Dec 04, 2017
In October 2016, legislation was passed that contained several state and local tax changes. At the time, New Jersey’s Gas Tax was increased by $.23/gallon and the State’s 7% sales tax was reduced to 6.875%. Effective January 1, 2018, the sales tax rate will be reduced again to...
Dec 04, 2017
J.D. Power/LMC Automotive, Kelley Blue Book, and Edmunds are all forecasting a seasonally adjusted, annualized selling rate (SAAR) between 17.1 and 17.8 million, representing a slight drop-off from SAARs in September and October of this year.Analysts disagree on how sales volume will compare with a year ago, with...
Dec 04, 2017
During its meeting on November 15, 2017, the NJ CAR Board of Trustees recognized Outgoing Chairman Rick DeSilva, Jr. Rick was presented with a plaque by Chairman Rob Larson (Larson Ford, Inc., Lakewood), and NJ CAR President Jim Appleton. Other Senior Officers of NJ CAR for the 2017-2018...
Nov 09, 2017
Latest News | 2 mins, 44 secs
Robert J. Larson Assumes NJ CAR Chairmanship
Robert J. Larson, Vice President and General Manager of Larson Ford, Inc. in Wall Township, assumed the NJ CAR Chairmanship, effective November 1, 2017. He succeeds Rick DeSilva, Jr. (Liberty Subaru) as Chairman.Rob has worked at the dealership, founded in 1956, since he was 14 years-old, joining the...
Nov 09, 2017
In October 2016, legislation was passed that contained several state and local tax changes. At the time, New Jersey’s Gas Tax was increased by $.23/gallon and the State’s 7% sales tax was reduced to 6.875%. Effective January 1, 2018, the sales tax rate will be reduced again to...
Nov 09, 2017
Latest News | 1 min, 20 secs
What Does The TK Holdings, Inc. Bankruptcy Mean For Airbag Recall Customers
NJ CAR has been contacted by several dealers regarding notices that have been mailed out by General Motors regarding the impact of TK Holdings, Inc. bankruptcy and what it means for the airbag recalls impacting millions of vehicle owners.NJ CAR recommends that dealers who receive questions from customers...