NJ CAR

Latest News Stories

Apr 21, 2022
Recreational cannabis sales can be made in New Jersey starting today.  Auto dealers have been anticipating guidance from the state after the passage of the New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (NJCREAMMA).  This law will affect the operations of dealerships as they aim to strike...
Apr 18, 2022
Dealerships should be vigilant in their day-to-day compliance with the Department of Treasury’s Office of Foreign Assets Control (OFAC). The United States has imposed economic sanctions on Russia in response to its invasion of Ukraine. The sanctions affects both Russian persons and entities. The OFAC restrictions prohibit all U.S. persons from engaging...
Apr 12, 2022
NJ CAR is calling upon dealers to step up and support the Coalition’s Political Action Committee, CAR-PAC, so it can support the candidates that continue to support our industry. If you haven’t already honored your 2nd Quarter CAR-PAC solicitation, the Coalition hopes you will do so as soon as possible....
Apr 11, 2022
It appears that the New Jersey Legislature is interested in offsetting tax hikes due to COVID-19 impact on many small businesses. Recognizing that small businesses suffered great economic hardship during the pandemic, seven (y) Democrat New Jersey legislators introduced a bill (A3683/ S2378) to give corporate business tax credits and...
Apr 04, 2022
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...
Apr 01, 2022
Recognized For Community Service & Industry Accomplishments Rob Sickel, a third-generation Dealer Principal and owner of four Pine Belt stores in Lakewood, NJ, was named one of only four national finalists for the 2022 TIME Dealer of the Year award, one of the industry’s most prestigious honors, recognizing...
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