Pub. 1 2023 Issue 1

MADA Membership is an investment in your business and your future. By paying quarterly dues, you have MADA Membership and NADA Membership, and you help support Auto PAC (MADA’s Political Action Committee).

While there are many considerations in running a thriving dealership, one of the most important — and often overlooked — is developing and maintaining a succession plan. A strategy that allows for the transfer of ownership to the next round of leaders — whether family members, a trusted partner or an outside buyer — will position you and your business for future success.

Chairman Jeff Field and the MADA Board of Directors visited the State Capitol to let legislators know the importance of HB 401 to the dealer body.

By now, many of us have seen a TikTok video filmed at someone’s workplace — a “day in the life” video, someone complaining about their coworkers, supervisors, or customers, or someone talking about an unrelated subject while at the office. And a relatively new platform, BeReal, goes a step further by encouraging users to provide an unfiltered view into their “real” everyday life at random moments throughout the day. Of course, such organic social media clips can be a valuable tool that helps market your brand and build stronger employee relationships — but where do you draw the line?

Congratulations to Stephen Franks as the 2023 Mississippi nominee for the TIME Dealer of the Year. Franks is the owner and dealer at Franks Chevrolet Buick GMC in Kosciusko, Mississippi.

Paul Moak, Jr., of Paul Moak Honda and Subaru believes in giving back. The Mississippi Automobile Dealers Association Self Insurers Fund (MADASIF) has benefited from his leadership as Chairman of the Board of Trustees.

The Trustees of the Mississippi Automobile Dealers Association Self-Insurers Fund (MADASIF) declared a $900,000 dividend credit and a 5% rate decrease for 2022.

President’s Club $5,000 First Year and $2,500 Renewal Jonathan AllenJ. Allen ToyotaRoger Bacon Mossy of Picayune Ryan BrinkmeierMac Haik Ford JacksonMichael Joe CannonCannon Motors of MSTyler CannonCannon Ford of ClevelandGary DodsonCadillac of Jackson Cannon KirkKirk AutoTrudy MoodyMercedes-Benz of JacksonOwen MossyGulfport NissanButch OustaletButch Oustalet Ford LincolnTony PetroPetro NissanBrad YarbroughNatchez Ford Gold Club $1,000 – $2,500 Michael

President’s Club $1,000 or more Jonathan AllenJ. Allen ToyotaBob AubreyPatty Peck HondaRoger BaconMossy of PicayuneRyan BrinkmeierMac Haik Ford JacksonMichael Joe CannonCannon MotorsGary DodsonCadillac of JacksonJeff FieldLanders Chrysler Dodge Jeep RamStephen FranksFranks Chevrolet Buick GMCDaren FurmanMac Haik Madison CDJR Reed HowellHerrin-Gear Lexus, Infiniti, ChevroletCannon KirkKirk Auto CompanyWalt MasseyWalt Massey AutomotivePaul MoakPaul Moak AutomotiveTrudy MoodyMercedes-Benz of JacksonPhil

The most recent NADA Board Meeting was held at the end of January in conjunction with the 2023 NADA Show in Dallas. In addition to a thorough discussion of the top issues NADA is working on behalf of franchised dealers, the January Board Meeting marked the official transition to the Board’s new executive leadership team, with 2023 Chairman Geoff Pohanka, Vice Chairman Gary Gilchrist, and all other officers and committee chairs officially beginning their terms.

For over 50 years, there has been a franchise law in Mississippi. One of the chief purposes of the law has been to build a network of independent car dealerships in our state that would provide sales and service of automobiles to Mississippians.

Six years ago, MADA started publishing a quarterly newsletter as a way of communicating our mission — to promote and advance the franchised automobile dealers in Mississippi. Late last year, an opportunity to take the quarterly newsletter to a quarterly magazine was presented to our leadership, and we took it.

I hope your year is going well so far. 2023 is certain to bring new challenges to our stores as interest rates increase and factories continue to impose new demands.