After a 50-year career in the automotive business, Billy Threadgill of Florence, S.C., was selected as the president of the National Independent Automobile Dealers Association at its 70th annual convention in Las Vegas. Key among the new president’s goals is a desire to help every dealer understand the value of membership in the national organization.
“The education from this conference can only make you want to be a better and more successful dealer,” he said.
Since 2009, Threadgill has been part of the association’s executive committee, serving as secretary, treasurer, regional vice president and senior vice president. He has also served as the president of the Carolinas Independent Automobile Dealers Association, and is the former chairman of the national group’s state president’s council.
One of the reasons he’s been so involved in the national and state organizations has to do with education and training provided that helps newer dealers learn how to better manage their business.
“It requires a lot of capital and if you abuse it, you won’t be in business long,” he said.
As federal regulations seem to increase exponentially, he’s also interested in making sure every aspect of the business is followed to the letter.
“You’re dealing with tax laws and people’s credit and assets and how you protect that information becomes an intrinsic part of the business,” he said. “And they change regulations like clockwork.”
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