Latest News Stories

The 2017 golf season is finally upon us and dealers are likely receiving calls, emails, and flyers from Hole-in-One insurance companies claiming they have the lowest premiums in the industry. NJ CAR has offered its own Hole-in-One Insurance Program for nearly 20 years, and the Program has earned...

Participants Receive Two Complimentary ReportsThe National Automobile Dealers Association (NADA) Dealership Workforce Study provides the industry’s only authoritative analysis of employee compensation, retention and turnover, employee benefits, work schedules, and demographics. Dealerships that complete a questionnaire and submit their payroll data will receive two complimentary reports:•A customized...

May 9, 2017Navigating The Regulatory Maze Compliance WorkshopPresented by NJ CAR ServicesFor GMs. GSMs, Controllers, Office Managers and F&I PersonnelNJ CAR has partnered with the National Automobile Dealers Association (NADA) to present a full-day workshop entitled, “Navigating The Regulatory Maze.” The...

Steve Szakaly, Chief Economist for the National Automobile Dealers Association (NADA), predicts the industry will sell 17.1 million light vehicles this year, down from 2016’s record breaking 17.5 million vehicles sold. WardsAuto is forecasting sales of 17.3 million vehicles. This follows six years of year-over-year increases. The cyclical...

J.D. Power’s 2017 U.S. Customers Service Index (CSI) Study found that the quality of automotive service continues to show significant improvement and is driving an increase in overall customer satisfaction. Service quality scores rose to 809 (on a 1,000-point scale) from 782 in 2015, when the study was...

The University of Michigan Transportation Research Institute recently completed a study that found vehicle-ownership rates per person AND per household have risen slightly (1.4 %) from 2013.The rate of ownership of cars and light trucks has steadily declined since its peak in 2006, but the study finds it...