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.
Update: FTC’s Ban on Non-competes
Although many dealers are subject to state laws that ban non-competes for certain employees, dealerships nationwide should continue to prepare as if the FTC’s Ban on Non-competes will go into effect on September 4.
CDK Resource Center
VADA has created a CDK incident Resource Center for dealers with the latest information and tools.
Technologies, Techs, Tariffs: The VADA ’24 Expert Panel
This month in South Carolina, we brought our convention attendees four of retail automotive’s leading minds — and now we bring them to the masses.
CDK Cyber Incident Serves as a Reminder to Dealers to Protect Data and Systems
This message was sent from NADA to all members on June 20, 2024 CDK Global has shut down all systems because it experienced a “cyber incident.” Tell me more: Beginning
Reminder: Franchise Items That You Can Control
While you cannot control some matters, like the standard terms of your dealer sales and service agreement, there are some issues to which you can give attention protect your rights with your franchisor.
Reminder: Corporate Compliance with the Corporate Transparency Act
Dealers may find that they are exempt from this law, but exemption status can change and so dealers should be ready to comply.
FTC Moves the Goalpost Again on Implementation of Forthcoming CARS Rule
When the Rule first was promulgated, the effective date was July 30, 2024. However, the FTC has since stayed that effective date after the National Auto Dealers Association and the Texas Auto Dealers Association filed a Petition for Review of the Review and a Motion to Stay the Rule.
Tynan talks manufacturers and franchise system
Bloomberg Intelligence’s Kevin Tynan continued his multi-year streak at VADA ’24, giving dealers insight on the things on manufacturers’ minds.