©2024 Virginia Automobile Dealers Association (VADA) | The newsLINK Group LLC. All rights reserved. Virginia Auto Dealer is published four times each year by The newsLINK Group LLC for VADA and is the official publication for the association. The information contained in this publication is intended to provide general information for review and consideration. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your specific circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the association, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Virginia Auto Dealer is a collective work, and as such, some articles are submitted by authors who are independent of VADA. While VADA and The newsLINK Group encourage a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact The newsLINK Group at (855) 747-4003. CONTENTS 2024 Pub. 5 Issue 4 Virginia Automobile Dealers Association A Message From President and CEO Don Hall 4 Community Colleges: The Key to Automotive’s Workforce Challenges 6 VADA PAC United as One for the Franchise System 8 Tune In to VADA LIVE 10 Backing Technicians and Service Departments With 2025 Virginia Legislation 12 Dealer Day at the Capitol 2025 13 VADA ‘25 18 4 14 14 Plan Now for a Smooth Business Transition Later Learn Strategies to Avoid 7 Common Pitfalls When Preparing for Dealership Transition By Duncan Moseley, Managing Director in the Center for Family Legacy at Truist, and Stacey Prince-Troutman, Partner and Chair of the Trusts and Estates Practice at Akerman LLP 18 Checkup Time! How To Avoid Burnout 20 Leadership 21 Thank You VADA Allied Members 22 Thank You VADA Program Partners vada.com 3
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