Pub. 4 2023 Issue 4

Accumatic, Inc.Ally FinancialAssurantAtlantic Union BankBank Of America — Merrill LynchBDO USA, LLPBlue Whale EVBrightline Dealer AdvisorsBrown, Edwards & Co.CarNowCBIZChase Dealer ServicesComputerized Vehicle RegistrationCore AssuranceCouncilor, Buchanan & Mitchell, PCCrovato BG Products & ServicesDiamond Dealer ServicesDominion DMSDSMADynatron SoftwareEthos GroupFoti, Flynn, Lowen & Co.Fulton Bank GM FinancialGreensboro Auto AuctionHaig PartnersHikoJM&A GroupKerrigan AdvisorsKPAM&T BankMahdavi, Bacon, Halfhill & Young, PLLCManheim

Consolidation is everywhere in retail automotive — and Virginia is no exception. We’ve compiled a roundup of publicly announced dealer purchases and sales in Virginia during 2023 — meaning we are sharing news the dealerships chose to make public. There were several other deals that VADA is aware occurred, but those transactions have remained private.

Tune in to our podcast and get all the juicy details wherever you are. From engaging interviews to thought-provoking discussions, VUE Points with Sharon Kitzman has got you covered, ensuring you never miss a beat. Sharon Kitzman leads the launch and long-term growth of Dominion DMS. Her experience spans every area of dealership software development,

Depreciation — Capital Asset Purchases Capital investments have long been a useful way to reduce income taxes, and the Tax Cuts and Jobs Act (TCJA) further enhanced this technique by expanding bonus depreciation. For qualified property purchased after Sept. 27, 2017, and before Jan. 1, 2023, businesses were able to deduct 100% of the cost

The 2023 Virginia election was the first election cycle with new district lines that were drawn under the redistricting process adopted by voters in 2020. This election already brought historic turnover, with numerous retirements and incumbents losing primaries. Democrats were able to maintain control of the Virginia Senate with a 21-seat majority. There will be

The Truist Leadership Institute has dedicated more than a decade to researching and measuring the effect of engagement on workplace performance. Don Geletko, Senior Leadership and Business Advisor, and Jeremy Spidell, Director of Client Engagement at Truist Leadership Institute, share how building a more engaged workforce is especially important when conditions in the industry and

After many years of VADA providing subscription vehicle registration data to Virginia dealers, we have changed the way we provide this information going forward. Cross-Sell, which publishes the Cross-Sell Report, has provided new and used vehicle registration data reporting to thousands of dealers across the country since 1989. They’ve worked with Virginia dealers since 1998.

The nomination of Barry Nelson, dealer and President at Nelson Ford Mazda in Martinsville, Virginia, for the 2024 TIME Dealer of the Year award was announced by TIME. Nelson is one of a select group of 49 dealer nominees from across the country who will be honored at the 107th annual National Automobile Dealers Association

One of the many things I’m grateful for as we start 2024: that we live in a country where we can have free and open elections. After the November election, I reminded our members that the Virginia Automobile Dealers Association is a nonpartisan organization that supports, financially and ideologically, both political parties. In our 75-year