Latest News Stories

A number of dealers were elected to serve on the NJ CAR Board of Trustees with terms of office beginning November 1, 2020. Attached to this NewsLetter is a list of the entire NJ CAR Board of Trustees with newly-elected members in bold type. There is one (1)...

The Federal Reserve Board  and Consumer Financial Protection Bureau (CFPB) today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2021. These thresholds are set pursuant to the Dodd-Frank Wall Street Reform...

California Gov. Gavin Newsom, earlier this week, implemented new COVID-19 restrictions that impact dealerships, in an effort to limit the spread of the virus. As coronavirus cases continue to rise across the country, dealerships...

NADA is looking for women to submit videos to its Fourth Annual Women Driving Auto Retail video contest, which celebrates women who work in all areas of auto retailing. In three minutes or less, NADA wants women to share who they are, what they do at the dealership, why they...

Yesterday, Governor Phil Murphy signed Executive Order No. 195, which permits municipalities and counties to impose additional restrictions on the hours of operation of non-essential retail businesses, food and beverage establishments, and recreation and entertainment businesses after 8:00 p.m. Since new and used car dealerships...

Judith Schumacher-Tilton, President of Schumacher Chevrolet Auto Group, assumed the chairwomanship of the New Jersey Coalition of Automotive Retailers (NJ CAR), effective November 1, 2020. She succeeds Robert Sickel (Pine Belt Enterprises, Inc.) as the first Chairwoman in NJ CAR’s 102-year history. Ms....