DETROIT, Oct. 22, 2018 /PRNewswire/ -- The 51 dealers nominated for the 2019 TIME Dealer of the Year award were announced today by TIME and Ally.
The select group of dealer nominees from across the country will be honored at the 102nd annual National Automobile Dealers Association (NADA) Show in San Francisco on January 25, 2019. The announcement of this year's 50th annual award was made by Jorg Stratmann, publisher, TIME, and Doug Timmerman, president of Auto Finance for Ally Financial.
The TIME Dealer of the Year award is one of the automobile industry's most prestigious and highly coveted honors. Recipients are among the nation's most successful auto dealers who also demonstrate a long-standing commitment to community service. The 51 nominees are among the few chosen for the award from the more than 16,000 franchise auto dealers nationwide. Each nominee was chosen to represent their local dealer association in the national competition.
Dealers are nominated by executives from state and metro dealer associations around the country. The award is sponsored by TIME in association with Ally Financial, and in cooperation with NADA. A panel of faculty members from the Tauber Institute for Global Operations at the University of Michigan will select one finalist from each of the four NADA regions and one national Dealer of the Year.
In its eighth year as exclusive sponsor, Ally will recognize dealer nominees and their community efforts by contributing $1,000 to each nominee's 501(c)3 charity of choice. Three finalists will receive an additional $5,000 for their favorite charities and the winner will receive an additional $10,000 to give to charity. The nominees will also be recognized on AllyDealerHeroes.com, which highlights their philanthropic contributions and achievements.
"It's an incredible honor to recognize these dealers for their business accomplishments and their unwavering commitment to "Do It Right" by helping others in their communities," Timmerman said. "They are extraordinary auto leaders who care and go the extra mile to give of themselves to make their communities stronger. Ally is proud to support and celebrate their achievements."