NJ CAR NEWS
Governor-Elect Murphy Announces Picks To Head Up DOBI And NJDEP (12/27/2017)
Governor-elect Phil Murphy announced that Assemblywoman Marlene Caride (D-36), elected to her fourth term in the Assembly last month, will head the New Jersey Department of Banking and Insurance ( ... more 
Federal Reserve Raises Interest Rates For Third Time In 2017 (12/27/2017)
Impact On Auto Loans Is Minor But Credit Scores Critical To Getting The Best Rate The Federal Reserve recently announced it was raising its key interest rate by 25-basis-points for the third time ... more 
New Jersey Sales Tax Rate Decreases To 6.625% On January 1, 2018 (12/27/2017)
In October 2016, legislation was passed that contained several State tax changes. At the time, New Jersey’s Gas Tax was increased by $.23/gallon and the State’s 7% Sales Tax was reduced to 6.875% ... more 
Upcoming NJ CAR Academy Classes (12/27/2017)
January 24, 2018 In Monroe Township, NJEmployment Outlook 2018: Harassment & Marijuana In The Workplace- What Every Dealer Needs To Know NJ CAR will be hosting a FREE half-day seminar on Janu ... more 
New Jersey And Federal Holidays In 2018 (12/27/2017)
For your information and use in business and personal planning and scheduling, listed below are the legal holidays for 2018 as set by New Jersey and federal statutes: #* Monday, Ja ... more 
National New Car Sales Up 14% In December But 2018 Sales Predicted To Be Flat (12/27/2017)
New vehicle sales are expected to end the year on a strong note, with December 2017 sales expected to show a 14% increase from November 2017, according to Edmunds.com, which forecasts that nearly ... more 
Utilize ALL NJ CAR Tools To Stay Informed (12/24/2017)
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 
SAVE THE DATES- 2018 NJ CAR Academy Winter/ Spring Training Schedule (12/15/2017)
2018 NJ CAR Academy Winter/ Spring Training Schedule ... more 
   
  Automotive News
China's GAC sets U.S. launch for 2019, will recruit dealers at NADA convention
After years of teases and promises, China's Guangzhou Automotive Group announced firm plans to enter the United States market. It plans to recruit dealers at the upcoming NADA convention.... more 
BMW, Mercedes-Benz to test subscription services in U.S.
Rivals Mercedes-Benz and BMW plan to launch vehicle subscription pilots in the U.S.... more 
NADA President Peter Welch says uncertainty about tax bill clouds forecast for new car sales
NADA President Peter Welch says the law resolved many concerns dealers had during legislative negotiations, specifically about the deductibility of floorplanning interest, but he says the law's complexity still leaves key questions about the...... more 
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Automotive News is searching for the best dealerships to work for in the U.S.... more 
Demand cools for once-hot cars at auctions
It's easy to see why wholesale prices for used midsize sedans are declining: aggressively priced, subvented leases adopted two and three years ago to clear out the cars as consumer preferences shifted to crossovers and SUVs have begun to ripple...... more 
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