NJ CAR NEWS
Marcy Maguire Recognized For Her Service As New Jersey's NADA Director (02/17/2017)
NJ CAR Chairman Rick DeSilva, Jr. presented Marcy Maguire, owner of Windsor Nissan, with a plaque recognizing her 14 years of leadership representing New Jersey on the National Automobile Dealers ... more 
Help NJ CAR Tell Auto Retailers' Incredible Story (02/17/2017)
Please Complete NJ CAR’s Brief Economic Impact Survey By March 17, 2017 NJ CAR has produced an annual Economic Impact document every year since 2004, and distributed the informative brochure to all ... more 
Border Adjustment Tax Update (02/17/2017)
Although there is no “official” legislation to consider, the House Republican Ways and Means Committee is considering a new 20% tax on all goods or services imported into the United States. This ... more 
NADA Launches MyDealership.org Website Initiative (02/17/2017)
The National Automobile Dealers Association (NADA) officially launched its MyDealership.org initiative at its Annual Meeting in New Orleans a few weeks ago. The online tool will help dealerships ... more 
NJ CAR Academy Classes For March & April (02/17/2017)
Still Time To Register For AFIP Workshop & Exam ClassesScheduled For March 7th & 16th In Livingston, NJ NJ CAR’s AFIP Certification Program provides the tools and education necessary to kee ... more 
IRS Announces 2017 Standard Mileage Rates (02/17/2017)
New “standard mileage rates,” established by the Internal Revenue Service (IRS), went into effect on January 1, 2017. The standard mileage rates for the use of a car, van, pickup or panel trucks ... more 
2017 Auto Sales Start Out Well (02/17/2017)
Good economic news, hefty inventory and rising incentives combined to kick off 2017, U.S. light vehicle sales on solid footing. Wards Auto estimates that 1.14 million vehicles were sold in Januar ... more 
Utilize ALL NJ CAR Tools To Stay Informed (02/15/2017)
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 
Follow NJ CAR On Social Media (02/15/2017)
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
Auto finance OK overall, but subprime shows blemishes, N.Y. Fed says
Credit quality looks OK for auto finance overall, and outstanding auto loans and leases combined hit a record $1.... more 
KAR Auction's Q4 net income drops despite gain at ADESA
ADESA parent company KAR Auction Services reported a 5.8 percent decline in fourth quarter net income on higher service costs and selling and administrative expenses.... more 
EFG launching compliance tutorials
EFG aims to simplify FandI compliance for industry newcomers and veterans through a series of free podcasts and YouTube videos.... more 
Q4 FandI results improve at 5 of 6 publics
Group 1, AutoNation, Asbury, Sonic and Lithia posted improved FandI results in the fourth quarter, although the retailers gave mixed views this month on whether growth will continue.... more 
Keep the buying process flexible
In the evolution to the online car-buying process, it's important to remember there is no one-size-fits-all solution.... more 
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