Pub. 3 2024-2025 Issue 1

NADA Notes MESSAGE FROM NADA DIRECTOR MATT LAUGHRIDGE NADA DIRECTOR Before I update you on what’s happening at NADA, I’d like to take this opportunity to introduce myself. My name is Matt Laughridge, and I am the newly elected NADA director for Georgia. I first want to thank outgoing NADA Director Steve Middlebrooks of Heyward Allen Motors in Athens. Steve has been our state’s NADA director since 2017, and he has done an outstanding job! He relentlessly worked to recruit new NADA members and contributors to the NADA PAC while keeping Georgia dealers informed of national issues and NADA's advocating on our behalf. Well done, Steve. As for me, I am a Hyundai and Genesis Dealer from Cartersville, Georgia. I have been in the automobile business all my life. I started by washing cars in the summer of sixth grade. As I got older, I was fortunate enough to be able to work in every department, learning all aspects of the business. I was able to buy into my family store in 2012 and have been involved first-hand in operating the dealership ever since. I have been involved with NADA and the NADA PAC for over 10 years, helping to create and build NADA’s successful NextGen program. Prior to being elected as Georgia’s NADA director, I served on the GADA board, most recently as the North Georgia area vice chair. As your NADA director, I intend to work to ensure the survival and success of franchise dealers. The dealer franchise network is the only true way to provide the best experience for today’s car buyers and the local community. On a more personal level, I love spending time with my family — my wife Ashley and daughter Evie. We have a new baby boy on the way, and we’re very excited about our growing family. I enjoy golfing, hunting, traveling and cheering on the Atlanta Falcons. I want to thank Georgia dealers for giving me the opportunity to represent you and your business with NADA. I also want to thank Lea, Ben, Bill and the GADA staff for always helping me out and being the best team for the dealers. THE FTC VEHICLE SHOPPING RULE (also known by the FTC as the CARS Rule) NADA continues to pursue an aggressive legal and legislative strategy to stop the FTC’s Vehicle Shopping Rule from taking effect. The full House of Representatives may consider the FY25 Financial Services and General Government (FSGG) appropriations bill in September, which includes a NADA‑backed provision that would stop the FTC from implementing or enforcing the Vehicle Shopping Rule until Sept. 30, 2025. NADA continues to press legislators to include this provision. THE GENERATOR 12

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