Latest News Stories

Please Complete NJ CAR’s Brief Economic Impact Survey By March 17, 2017NJ CAR has produced an annual Economic Impact document every year since 2004, and distributed the informative brochure to all State Legislators and New Jersey media contacts. NJ CAR is producing a new report for 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 Border Adjustment Tax (BAT) would apply to all imported automobiles and auto parts, even from countries...

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 (at the local level) showcase the many benefits they bring to their customers, employees and the communities in which they...

Still Time To Register For AFIP Workshop & Exam ClassesScheduled For March 7th & 16th In Livingston, NJNJ CAR’s AFIP Certification Program provides the tools and education necessary to keep your dealership compliant with the rapidly-changing State and federal regulations that...

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 is now:•53.5 cents per mile for business miles driven, down from 54 cents in 2016.•17...

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 January with a SAAR of 17.5 million, both down slightly from 2016’s 1.16 million vehicles and 17.8 million...