X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.