In a full-page ad published in USA Today, the National Automobile Dealers Association is urging the American public not to lose sight of the economic engine on Main Street: the nation's 20,000 new-car and -truck dealers. "Up to now, much of the discussion about a rescue plan for the automakers has focused on the Detroit Three: GM, Ford and Chrysler," NADA Chairman Annette Sykora said in the letter. Meanwhile, dealers across the country are joining the automakers in Washington, D.C. to push for the aid.
"For generations, the nation’s auto dealers have been the bellwether for the U.S. economy – accounting for almost 20 percent of all retail activity in the country, generating billions of dollars in state and local tax revenue," the NADA ad said.
Sykora said, "Congress must act to restore stability to the auto industry as an important first step. Auto retailing is part of the solution to solving the economic crisis that we’re now facing. The economic engine of the auto industry can help get this economy running on all cylinders again.
The federal government is already helping Wall Street. Now it’s time to help Main Street." The Open Letter also appeared in the Sunday edition of the Boston Globe, and it's likely to appear in other newspapers around the country this week, NADA said.
View the full-page ad.
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