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Minority franchise dealers increased by almost 9% in 2021, NAMAD data...

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According to the National Association of Minority Automobile Dealers (NAMAD), the number of minority franchised dealerships rose by almost 9% from 2020 to 2021. There...

Why more dealerships are centralizing the F&I process to a single...

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Earlier this week, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention in Miami Beach, Florida. In this...
M&A

M&A experts Faris Syed and Kirk Otis break down automotive buy/sell...

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Earlier this week, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention in Miami Beach, Florida. In this...
Parros

How to modernize your dealership with a one-person sales model? ...

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Earlier this week, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention in Miami Beach, Florida. In this...
Wells

How NAMAD is creating opportunity for women and minorities across the...

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Earlier this week, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention in Miami Beach, Florida. In this...
Lester

The driving force behind diversity in the automotive industry – Damon...

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Recently, CBT News was on-site at the 2021 (NAMAD) National Association of Minority Automobile Dealers Convention. In this interview, Jim sits down with the...
Kershaw

Nissan exec. David Kershaw on boosting minority-owned car dealerships with development...

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At the close of 2020, the number of minority-owned dealerships rose to 1,257, resulting in a net gain of 17 for Nissan. Although the...
minority

NAMAD Pres. Damon Lester discusses recent growth in minority-owned dealerships

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Minority-owned dealerships are on the rise according to recent numbers from the National Association of Minority Automobile Dealers. As 2020 came to an end,...
NAMAD NextGen

How NAMAD is investing in the next generation of minority dealers

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There are currently only 1,234 ethnic minority dealers out of the 18,200 franchise new-car dealers. The National Association of Minority Automobile Dealers (NAMAD) is...

NAMAD President Damon Lester shares his bold agenda for 2021

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2020 was a rollercoaster year for many minority dealers. To continue the conversation regarding diversity in automotive and to look ahead at 2021, we...