Your Source for Virginia Dealer News

Everything You Need to Know to Be a Successful and Competitive Automotive Dealer in Virginia.

To submit a story, email us at teamvada@vada.com. To read President & CEO Don Hall's important monthly messages, click here.

To get our news delivered to your inbox each month, click here.

Preapproval of Dealership Ownership

December 23, 2013

Some franchised dealers find it advantageous for a senior manager to have “skin in the game” – an ownership interest in the dealership that enhances the manager’s rewards and risks because of the dealership’s performance.  Some franchisors will even require this if the dealer wishes to designate a franchise successor, which should be done.  The

Read More »

Damage to New Vehicles Procedure

December 23, 2013

Virginia Code 46.2-1571 governs the procedure for damage to new vehicles as follows: D. On any new motor vehicle, any uncorrected damage or any corrected damage exceeding three percent of the manufacturer’s or distributor’s suggested retail price as defined in 15 U.S.C. §§ 1231-1233, as measured by retail repair costs, must be disclosed to the

Read More »

Credit Card Surcharges

December 23, 2013

In recent weeks, dealers have been excited by the news headlines that businesses can begin surcharging their customers for credit card purchases.  Credit card issuer rules have always been a thorn in the side for dealers in vehicle sales.  “Can we add a surcharge?”  “Can we limit the amount charged?”  No federal law has prevented

Read More »

Trust but Verify

December 23, 2013

When asked for the one piece of advice to give to a dealer on franchise relations, President Ronald Reagan’s often repeated phrase that characterized his relations with the Soviet Union is a good choice – “Trust but verify.” A cordial, professional rapport is important to the franchisor/franchisee relationship.   But, a franchisor will always operate in

Read More »

Three Little-Known Factoids that TEAM VADA Members Need to Know…

December 23, 2013

What you don’t know can hurt you! In the car business ignorance is not bliss!  Not knowing and benefitting from the challenges and troubles of your brother and sister auto dealers can only lead to you repeating their foibles and paying the price.  As frequent DealersEdge® Webinar contributor Steve Nickelsen says often, “You don’t know

Read More »

OSHA’s Top 10 Violations List for 2011

December 23, 2013

Attention Dealers!!   OSHA recently announced its top 10 most frequently cited violations in America’s workplaces.  Every year, OSHA compiles injury information from businesses across the country to identify injury trends, the costs associated with these injuries, and what American businesses can do to promote safer workplaces.  The top 5 violations are highlighted in more detail

Read More »

12 for ’12

December 23, 2013

2011 was a better year for car dealers, and dealers hope that business will improve in 2012.  Despite continuing weakness in the general economy, customers are making their way to dealers’ showrooms.  There are a number of reasons for that, and barring some major disruption the improvements should continue throughout 2012, leading to enhanced dealer

Read More »

Health Care Reform Update 2013

December 23, 2013

Required Notices to Employees and Dependents  Please contact your carrier or employment law attorney or trusted benefit advisor if you have questions about these notices. VADA Insurance is here to guide our clients and association members; however, we do not provide legal counsel. Summary of Benefits and Coverage (SBC). Starting with plan years and open

Read More »

Regulatory Updates

December 23, 2013

VADA Navigates the Virginia Regulatory Maze for Virginia Dealers VADA is involved in many types of issues outside the legislative process that could have negative impacts on our dealer members. Here are several matters that we have been working on in the past few months. Factory Ownership and Tesla Motors: Tesla Motors is a manufacturer

Read More »