NJ CAR NEWS
NJ CAR Recognizes Outgoing Chairman Larry Kull (11/22/2016)
During its meeting on November 16, 2016, the NJ CAR Board of Trustees recognized Outgoing Chairman Larry Kull. Larry was presented with a plaque by Chairman Richard A. DeSilva, Jr. (Liberty Hyund ... more 
NJ CAR Staff Members Recognized For Years Of Service (11/22/2016)
At the recent meeting of the NJ CAR Board of Trustees, three long-term NJ CAR employees were recognized for reaching 20- and 25-year employment milestones with the Coalition. Dave Comly began ... more 
Auto Sales Expected To Stay Above 17 Million In 2017 (11/22/2016)
Analysts and economists say that U.S. auto sales will drop slightly next year, but expected to stay above 17 million vehicles sold. Bloomberg surveyed 10 analysts and the average predicted sales f ... more 
Upcoming NJ CAR Academy Training (11/22/2016)
November 28, 2016 Wage & Hour And Compensation Issues For Automotive Retailers WEBINAR This Webinar, presented by Patrick Cox, Esq., NJ CAR’s Director of Legal & Regulatory Affairs, will ... more 
Utilize ALL NJ CAR Tools To Stay Informed (11/21/2016)
One of NJ CAR’s primary missions is to provide dealers (and their employees) with information that could impact the franchised, automotive retail industry in New Jersey. The Coalition also strive ... more 
Follow NJ CAR On Social Media (11/21/2016)
For those who are active in social media, particularly Facebook, Twitter and LinkedIn, we encourage dealer members, employees, colleagues and other contacts to connect with NJ CAR in order to rece ... more 
   
  Automotive News
First Shift: Safest vehicles on U.S. roads
Safest vehicles on U.S. roads: Nine Toyota products awarded, headlights hold back some contenders; Trump's pick to head EPA; Used-car prices fall; Honda confirms China plant; Beepi merger.... more 
Incentives, excess new-car inventory, put a drag on used vehicle values
An increase in new-car incentives and 'channel stuffing' -- excess new-vehicle inventory on dealers' lots -- caused used-vehicle prices to tumble 1 percent in November, according to one closely watched used-vehicle price index released...... more 
Credit unions improve dealer ties, grab share
Credit unions on CU Direct's auto lending network as a group have become the second largest auto financing source, knocking Ally Financial to the No. 3 spot, CU Direct said last week.... more 
Rise in delinquencies tied to subprime, analysts say
Subprime auto loans are showing 'signs of distress' in terms of higher delinquencies, analysts for the New York Federal Reserve say.... more 
Ford Credit learns from closed shared-lease pilot
Ford Credit's shared-lease pilot program in Austin, Texas, has closed, CEO Joy Falotico told Automotive News.... more 
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