The National Independent Automobile Dealers Association has finalized its acquisition of the assets and operations of the National Alliance of Buy Here, Pay Here Dealers after two years of review.
NIADA, in Arlington, Texas, said NABD employees will take on "expanded roles to serve the needs of NABD members, NIADA members and the BHPH industry," the group said in a statement Wednesday.
Under the merger, which closed Dec. 14, NIADA will fuse NABD's conference and educational offerings with its own. The deal thus creates a combined NIADA-NABD conference scheduled for June 18-21 at Rosen Shingle Creek Resort in Orlando.
"NABD has provided a strong voice and specialized educational resources to more than 14,000 members over the past 19 years. I am pleased that the NABD legacy will live on within NIADA as we continue to develop new ways to serve the entire used motor vehicle industry," NIADA CEO Steve Jordan said in the statement.