Latest News Stories

NJ CAR President Laura Perrotta testified in front of the Assembly Budget Committee earlier today. She focused her comments on Governor Murphy's proposal to eliminate the trade credit on new car sales and how it will impact New Jersey consumers by making vehicles more unaffordable for many buyers. Background on...

Health benefits are among the biggest expenses for new car dealers. NJ CAR has worked with its partners (Corporate Synergies Group, HUB International, and WithumSmith+Brown) to conduct an annual health benefits survey to provide dealers with useful data to gauge how their benefits measure up against the rest of...

NJ CAR President Laura Perrotta, Ira Stern (International Association of Machinists), Connor Shaw (United Service Workers Union), Lou Young (Withum Smith+Brown), Richard Sox (Bass Sox Mercer), several master technicians, and others testified in front of the Assembly Consumer Affairs Committee in support of the Motor Vehicle Open Recall and Fair Compensation...

Yesterday, in a 2-1 vote, the U.S. Circuit Court of Appeals for the Fifth Circuit granted a petition filed by NADA and the Texas Automobile Dealers Association (TADA) to vacate the FTC Vehicle Shopping Rule (“CARS” Rule) for violating the FTC’s own procedural requirements for issuing trade...

NJ CAR wants to remind all dealers to contact any purchaser for whom you were required to file a Form 8300 (Cash Reporting) in 2017. Each purchaser should receive notice, by January 31, 2025, that your dealership has filed Form 8300 with the Internal Revenue Service (IRS). The statement must show...

The U.S. Department of Energy (DOE) and the Environmental Protection Agency (EPA) recently released the 2025 Fuel Economy Guide. The Guide provides detailed fuel economy estimates for model year 2025 light-duty vehicles, along with estimated annual fuel costs, and other information for prospective purchasers. Dealers must display a copy of the Guide...