ORLANDO, Fla. - Nathan Conyers didn't mince words when he spoke to dealers and factory representatives at the first NADA breakfast for minority dealers. Conyers, the owner of a Jaguar dealership in Novi, Mich. told attendees that any auto company that's tempted to put its minority dealer program on the back burner while it restructures is risking its own survival. Minority consumers are "fertile ground" for building market share, he said, because they are underserved by the auto industry. "If they (auto companies) don't recognize that the minority community in this country is an underserved element where growth can occur, and if they don't see you as a minority dealer as being part of the solution rather than part of the problem, they are going to fail," he said. He added that, "This is no longer a time when affirmative action and diversity is part of our corporate social responsibility. It's no longer part of doing the right thing. It's not a matter of feeling good. It's an absolute imperative for survival."
From the February-22, 2006 issue of Credit Union Times Magazine • Subscribe!
Minority Auto Dealerships Must Be Part of Auto Companies' Strategic Plans
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!
Comments
- The 4 Major Designs of the $100 Bill (Slide Show)
- Anonymous May 7 Target List Includes 12 Large Credit Unions
- Theresa Portillo Sentenced to 6½ Years in Prison for Looting Feminist CU
- WesCorp’s Legacy Losses Outpace Other Corporates
- Stacie Wyss-Schoenborn Seeks Innovation One Step at a Time: Women to Watch
Resource Center
View All »
Measure and Monitor the Risks and Opportunities in Loan Portfolios
Get a complimentary demo of our loan portfolio analytics and access to the white paper,...










