efficient way of distributing vehicles."

New Orleans — The franchised dealer network is — and will continue to be — the most cost efficient and dependable way to distribute new and used vehicles to consumers, Annette Sykora, chairman of the National Automobile Dealers Association said in remarks at the NADA Convention & Exposition in New Orleans.

"You simply cannot replace the value we add to our communities with our local investments, and our contributions to charitable and community causes," Sykora told thousands of fellow dealers at the Morial Convention Center. "And the tax revenue we generate for our communities that supports the infrastructure and the education of our children is substantial."

In the midst of unprecedented challenges, it's important for people to know about the considerable economic impact of dealers in their communities, she said.

"To the media, to the lawmakers, we've explained that it's our investments that allow manufacturers to distribute their products efficiently," Sykora said. "It's our investments that provide the service facilities for America's fleet of cars and trucks."

As the deadline approaches for General Motors and Chrysler to submit reports to the federal government on their viability plans, Sykora said NADA continues to push for measures that will help restore consumer confidence, including tax incentives for car buyers and "cash for clunkers" programs that will help Americans into newer, more efficient vehicles.

This past week, NADA, the National Association of Minority Automobile Dealers and the Small Business Administration launched a loan guarantee program for dealers, and the groups are working to expand dealer eligibility, she said.

"We are taking an active role with the new administration concerning the stimulus package," Sykora said. "We're interested in encouraging more activity on our showroom floors."














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