FI showroom red and grey logo
MenuMENU
SearchSEARCH

Automobile Industry Loses a Leader: NADA President Frank McCarthy Dies

by Staff
February 26, 2001
2 min to read


Frank E. McCarthy, 66, president of the National Automobile Dealers Association (NADA), died Feb. 25 at the Washington Hospital Center, Washington, D.C., from complications in his battle with kidney cancer.


McCarthy was scheduled for retirement at the end of this year.

Ad Loading...


"The automobile industry has lost a true leader," said NADA Chairman Robert J. Maguire.


McCarthy was chief executive of NADA since 1968, serving as a steadfast advocate of dealer interests before the government and automobile

manufacturers for more than three decades.


He was presented the International Freedom of Mobility Award in a special tribute at the 2001 NADA Convention in Las Vegas earlier this month. When presenting the award, past NADA Chairman Harold B. Wells said McCarthy was

"the man who has done more for America's franchised dealers than anyone in history."

Ad Loading...


McCarthy received the Distinguished Service Citation from the Automotive Hall of Fame in 1987 and in 1998 was named Association Executive of the Year by Association Trends newspaper.


Prior to joining NADA, McCarthy was legislative counsel to the Interstate Commerce Commission and the Rules Committee of the U.S. House of

Representatives.


McCarthy, born in Indianapolis, Ind., was a graduate of the University of Notre Dame. He received a law degree from the Georgetown University School of Law.


Bruce Kelleher, chief administrative officer

Ad Loading...

of NADA, will be acting president of the association until a successor is named in June, according to Paul Holloway, a former chairman of NADA and chairman of the search committee.


McCarthy is survived by his wife Patricia, children Kathleen Texido of Atherton, Calif., Mary Penny, Anne McCarthy, Frank J. McCarthy and Michael McCarthy, all from the Washington, D.C. area and 12 grandchildren. He also

leaves sisters Anne Ring of Mundelein, Ill., Mary Catherine English of Bethesda, Md. and Kathleen Heck of Newtown, Mass., and brothers James McCarthy of Rockville, Md., Kevin McCarthy of Indianapolis, Ind., Frances Elliott

McCarthy of Summit, N.J., and David McCarthy of Arlington, Va.


A wake will be held on Thursday, March 1, from 6 to 9 p.m., with a prayer service at 7:30 p.m., at St. Elizabeth Catholic Church, 917 Montrose Rd., Rockville, Md. (at the corner of Montrose and Tildenwood Lane). A funeral

Ad Loading...

mass will be held at 10 a.m. on Friday, March 2, also at St. Elizabeth Church.


In lieu of flowers, the family asks that memorial donations be made to the National Automobile Dealers Charitable Foundation, 8400 Westpark Drive, McLean, VA 22102, or to the St. Elizabeth Parish School Building Fund, 917

Montrose Rd., Rockville, MD 20852.

Topics:F&I

More F&I

Photo of a keyring with mltiple keys, including a car key fob, on a white surface
F&IJuly 15, 2026

Integrating Nontraditional F&I Products

The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.

Read More →
Photo of businessman's hands holding eyeglasses at a desk
F&Iby Rick McCormickJuly 7, 2026

Trust Is Personal

Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.

Read More →
Photo of executive in a sports coat and glasses
Industryby StaffJuly 2, 2026

Amplify 2026 Billed as Turning Innovation Into Results

Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.

Read More →
Ad Loading...
Woman standing on stage smiling.
F&Iby Lauren LawrenceJuly 1, 2026

Own Your Outcome: F&I in the Digital Customer Journey

Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Ad Loading...
Under the hood of a Toyota Prius EV Hybrid car.
F&Iby StaffJune 15, 2026

New Lifetime Battery F&I Product Meant to Drive Dealer Traffic

EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.

Read More →
Several illustrations of question marks on a surface
F&IJune 10, 2026

The Psychology Behind Menus That Increase Add-On Sales

There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.

Read More →
Man holding magnifying glass over sales volume paper.
F&IMay 29, 2026

Why Your F&I PVR Is Misleading You

Here’s a handy checklist of the numbers to track in 2026 instead.

Read More →
Ad Loading...
Photo of woman typing on a laptop as she sits on a couch
F&Iby Hannah MitchellMay 29, 2026

Auto Consumer Anxiety Presents Opportunity

A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.

Read More →