Pub. 5 2024 Issue 4

PRESIDENT’S MESSAGE Reflecting on Another Remarkable Year As we approach the end of another remarkable year, I wanted to take a moment to reflect on the accomplishments and milestones we have achieved together. This past year has been a year of growth, collaboration and advocacy for the automotive industry in West Virginia. I would also like to take a moment to thank all our dealers and members who continually support WVADA. Our events and efforts would not be possible without your support and the support of our preferred partners and associate members. WVADA has successfully strengthened our state’s franchise law twice, reduced B&O taxes and ensured a competitive documentary fee for all dealers. I ask each of you for your support and engagement moving forward — to participate in the process, attend WVADA events, contribute to the WVCAR PAC, and support our key partners that help fund our Association — all of which helps us to continue on the incredible path we have been on for the past few years. This past session, WVADA was able to pass one of the strongest franchise bills in the nation. This bill addressed several crucial aspects of our industry. This included clarifying the timeline for manufacturers to dispute motor vehicle dealer requests for adjustments to parts and labor rates. Additionally, the bill established a 15-year period on dealer facilities that applies to any subsequent dealer obtaining ownership. It prohibits manufacturers from amending dealer agreements without the dealer’s consent and ensures manufacturers provide dealers with all makes and models, irrespective of the propulsion method. Furthermore, the bill safeguards dealers from manufacturer interference in pricing, trade-in values, financing terms and the pricing of voluntary protection products. It prohibits manufacturers from treating franchised motor vehicle dealers merely as agents, reinforcing the independence and integrity of our members in the sale and lease of motor vehicles. After completing the legislative session, we had a busy year planning the VIP Charity Gala and auto show, raising over $40,000 for Good News Mountaineer Garage, holding our first destination convention in over a decade, organizing six Jared Wyrick President, WVADA WVADA NEWS 6

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