Latest News Stories

After seven consecutive years of sales growth, a newly released report from AlixPartners, a New York City-based consulting firm, forecasts U.S. light vehicle sales of 17.5 million in 2017—down slightly from this year’s 17.8 million forecast. The report also looks ahead and expects U.S. sales to bottom out...

State Senate President Stephen Sweeney will soon present Governor Chris Christie with multiple proposals to fund the Transportation Trust Fund (TTF) and break a stalemate that has suspended road and rail projects across the State. A bipartisan group of legislators worked for months to create a proposal to...

A new economic analysis from the Phoenix Center for Advanced Legal and Economic Public Policy Studies, has found that retail prices for new cars are lower for consumers because of state franchise laws. The report, entitled “State Automobile Franchise Laws: Public or Private Interests,” found that state franchise...

On June 20, the U.S. Supreme Court issued a decision that finally puts to rest questions about the overtime status of “service advisors” employed by retail automotive dealerships. The decision reverses a lower court ruling that service advisors are entitled to overtime pay, and rejects a 2011 Department...

The Senate Budget and Appropriations Committee approved a bill (S15) that would gradually raise the State’s minimum wage from $8.38 to $15 per hour by 2021. The full Assembly passed an identical bill in May.Opponents of the increase say that small businesses would see their payrolls sky-rocket and...

Phase Out Of Estate Tax Caught In The CrossfireEveryone agrees that New Jersey’s roads, bridges, mass transit and overall infrastructure is in disrepair and in desperate need of improvement. A bipartisan group of legislators worked for months to create a proposal that would have funded the nearly...