NJ CAR

Latest News Stories

Dec 27, 2023
The New Jersey Department of Environmental Protection (NJDEP) requires any business that is assigned North American Industry Classification System (NAICS) covered codes listed in the New Jersey Worker and Community Right-To-Know (CRTK) regulations, to submit an annual CRTK survey listing the environmentally hazardous materials present at their facilities by...
Dec 27, 2023
Governor Phil Murphy signed legislation several years ago that gradually raises New Jersey’s minimum wage to $15/hour for most workers by 2024. The bill raised the Statewide minimum wage to $11/hour on January 1, 2020 and it has continued to rise every January 1 for the past three years
Dec 27, 2023
The U.S. Department of Energy and the Environmental Protection Agency (EPA) has just released the 2024 Fuel Economy Guide, which provides detailed fuel economy estimates for model-year 2024 light-duty vehicles, along with estimated annual fuel costs and other information for prospective purchasers. By law,...
Dec 26, 2023
The IRS has issued a new User Guide with step-by-step instructions explaining how dealers who are registered to use the Energy Credits Online (ECO) portal may create time of sale reports for clean vehicle sales. The IRS also issued updated 
Dec 21, 2023
Following significant advocacy by NADA, on December 20th, the U.S. Department of the Treasury renewed the “safe harbor” for Section 45W clean vehicle tax credits for commercial vehicle sales in 2024. What does this mean:...
Dec 14, 2023
In June of 2022, the FTC proposed a massive new rule that would dramatically impact the automotive sales process by requiring new disclosures and paperwork to combat activity that is already illegal. This week the FTC issued the Final Rule dubbed the Combating Auto Retail Scams (CARS) Rule, the Final...
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