We very much like the direction you have provided and believe with a couple of minor tweaks, this may be the winner. Please know that we are trying to brand the "NWDD" as much as possible, since our webpage will be NWDD.net.
The comments from our committee are to see if we can place the "NWDD" to the left of the rest of the logo, meaning next to the "car" and company name, rather than on top of. Also, if the "N" and "W" were to not be interlaced and no red tip on the "N".