Pub. 1 2013 Issue 4

4 San Diego Dealer Dear Dealer Members, T he automotive industry is three and one- half years into an economic recovery that would have seemed unachievable in 2009. International and domestic brands continue to attract buyers while an aging vehicle fleet is keeping service bays busy. Credit terms have never beenmore favorable for buyers, even those with less-than perfect credit. All told, there are many reasons for auto dealers to feel positive again about the industry. This is especially true in San Diego County where new vehicle sales have consistently exceeded national averages both monthly and annually. If you have not already done so, take a few moments and review the 2013 Economic Impact Report you received lastmonth fromtheNewCar Dealers Association® San Diego County (NCDA). I believe you will find it extremely informative as it highlights the enormous financial impact dealers have on our regional economy. You can also find it on the NCDA website home page under Industry Reports. As your new NCDA Board of Directors Chairman, I look forward to working with my dealership counterparts and the NCDA staff over the next 12 months on a wide range of issues. In March, a number of dealers traveled to Sacramento to meet with Assemblymembers – many of whom were newly elected last November – as well as the state Senate delega- tion. If you have not had a chance to meet the Assemblymember or Senator that represents your district, I strongly encourage you to do so. While the NCDA has shared the 2013 Economic Impact Report with them, it is even more mean- ingful for legislators to hear directly from you. Collectively, franchised new car and light truck dealers comprise one of the largest employers in the county. We provide high-paying jobs and the vast majority offer access to health benefits to both their employees and their families. These jobs stay in San Diego County and the tax dol- lars they generate remain in the county as well. Additionally, our dealers spent over $185million with other California businesses, further adding to the state’s economic recovery. Later this summer, the California New Car Dealers Association (CNCDA) will be conducting seminars to address the impacts of the Affordable Care Act that take effect in 2014. Please be looking for more information from CNCDA on this seminar series in the near future. On a lighter note, I’d like to thank the sponsors and participants fromthis year’s highly-successful 44th Annual Golf Tournament. Once again, the tournament was a sell-out and thanks to our generous sponsors, there were delicious meals and fabulous raffle prizes to go along with a great day of golf. Again, I look forward to serving as Chairman of the Board and working with Dealer Members and the NCDA staff during the next 12 months. Sincerely, J.P. Paynter Chairman, NCDA Board of Directors New Car Dealers Association ® San Diego County 10065 Mesa Ridge Court San Diego, CA 92121-2916 Tel: (858) 550-0080 Fax: (858) 550-9537 www.ncda.com NCDA Board of Directors Board Officers Bill Cumming Chairman J.P. Paynter Vice Chairman DavidWolfson Secre tary/Treasurer John Stall Past Chairman Board Members Rick Blakemore Tom Brecht Pamela Burger Ray Burns Paul F. Dyke Jim Fornaca Dave Grundstrom D.J. Heller John McCallan Cha i rman ’s Le t t e r