Dec 14, 2021
Latest News | 1 min, 11 secs
Federal Reserve & CFPB Announce Regulations Z and M Thresholds For 2022
The Federal Reserve Board and Consumer Financial Protection Bureau (CFPB) recently announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2022. These thresholds are set pursuant to the Dodd-Frank Wall Street Reform...
Dec 14, 2021
Latest News | 3 mins, 14 secs
DCA Could Issue Dealerships Violations For Providing Non-Compliant License Plate Frames
In August 2021, NJ CAR issued guidance following the New Jersey Supreme Court ruling in State v. Darius Carter, which held that, when a license plate frame conceals or obscures a marking on a license plate in a manner where it cannot reasonably be identified or discerned, that driver...
Dec 13, 2021
Latest News | 3 mins, 45 secs
Michael P. DiFeo Assumes NJ CAR Chairmanship
Michael P. DiFeo, Owner of Crown Cadillac and Hudson Auto Group, recently assumed the chairmanship of the New Jersey Coalition of Automotive Retailers (NJ CAR). He succeeds Judith Schumacher Tilton (Schumacher Chevrolet Auto Group). Mr. DiFeo is a third-generation dealer principal and continues...
Dec 07, 2021
Latest News | 3 mins, 6 secs
NJ CAR Addresses Flurry of Legislative Action Impacting Dealers As Session Winds Down
Many speculated that the Murphy Administration and the Democrat-controlled Legislature, chastened by the narrow election victory they enjoyed this past November, would not legislate with a heavy hand. People thought there would be moderation. However, it appears there will be no moderation in the few remaining weeks of the...
Dec 02, 2021
Latest News | 2 mins, 25 secs
NJ CAR Celebrates Highest Workers’ Comp Dividend Payout EVER To Participating Dealerships
With the help of the Zero Injury Protection Program (ZIP), dealers participating in the NJ CAR Workers' Compensation program recently received dividend returns totaling over $800,000! NJ CAR congratulates and thanks all participating members for their continued commitment to employee safety. The...
Dec 02, 2021
Latest News | 3 mins, 31 secs
Update On OSHA’s Vaccine Or Test Mandate
Dealers recall that on November 5, 2021, the Occupational Safety and Health Administration (OSHA) published a COVID-19 Emergency Temporary Standard (ETS) mandating that employers with 100 or more employees require that those employees either (1) be vaccinated against COVID or (2) produce negative COVID tests on a weekly basis....