In the ever-evolving world of automotive retail, few accolades carry the prestige and honor of the TIME Dealer of the Year award. This year, the spotlight shines brightly on Raymond L. Farabaugh, the esteemed president of D-Patrick Inc. in Evansville, Indiana. Recognized for his outstanding achievements in the auto industry and his unwavering commitment to community service, Farabaugh exemplifies the qualities that make this award so special.
A Legacy of Leadership and Community Service
Raymond Farabaugh’s journey with D-Patrick Inc. began in 1989, and since then, he has been a driving force behind the company’s success. Under his leadership, D-Patrick has not only excelled in business performance but has also made significant contributions to the local community. Over the years, the organization has donated over $4 million to various local charities, reflecting Farabaugh’s deep-rooted belief in giving back.
Farabaugh’s dedication to his employees is equally commendable. With a workforce of about 500 employees, D-Patrick boasts an impressive retention rate, with 40% of its team members having more than ten years of service. This achievement is a testament to Farabaugh’s commitment to treating his employees well, showing genuine care for their well-being, and fostering a positive work-life balance.
A Vision for the Future
Looking ahead, Farabaugh envisions continued growth for D-Patrick within Indiana. He believes that managing multiple locations locally allows for more efficient oversight and better customer service. Despite the challenges posed by rising vehicle prices and economic uncertainties, Farabaugh remains optimistic about the future. He is confident that 2025 will be an extraordinary year for the automotive industry, driven by the resilience and dedication of car dealers like himself.
The Impact of the TIME Dealer of the Year Award
The TIME Dealer of the Year award, presented in partnership with Ally Financial and the National Automobile Dealers Association (NADA), celebrates franchised new-car dealers for exceptional business performance and outstanding community service. Farabaugh was selected from a field of more than 16,000 franchised dealers across the country, making his achievement all the more remarkable.
Jessica Sibley, CEO of TIME, and Doug Timmerman, Ally’s President of Dealer Financial Services, praised Farabaugh for his exemplary contributions to the industry and his community. “Raymond and all of the TIME Dealer of the Year nominees stand out for doing it right in their industry and investing in their communities and dealership teams,” Timmerman said.
Raymond L. Farabaugh’s recognition as the 2025 TIME Dealer of the Year is a testament to his exceptional leadership, dedication to community service, and unwavering commitment to his employees. As the automotive industry continues to navigate new challenges and opportunities, leaders like Farabaugh inspire us all to strive for excellence and make a positive impact in our communities.
