Latest News Stories

The 2017 National Automobile Dealers Association (NADA) Convention and Expo will be held from Thursday, January 26 through Sunday, January 29, 2017 in New Orleans, Louisiana. As part of the organization’s 100 anniversary, NADA has recently launched the NADA100 mobile app for the iPhone (https://itunes.apple.com/us/app/apple-store/id375380948?mt=8) and Android...

Governor Chris Christie recently announced that the income tax reciprocity agreement he had planned to suspend with Pennsylvania will be salvaged after finding $200 million in savings from legislation he signed into law to help curb public employee healthcare costs.Reciprocal income tax withholding agreements between states allow an...

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:...