April 14, 2023 For customers with their eyes on an EV, here’s something that could make the purchase more appealing: They may qualify for a credit of up to $7,500 if they buy a new (qualified) plug-in EV or fuel cell electric vehicle. The tax credit, effective April 18, is part of the new Inflation
Dealertrack: A key player in service retention may surprise you…
Did you know electronic reg & title solutions can benefit your fixed operations? April 2023 The best pipeline for a dealership’s service department is its sales floor and back office. Creating a great sales experience so customers want to continue a service relationship after the sale, occurs at every step of the purchase process,
March 2023 Newsletter
Check out our March 2023 newsletter, including articles and links featuring: Reminders on Virginia’s warranty recall pay rules Virginia’s Geoff Pohanka ascending to NADA chair FTC compliance resources in advance of the June 9 deadline Partner webinars on retail reimbursement and credit card processing And more! Get the newsletter here.
Supreme Court Rules Against Employer in Case Involving “White Collar” Overtime Exemption
March 3, 2023 By NADA Regulatory Affairs The U.S. Supreme Court recently ruled that even employees earning more than $1,000 per day or $200,000 per year are not exempt from the federal overtime premium of one-half times their regular rate of pay if they aren’t paid a sufficient salary. The decision should serve as a
A Refresher Quiz 2023
Mar. 13, 2023 By Michael G. Charapp Charapp & Weiss LLP We get many calls seeking advice. Sometimes, the answer requires significant research. Other times, the answer is obvious. Occasionally, we get questions on issues we thought were long settled, suggesting that sometimes we should test whether the memories of our readers should be
Dealertrack: Protect profits with increased compliance during deal completion
How electronic reg & title solutions help your dealership avoid costly fines and penalties March 2023 Missed compliance steps can be costly to your dealership’s bottom line. In today’s market, protecting profits with the proper compliance steps is more important than ever. According to Cox Automotive’s recent auto weekly summary from Jonathan Smoke, the
All Cookies Are Not Created Equal
FTC Cracks Down on Targeted Advertising Without User Consent March 3, 2023 Chris Cleveland CEO, ComplyAuto The recent case against GoodRx by the Federal Trade Commission (FTC) for sharing a user’s sensitive health information with online advertisers without the user’s consent should be taken seriously by all businesses, including automotive dealerships. The lesson here? Dealerships
ACV Webinar Recap: Break Away from the Pack Webinar Series
March 2023 The following article was provided by VADA partner ACV Auctions. For more information, visit ACV’s website. Education is the foundation for growing and improving in today’s fluctuating market. To break away from the pack in the automotive industry, it’s essential that you network with as many other dealers as possible to learn
VA Warranty FAQs
March 1, 2023 You may have seen recent stories about legislative activity in other states on warranty reimbursement. These stories reported on the work of dealer associations around the country to ensure dealers are paid for warranty work the same as retail. If you have asked yourself what VADA is doing, we have an answer
A Delay in the Safeguards Rule, But Dealers Should Not Wait
By Hao Nguyen, Esq. Chief Legal Officer, ComplyAuto In this article, we discuss the Federal Trade Commission’s (“FTC”) delay of the effective date of the revised Safeguards Rule (“Rule”) and its practical impact to your dealerships. We will then explain why you should not wait to implement data protection and cybersecurity safeguards at your dealership