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.
Exporter Sues to Challenge Non-Export Requirements
Most franchisors impose requirements on dealers to prevent sales of new vehicles for export. U.S. franchisors contend these limitations are necessary because their rights to distribute vehicles are limited to
Protect the Dealership from Losses
Overwhelmed by compliance demands on your dealership? You are not alone. Driven primarily by the increased aggressiveness of federal regulators, oversight of dealers can be daunting. It is time for
U.S. DOJ Guidelines on Individual Accountability and What They Mean for Car Dealers
The U.S. Department of Justice generated significant publicity in September 2015 by announcing a change in policy in business investigations. In a memorandum to prosecutors throughout the DOJ covering virtually
CFPB’s Proposal to Ban Arbitration Waivers
The Consumer Financial Protection Bureau held a field hearing on October 7, 2015 in Denver, CO. The Bureau used the event to announce that the CFPB is empaneling a Small
Have a Man-Made Disaster Plan
Every dealer should have a disaster recovery plan. You never know when a natural catastrophe will require the dealership to recover from crippling occurrences like floods and hurricanes. Natural calamities
Are you EMV Compliant?
On October 1, 2015, changes in a retailer’s liability for fraudulent credit card use will go into effect. Credit card issuers will reserve the right to shift liability for fraudulent
NLRB Joint Employer Decision
On August 27, 2015, the federal National Labor Relations Board issued a 3-2 decision that the owner/operator of a California-based recycling facility is a “joint employer” for collective bargaining negotiations
Independent Contractor or Employee?
We have written often about the federal government’s push for businesses to consider their workers as employees rather than independent contractors. Recent developments show there is no hotter personnel button
Limiting F&I Income
You have probably read about the consent order between the federal government and American Honda Finance Corp. AHFC agreed to repay $24 million to minority buyers to settle a Department