NADA Donates $1 Million to Jump-Start Fundraising for Emergency Relief Following Hurricane Sandy
NADA has pledged
to jump-start a national fund-raising campaign for the Emergency Relief Fund of the National Automobile Dealers Charitable Foundation.
"This is the time for dealers across the country to step up and help those in the Northeast most affected by Hurricane Sandy," said
, NADA chairman and a dealer from
The fund provides financial assistance to dealership employees affected by natural disasters.
"It's wonderful that NADA is leading by example," said
, chairman of the NADA Foundation. "We want to be in a strong position to provide timely assistance to dealership employees as they work through the long process of recovery. We now need to reach out to dealers everywhere to join in the relief campaign."
Damages are still being assessed in the parts of
hit hardest by the hurricane.
"Widespread power outages and downed phone lines are hampering communications between dealers and their employees," said
, NADA vice president of public affairs. "It will be a long time before we know the extent of the damages but from what we're hearing the impact on dealerships and their employees is expected to be severe."
The NADA Foundation is working closely with
, president of the Greater New York Automobile Dealers Association, and
, president of the New Jersey Coalition of Automotive Retailers.
About the NADA Used Car Guide
Over a 79-year history, the NADA Used Car Guide has earned its reputation as the leading provider of accurate vehicle valuations and auction data. NADA offers a wide range of vehicle values, including those for used passenger car, light-duty and commercial truck, motorcycle, classic car and many more specialty vehicles. Available in a variety of delivery methods, NADA's products and services are used daily throughout the auto, finance, fleet-lease, government and insurance industries. For more information, visit
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The NADA Story
The NADA story began in 1917 when 30 auto dealers traveled to the nation's capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today, NADA represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit
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SOURCE National Automobile Dealers Association