TAA

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Farrar Vaughan named 2025 Tennessee Time Dealer of Year

Congratulations to Farrar Vaughan for being Tennessee’s 2025 nominee for Time Dealer of the Year
 
TAA congratulates Farrar Vaughan, president of Jaguar Land Rover Bluff City in Memphis for being Tennessee’s nominee for the 2025 TIME Dealer of the Year national award. She is a recognized leader in our industry here in Tennessee and we congratulate her for this great accomplishment!   Farrar is one of a select group of 49 dealer nominees from across the country who will be honored at the 108th annual National Automobile Dealers Association (NADA) Show in New Orleans, Louisiana, on January 25, 2025. 

 In Tennessee, Farrar is seen as a leader because of her active involvement with so many civic organizations and her commitment to service including serving on the Tennessee Motor Vehicle Commission. She is known to many for her business leadership and commitment to her employees and customers.   The TIME Dealer of the Year award is one of the automobile industry’s most prestigious and highly coveted honors. The award recognizes the nation’s most successful auto dealers who also demonstrate a long-standing commitment to community service.  

Vaughan was chosen to represent Tennessee in the national competition – one of only 49 auto dealers nominated for the 56th annual award from more than 20,000 nationwide. To read the press release from Time, please click here.

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2024 TAA Regional Meetings – Wrap-up

Chairman Lynn Jenkins and the TAA team have completed our 2024 regional meetings this fall and thoroughly enjoyed getting to meet with Tennessee dealers. Over the course of two weeks, we traveled across the state and met with dealers, vendors and presented on hot topics at the state, federal level.

We hope Members found the meetings informative and we appreciate all the insight about the challenges facing our industry. A special thank you to our sponsors who attended the meeting and made this a great event.

TAA President Tim Slattery and 2024-25 TAA Chairman Lynn Jenkins

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New-Car and -Truck Dealers Driving Tennessee’s Economy

Tennessee dealers are an economic driver of the state economy.  Nearly 350 new car dealerships in the state employ over 50,000 Tennesseans with pay over $2B in annual salaries and wages.  

Key Facts:

  • Over 3,000 independent dealers.
  • Over 13,080 licensed salespeople.
  • This represents more than 5% of the total retail workforce in Tennessee.
  • This 5% earn approximately 10% of the total retail wages paid in Tennessee.
  • Sales of motor vehicles are the largest single source of Tennessee sales tax revenues (approx. 12% of the total).
  • Average sales per franchised dealer in Tennessee = $29.4 million.
  • Average annual payroll per franchised dealership = $2.46 million.
  • Tennessee dealers generate hundreds of millions of dollars of tax revenue for state and local governments through sales & use taxes, F&E taxes, and Tennessee Business Taxes.
  • Tennessee dealers also generate tremendous economic stimulus through their purchases of advertising, goods and services, etc.
  • Tennessee businesses pay approximately 40% of total sales tax collected.
  • Bottom line . . . Tennessee’s economy depends upon our ability to sell cars and trucks in the regional marketplace.

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Welcome to TAA!

The mission of the Tennessee Automotive Association (TAA) is to protect, promote and advance the welfare of our members: retail car and truck dealers, valued associate and finance members and all of our members’ customers.

Tennessee Automotive Association
2521 White Avenue
Nashville, TN 37204
615-269-3433