March 2017 | Business View Magazine

84 85 er-assisted financing during a series of Federal Trade Commission roundtables. Despite the forums being stacked against dealers, no new regulations resulted from these roundtables. NADA also supported its recession-battered members in other ways, with favorable action on SBA-guaranteed loans, stabilizing the estate tax, preserving LIFO and other issues. NADA helped defeat “right to repair” legislation—a push by aftermarket manufacturers to obtain OEM proprietary data—as well as an amend- ment in a federal highway bill in 2015 prohib- iting dealers from selling or wholesaling used vehicles under open recall. Phil Brady, then NADA president, left the association in 2012 and was replaced by Peter K.Welch,who had been president and CEO of the California NewCar Dealers Association since 2003. Welch is now also NADA CEO. In 2017,NADA launched “NADA100,” a yearlong The NADA Story Graphics and story reprinted fromwww.nada.org/NADAstory. celebration of its 100th anniversary kicking off at the convention in NewOrleans.NADA is now preparing for new health-care and other possi- ble legislation as well as changes the incoming Trump administration might make to regulatory agencies such as the CFPB. NADA is always looking to the future, and that is especially true as the association turns the corner on its first 100 years.A recent study,The Dealer- ship of Tomorrow: 2025,was prepared for NADA to look at retail auto-industry trends.The forecast is bright for dealers, showing how their businesses will remain the dominant way vehicles are sold and serviced. Yet there will be plenty of changes down the road, especially with digital dealerships and au- tonomous vehicles on the horizon. But as the past century has shown—fromworld wars and reces- sions to onboard diagnostics and mobile apps— dealers certainly know how to adapt.