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Included in the legislation (P.L. 2016, Chapter 57) that increased New Jersey’s Gas Tax by $.23/gallon was a slight decrease in the State’s Sales Tax. Effective January 1, 2017 the New Jersey Sales Tax will be reduced from the current 7.0% to 6.875%. Dealerships will want to make...

December 14-15, 20162-Day F&I Manager Boot CampThis 2-Day Boot Camp is structured for both seasoned F&I professionals and new hires. The Boot Camp will address integrity and profitability of F&I, as well as how compliance impacts F&I Sales. It will...

After three months of small declines, U.S. light vehicle sales in November rose 3.6% compared to November 2015. Industrywide sales hit a record for the month—1.378 million —the highest for November in 15 years.Continued demand for light trucks, low gasoline prices, steady economic and job growth and two...

During its meeting on November 16, 2016, the NJ CAR Board of Trustees recognized Outgoing Chairman Larry Kull. Larry was presented with a plaque by Chairman Richard A. DeSilva, Jr. (Liberty Hyundai, Mahwah) and NJ CAR President Jim Appleton. Other Senior Officers for the 2016-2017 association year include:...

At the recent meeting of the NJ CAR Board of Trustees, three long-term NJ CAR employees were recognized for reaching 20- and 25-year employment milestones with the Coalition.Dave Comly began his career with NJ CAR on January 14, 1991 as a Junior Programmer working on the IBM mainframe....

Analysts and economists say that U.S. auto sales will drop slightly next year, but expected to stay above 17 million vehicles sold. Bloomberg surveyed 10 analysts and the average predicted sales for 2017 was 17.2 million light vehicles, down just 1-2% from 2016’s expected final sales.As retail demand...