Monday, Mar. 30, 2020, 11:20 AM
A new National Automobile Dealers Association initiative to help local dealerships navigate business and regulations in the coronavirus environment will provide information about coronavirus developments affecting dealership operations.
The initiative, called the Dealership Lifeline Series, provides guidance on how dealers can manage their operations in the wake of those developments.
The series is a collection of webinars, white papers, reports, best practices, and blog posts.
NADA says the collection, located in its Coronavirus Hub, provides dealers, manufacturers and allied industry companies with best practices and information covering the coronavirus pandemic.
The association said series content will cover topics such as:
— The Families First Coronavirus Response Act
— The Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
— The Coronavirus Preparedness and Response Supplemental Appropriations Act
— Cash flow management
— Expense reduction
— Dealership service and parts departments as essential business
Subject matter experts such as NADA Academy instructors, 20 Group consultants and NADA executive staff will host the Dealership Lifeline Series webinars.
NADA said the webinars will be presented live as soon as they are available. They will also be recorded and made available on-demand on the NADA Coronavirus Hub.
Additional information is available at www.nada.org/coronavirus.