Latest News Stories

The analysts surveyed by Bloomberg estimate that sales of new cars and light trucks will hit 17.5 million in 2015, breaking the record of 17.4 million set in 2000. Low gas prices, available credit, rising discounts and a strengthening job market spurred far more transactions than had been...

On December 28, 2015, the IRS announced an extension of the due dates for 2015 Patient Protection and Affordable Care Act (ACA) information reporting by employers, insurers, and other reporting entities. The extension applies to Forms 1094-C and 1095-C for individuals.The IRS also announced an automatic 60-day extension...

NJ CAR is committed to helping dealers develop a workplace safety culture that becomes second nature. Don’t wait until an accident happens to focus on safety. Reduce the chance of injury and protect your bottom line with simple, common-sense changes.Despite the mild weather through much of December, the...

Participation in the 2016 NADA Dealership Workforce Study is now open to NADA and ATD dealer members at www.nadaworkforcestudy.com. The Study is the industry’s most comprehensive analysis of the dealership workforce, collecting data on compensation, employee benefits, retention, turnover, work schedules, hours of operation and much more....

The Federal Reserve increased interest rates by .25% last week, the first increase since June 2006. The recovery from the 2008-2009 recession has been gradually improving and the Federal Reserve has been nurturing that growth by holding interest rates near zero. Industry observers say that automotive sales (and...

The National Highway Traffic Safety Administration (NHTSA) recently proposed major changes to the government’s five-star vehicle safety ratings. The agency is looking to add scores for crash avoidance technology, as well as, pedestrian protection and to incorporate a new test that measures performance in a frontal offset crash.The...