Posts by Nicholas

Below is a comprehensive list of links to a wide variety of COVID-19 resources.  You can also find the list on the NJ CAR website and it will be updated, as needed.  

The SBA loan application process opened today and, for those dealers looking to take advantage of the Payroll Protection Program (PPP), you may need a Franchise Identifier Code (FIC) to complete the application.

Last week, as part of the federal CARES Act, and in response to the coronavirus crisis, Congress made available a variety of emergency loans to small businesses. For dealers, the most anticipated of these initiatives is the Paycheck Protection Program. Treasury Secretary Steve Mnuchin has announced that Paycheck Protection Program applications...

We regret to inform you that, effective immediately, the Coalition must close the NJ CAR Motor Vehicle Operations. Our contracted Courier (ARC Transport) has notified NJ CAR that it is pulling all drivers off the road and suspending operations at the end of business tomorrow (April 2). Accordingly, there will be...

NADA Launches Dealership Lifeline Webinar Series NADA has announced the first three webinars in its Dealership Webinar Lifeline Series, an initiative to help local dealerships navigate business and regulations in the coronavirus environment. Each webinar in the series will provide important, timely information about coronavirus developments that impact dealership...

Earlier today, NJ CAR advised dealers that the Governor's Office was considering our request for online sales with “contactless delivery” in the service lane. We were told, over the weekend, that the Administration was considering our request, but that approval would not be forthcoming until later this week. However, at...