2025 Pub. 6 Issue 1

©2025 West Virginia Automobile Dealers Association (WVADA) | The newsLINK Group LLC. All rights reserved. WVADA News is published four times per year by The newsLINK Group LLC for WVADA and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. 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 circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of WVADA, 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. WVADA News is a collective work, and as such, some articles are submitted by authors who are independent of WVADA. While a first-print policy is encouraged, 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 publisher at (855) 747-4003. Contents PRESIDENT’S MESSAGE 6 LEGISLATIVE UPDATE By Jared Wyrick, President, WVADA 8 THANK YOU 2025 WVADA GALA SPONSORS 9 2025 WVADA VIP CHARITY GALA 12 THANK YOU TO OUR GALA SPONSORS WHO PARTICIPATED IN OUR “TALK TO THE DEALERS” SPONSORSHIP OPPORTUNITY! REGISTER NOW! 14 92ND DEALER FAMILY CONVENTION June 8-11, 2025 BY THE NUMBERS 16 HELPFUL TIPS FOR USING THE DEALERSHIP FINANCIAL STATEMENT AS A MANAGEMENT TOOL By Tasha R. Sinclair, CPA/ABV, Tetrick & Bartlett PLLC NADA COMPLIANCE ALERT 18 PRICE ADVERTISING IN THE CURRENT TARIFF ENVIRONMENT COUNSELOR’S CORNER 20 EVALUATING YOUR INTERNAL COMPLIANCE PROCESSES TO LESSEN YOUR LEGAL EXPOSURE By Johnnie Brown, Esq., Pullin, Fowler, Flanagan, Brown & Poe PLLC 22 ARE “MAIN STREET” BUSINESSES IN LOCAL ECONOMIES DEAD? The Role of Franchised Auto Dealerships 24 WORKPLACE VIOLENCE AND THE RISK TO DEALERSHIPS GUEST EDITORIAL 26 BRIDGING THE GAP Successfully Managing a Multi‑Generational Workforce 28 IN THE COMMUNITY 32 WVADA PREFERRED PARTNER PROGRAMS 34 EXECUTIVE COMMITTEE, BOARD OF DIRECTORS AND DIRECTORS AT LARGE 2025 ISSUE 1 9 20 JARED WYRICK President HALEY JUSTICE Communications & Events Director WEST VIRGINIA AUTOMOBILE DEALERS ASSOCIATION 1618 Kanawha Blvd. E. Charleston, WV 25311 Phone: (304) 343-4158 wvcar.com MEET OUR TEAM ELAINE JUSTICE Office Administrator JO BARKER Office Administrator WVADA NEWS 4

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