May 18, 2022
Latest News | 59 secs
NADA Launches New Website
On May 17th the National Automobile Dealers Association (NADA) launched a redeveloped and redesigned website at NADA.org. As part of the new platform, the Association created the NADAHeadlines.org page to serve as a comprehensive source for auto retail news and information. The page will...
May 05, 2022
Latest News | 2 mins, 42 secs
What Does New Jersey’s Plastic Bag Ban Mean For Dealerships?
As of May 4, 2022, all retail stores, grocery stores and food service businesses in New Jersey are prohibited from providing or selling customers single-use plastic carryout bags. Additionally, grocery stores larger than 2500 square feet cannot provide or sell single-use paper carryout bags. All establishments can sell or...
Apr 21, 2022
Latest News | 4 mins, 29 secs
What Does Recreational Cannabis Sales Mean For Auto Dealers?
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
Latest News | 3 mins, 38 secs
Russian Sanctions & Dealership OFAC Compliance
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
Latest News | 1 min, 2 secs
Please Honor Your 2nd Quarter CAR-PAC Solicitation
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
Latest News | 2 mins, 51 secs
Legislature Moving on Two Bills to Decrease Tax Burden on Small Businesses
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...