Pub. 5 2023 Issue 3

These partners have answered the call and supported NHADA programs and events. Please consider your partners first when you need professional services for your business. To become a NHADA partner, please call Kaleena Guzman at 603-224-2369, or email her at kguzman@nhada.com. Companies endorsed by the NHADA are listed first within each association partner level. Learn more at nhada.com/partnership-program.

Candia Trailers & Snow Equipment Co. 35 High St. Candia, NH 03034 Phone: (603) 483-2541 Owners: Jeffrey Goff Chestnut Hill Auto Service 219 Main St. Sandown, NH 03873 Phone: (603) 887-0911 Owner: Christopher J. Loader Reliable Auto, LLC 725 Second St. Manchester, NH 03102 Phone: (603) 943-3935 Owner: Nathan Goodwin Route 111 Auto Sales, Inc.

Our Annual Drive for a Tech Golf Tournament Returns This September

The Loss Prevention staff provides a comprehensive list of safety and environmental consultation services (most of which are at no cost) to members of the NHADA WCT.

On Wednesday, May 17, we hosted our 2nd annual Well-being Fair. It was a beautiful breezy day at NHADA headquarters. We had a tent, lawn games and a dunk tank.

On June 25-27, members, partners and guests all joined NHADA at the Mountain View Grand Hotel & Resort for our Alpine Expedition Convention.

On Thursday, May 4th, Ford Motor Company in collaboration with Manchester Community College hosted its first Ford ACE automotive competition. We were honored to attend the event and award scholarships to the top three teams with funds donated to the Foundation by Chris Lane of McFarland Ford, from his 2022 Big Raffle grand prize of $25,000.

In the ever-evolving landscape of automotive employment and education, the workforce development team has been diligently working to help bridge the gap between skills and opportunities afforded to students and instructors, and members’ automotive businesses.

NHADA Workers’ Compensation Trust (WCT) members should now have their rebate checks. The Board of Trustees and staff are pleased to be able to return $1.8 million dollars as the 2023 rebate. Funds from 2019, 2020 and 2021 were released, based on the actuarial analysis and board approval, to make up the 2023 rebate. The actuaries’ goal is to release as much money as possible from past fund years while retaining enough money in reserve for the WCT to remain in the 99% confidence level — money held in reserve is intended to cover losses both reported and those that may not yet have been reported. No money is released from the 2022 Fund Year as those claims continue to develop. When claims are over one year old, their ultimate cost is more predictable, and the actuary has greater confidence in releasing funds for that year.

The number one benefit of being an NHADA member is having a sense of community and a voice in your industry. Where did you grow up? I come from a small town in Northwestern New Jersey named Mountain Lakes. What is your educational background? I completed my undergrad at Roanoke College in Salem, Virginia, with

Please join the NHADA Board of Directors for a Town Hall meeting with NADA President Mike Stanton. He will be discussing issues of importance to our franchised new car and truck dealer members.

By the time you read this, the FTC Safeguards Rule (Rule) will have been in effect for at least a month. The Rule, which was previously scheduled to go into effect last November, has been live since June 9, 2023. The Rule, in short, requires dealers to undertake a series of procedural, technical and contractual steps to protect consumer and other personal data.

Hello, and welcome back for another year of membership with the NHADA. By now, you have completed your renewal, and some of you have recently attended our Annual Convention. This year, our members, partners and their families visited the Mountain View Grand Resort & Spa in Whitefield, NH, from June 25-27. Attendees enjoyed some business networking, an informative session by the NH DMV and State Police, dining and entertainment, local activities and more. For a full recap of the event, including photos, please see page 18.

Hello, and welcome back for another year of membership with the NHADA. At this point, we have finished our renewal cycle, and I am happy to report that 97% of our members have come back for another year. Our members continue to come back year after year, and we continue to show marked growth, with much credit to our wide array of benefits and services.