NAMAD member Rahim Hassanally provides a closer look at the work of the National Association of Minority Automobile Dealers.
Committed to increasing opportunities for ethnic minorities within America’s ever-growing automotive industry, the National Association of Minority Automobile Dealers is a nonprofit, tax-exempt organization based in the Washington, D.C. area. A ten-year NAMAD member, Rahim Hassanally offers a closer behind the scenes look at the work of the vital U.S. automotive industry organization.
The National Association of Minority Automobile Dealers was founded in 1980. Led by African Americans, Latinos, and Asian/Pacific Islanders, the association—best known simply as NAMAD—is based in the Prince George’s County community of Lanham, Maryland.
Rahim Hassanally begins by sharing NAMAD’s mission statement. “NAMAD is committed to increasing opportunities for ethnic minorities in all aspects of the automotive industry,” he explains. “NAMAD also seeks to ensure the presence of a meaningful, representative number of minority entrepreneurs and employees in the retail sales, supplier and service sectors, and the manufacturing ranks,” Hassanally reveals.
The National Association of Minority Automobile Dealers, he goes on to explain, is a 501(c)(3) nonprofit, tax-exempt organization. For 40 years, NAMAD has actively and passionately represented ethnic minority automobile dealers in the United States, according to Hassanally. “This,” he says, “is vital, as out of a total of more than 19,000 new automobile dealerships in the U.S., only around five percent are owned by ethnic minorities.”
NAMAD is committed, the organization says, to working closely with domestic and international nameplate manufacturers to achieve sound, win/win business arrangements designed to create reciprocal trading partnerships. “In recent years, many astute automobile manufacturers have joined forces with NAMAD,” adds Hassanally, “in order to work together to advance efforts to promote equal opportunities for all.”
These partnerships have not only uncovered new markets, new ideas, and new talent, according to Rahim Hassanally, but also new capital – much to the benefit of automobile manufacturers, automotive industry entrepreneurs, and consumers alike.
Himself an automotive industry entrepreneur, Rahim Hassanally has previously shared an insightful look back at the history of the National Association of Minority Automobile Dealers.
“Collaborating with policy-makers and domestic and international manufacturers, NAMAD has been dedicated to establishing business protocols that are equitable, meaningful, and sustainable for America’s minority automotive industry sector since 1980,” he said at the time.
“While much work still remains to drive diversity and inclusion higher across the automotive industry in America today,” he adds, wrapping up, “NAMAD, now four decades on, continues to take a vital role in leading the process.”