NADA Donates $50,000 to Emeril Lagasse Foundation; NADA Celebrates 100thAnniversary in New Orleans
NEW ORLEANS – To show its long-time support for the New Orleans community ahead of the National Automobile Dealers Association (NADA) Convention and Expo this week, NADA Foundation donated $50,000 to the Emeril Lagasse Foundation, which supports Café Reconcile.
“My wife Alden and I are delighted that NADA has chosen the Emeril Lagasse Foundation as a grant recipient in conjunction with their convention. This generous philanthropic gift will help us positively impact the lives of more children,” said Chef Emeril Lagasse, chairman and founder of the Emeril Lagasse Foundation. “Thank you for bringing your convention to New Orleans and for supporting the Emeril Lagasse Foundation.”
The NADA Foundation, since its inception in 1975, has a long history of providing financial support to New Orleans and surrounding communities from hurricane and flood relief efforts, renovating the athletic fields at Lusher Charter School, supporting Second Harvest Food Bank to numerous CPR donations to local organizations.
“The NADA Foundation through amazing contributions from our dealer network has supported dealership families, military families and children in need from natural disasters and times of emergency, like hurricanes Katrina and Rita and most recently, the flooding in Baton Rouge,” said Annette Sykora, chairman of the NADA Foundation. “Through it all, NADA has been there to help.”
The Emeril Lagasse Foundation, founded in 2002, supports organizations that create opportunities to inspire and mentor youth through culinary, nutrition and arts education with a focus on life skills development.
“NADA’s generous gift will help us continue to provide the financial resources to those organizations that rely on our support and to expand our reach to more youths across the nation,” said Brian Kish, president of the Emeril Lagasse Foundation.
New Orleans has hosted the NADA convention 12 times since 1973. The four-day event runs from Jan. 26 to 29, 2017, at the Morial Convention Center. More than 23,000 new-car dealers and their managers, automotive industry professionals and exhibitor staff are expected to attend.
“The NADA convention has a positive impact on our local economy and their philanthropic spirit leaves a lasting legacy that will benefit all of us for years to come,” Kish added. “We are honored to be the recipient of their support this year. We will ensure the gift is invested wisely in the youth of our communities.”
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →