GNYADA December 2017 Newsletter

A Year of New Challenges and New Achievements R E C A P P I N G 2 0 1 7 1

With a busy legislative season, new technologies making headlines, and an expectation-breaking Auto Show, GNYADA’s 108th-year comes to a close. As 2017 recedes in the rearview, let’s reflect on some of the Association’s most meaningful moments from the past year. Legislative Successes In June, the State Legislature overwhelmingly passed a bill for which the Association strongly fought, to impose necessary regulations on auto brokers and leasing companies. This momentous legislation passed because of regular meetings with the bill’s sponsors and the concerted efforts of area new car dealers who reached out to their representatives for support. This big legislative win capped off a highly productive Legislative Session, in which GNYADA halted Tesla’s push to open more non- franchised stores, introduced legislation to ensure dealers are reimbursed for the cost of storing vehicles with open recalls, and moved forward on many other priority issues. The Association's 2017 Economic Impact Report – which is distributed to state and federal policy makers and to regional media sources to further the Association’s political agenda – revealed that franchised new car dealerships were responsible for more than 68,000 jobs and $48.5 billion in total economic activity spread throughout Metro New York. This Report is a powerful tool to prove to legislators why our region’s franchised new car dealers must have their businesses protected. GNYADA Publishes 2017 Economic Impact Study

DCA Withdrew 200+ Dealer Subpoenas After working closely with the NYC Council on legislation to address concerns around the sale of used cars with open recalls, the DCA agreed to GNYADA’s request to drop roughly 200 subpoenas that the agency issued to City dealers three years prior. GNYADA Works with Gov to Help New York “Go Green” The Association lobbied to include $55 million in the New York State budget and create the “Drive Clean” EV rebate program, which was launched in March. Since then, franchised new car dealers have used these incentives to drive more than 4,123 electric vehicle sales in our region.

125K Raised at Charity Golf Outing At the Annual Charity Golf Outing, the Association raised a record $125,000 to support automotive education. On the day of the Outing, GNYADA also distributed $22,000 in educational scholarships, including four $5,000 scholarships to U.S. military veterans enrolled in Lincoln Technical Institute’s technician training program. 100K Donated in Disaster Relief In September, the GNYADA Board approved $50,000 contributions to both NADA’s Emergency Relief Fund and the American Red Cross to aid the recovery efforts after Hurricanes Harvey and Irma caused enormous damage to facilities and homes throughout the south and southeastern United States.

NYIAS Defied Expectations Amid rumors of soft attendance and waning enthusiasm, the 2017 New York Auto Show surpassed industry predictions in terms of ticket sales, media coverage, and vehicle debuts. Governor Cuomo joined the Association’s Board onstage for the grand opening, highlighting two weeks of highly-anticipated model unveilings, industry events, and special conferences that explored emerging developments in automotive retail.

The Association offers its thanks to all of our dealers and Allied Members for making 2017 a year to remember. We look forward to an equally memorable 2018!

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • December 2017

2