Incoming NADA Chairman Says Auctiond Add Credibility, from Used Car News.
(Bill Fox is the incoming chairman of the National Automobile Dealers Association.)
Tell us about your background in auto retailing.
My sister, Jane, and I purchased a Chevrolet dealership nearly 40 years ago in Weedsport, N.Y. Since then, we have acquired several other domestic and import franchises. Today, we are partners at Fox Dealerships, Inc. We operate four dealerships in Auburn and Phoenix, N.Y., selling and servicing Chevrolet, Chrysler, Dodge, Honda, Jeep, Ram, Scion, Subaru and Toyota vehicles.
Why did you want to be NADA chairman? What do you hope to accomplish?
I realized how important NADA is to new-car dealers during the economic and industry crises over the past several years. As chairman, I will work to ensure that NADA continues to be the voice of the dealer and do what we can to shape the future of this industry so that the next generation of dealers has the same or better opportunities than we’ve enjoyed. We will continue to advocate strongly for dealers and the franchise system, which is the best and most efficient model for consumers, dealers and manufacturers alike.
You describe yourself as “an auction guy.” What do you like about the auctions? How often do you go personally? And what do you think of buying inventory online?