The Florida Automobile Dealers Association (FADA) reached a significant milestone on November 2 with the inauguration of the inaugural Hall of Fame, which includes 15 prominent automotive retailers. These individuals were praised for their unwavering dedication to business excellence and service, and their remarkable progress towards success was highlighted in front of his 300 automotive industry professionals.
CBT News was proud to participate in this event, with news anchor and co-founder Jim Fitzpatrick emceeing the event and introducing the winners. On today’s episode of Inside Automotive, FADA Chairman Ted Smith looks back at the ceremony and discusses its broader implications for the industry as a whole.
Here are 15 outstanding Hall of Fame inductees.
Important points:
1. FADA is inspired by the success of the National Automobile Dealers Association (NADA), Time Magazine, and Ally partnership to recognize national dealers by hosting a Hall of Fame induction ceremony. Following this concept, FADA decided to honor the Florida dealer’s philanthropy and celebrate his 103-year history.
2. At the inaugural event, FADA highlighted collective accomplishments and honored not only the inductees, but also their families, friends, and employees who contributed to their success. The event emphasized dealers’ contributions to the community, a message reinforced by the presence of legislators and the lieutenant governor.
3. FADA, which represents Florida’s new car franchise dealers, is proud of its significant economic impact, with $105 billion in retail space and contributing 15% of Florida’s sales ($6.2 billion). Masu.
4. Despite dealers’ significant economic contributions, FADA has a stronger reputation for community work with local schools, Boy Scouts, and health organizations, emphasizing its commitment to the community. He admits that he is.
5. FADA successfully advocated for major franchise legislation this year aimed at protecting dealers from direct OEM competition. This bill asserts dealer expertise in car sales and maintains their important role in the economy, with strong support from the Florida Legislature.