The National Automobile Dealers Association has canceled annual networking breakfasts for female and minority dealers at its annual convention and exhibition Jan. 24-27 in New Orleans because of lack of participation.
The change of activities and schedules for many dealers has affected participation in these two events this year, NADA said in a statement released today.
Advance dealer registrations are down 35 percent for the convention but the dealer group says it expects a large number of over-the-counter registrations now that federal bridge loans have been provided to General Motors and Chrysler LLC.
The womens breakfast was scheduled for Saturday, Jan. 24; the event for minority dealers was to be held the next morning. NADA previously touted the breakfasts as platforms for dealers to meet and share ideas.
New Orleans was the site of the first womens breakfast sponsored by NADA in 2005. The dealer group hosted its first morning meeting for minority dealers in 2006 at its convention in Orlando, Fla.
The breakfasts are among several previously scheduled events at the convention that have been eliminated or scaled down this year. Many companies and groups are cutting back to save money and/or avoid any appearance of extravagance.