Pub. 2 2022 Issue 2

Moving the industry forward by advocating for car dealers to ensure that our members are being heard and understood by legislators. Learn more about what we do by watching the video below: https://www.youtube.com/watch?v=-wWpYIDMUCU

REGISTRATION IS NOW OPEN! Annual KADA Convention, taking place June 19-22, 2023 THE GREENBRIER, WHITE SULPHUR SPRINGS, WV held alongside VADA, WVADA & MADA Visit kyada.com/kada-registration.html to register today. For any questions, please reach out to Melissa Peach at mpeach@kyada.com.

Kentucky Automobile Dealers Association (KADA) is pleased to recommend a broad range of products and services aimed at controlling expenses in every facet of the dealership. The following products and/or services are recommended by the association’s Board of Directors and endorsed through the association. These vendors are reviewed periodically to ensure the quality of products

KADA EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS MEETINGS February 8th Frankfort Country Club Executive Committee: 1:30-3:00pm Board of Directors Meeting: 3:00-5:00pm Buffalo Trace Clubhouse Legislative Reception: 5:30-8:00pm May 8th-10th Gaylord Opryland Resort & Convention Center, Nashville, TN Executive Committee Retreat June 22nd The Greenbrier, White Sulphur Springs, WV Summer Board of Directors Meeting November 9th

While there are many considerations in running a thriving dealership, one of the most important – and often overlooked – is developing and maintaining a succession plan. A strategy that allows for the transfer of ownership to the next round of leaders – whether family members, a trusted partner or an outside buyer – will

One of the significant challenges of running any automotive dealership is moderating expenses. General managers and dealer principals are responsible for controlling many costs, including payroll, vehicle inventory, floorplan, and parts inventory. Monthly bills add up, and there is less revenue to put toward necessary resources. A major opportunity for expense control may be the

Cybercrime poses a constant threat to businesses and their customers, with criminals committing fraud by stealing identities or using phishing to illegally gain access to a company’s computer network. In recent years, cybercriminal attacks have caused major consumer information breaches at retailers, social media platforms, and credit information providers. Seventy-four percent of companies have been