NADA

NADA forms partnerships with other associations, and all of the groups benefit

NAMAD Chairman Perry Watson, center, of Lexus of Mishawaka in Mishawaka, Ind., entertains outgoing NADA Chairman Forrest McConnell, left, and NAMAD President Damon Lester in January 2015 at the National Association of Minority Automobile Dealers reception during the NADA convention. (JOE WILSSENS)
January 22, 2017 05:00 AM
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> Group effort
NADA is the "granddaddy" of automotive associations, but it works hand in hand with other automotive groups. Some examples

Trade

The American International Automobile Dealers Association takes positions on trade issues, while NADA often stays neutral. But they communicate well and often. Former NADA President Frank McCarthy had said that the associations are "complementary, not competitive."

Dealers' rights

With the National Association of Minority Automobile Dealers, NADA worked to restore dealers' rights during the Great Recession and General Motors' and Chrysler's bankruptcies by writing letters to the president and members of Congress.

Fair lending

The American Financial Services Association and NADA have worked together to encourage fair auto lending, responding to accusations by the Consumer Financial Protection Bureau of de facto discrimination by auto lenders.

NADA acts as a guide for franchised dealerships across the country, but it also partners with other dealership-related associations to bolster advocacy efforts and broaden its industry view.

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