ORLANDO, Fla. - It's easy and understandable for dealers to get discouraged these days about the prospects for their future after hearing the news out of Detroit about the Big Three automakers' restructuring plans and likely employee layoffs. But incoming NADA Chairman William Bradshaw is optimistic about the industry's future and shared his optimism with dealers at the 2006 National Automobile Dealers Association convention. Commenting on the automakers' restructuring plans, Bradshaw offered they are "encouraging signs that they plan to be here for the long haul." History has shown, he said, that automakers thought to be in a downward spiral can turn themselves around, and that those companies that seem to be infallible can stumble. "So it's best we take the long view," he said, and not count out the Big Three. Bradshaw told conferees that he will take the message to the auto manufacturers that "all dealers are essential to the future success of the auto industry," and that "any right-sizing should only be driven by market forces." NADA, he added, will also push federal lawmakers for a law to eliminate title washing and will urge insurance companies to release "total-loss" information on both wrecked and flood vehicles. "Consumers and dealers must have this information and title history before they make a purchase," he said.
From the February-22, 2006 issue of Credit Union Times Magazine • Subscribe!
Incoming NADA Chairman Urges Dealers to Hang Tough with Big Three Automakers
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