May 2022 By Michael G. Charapp Charapp & Weiss LLP Heightened regulatory scrutiny has many dealers legitimately concerned about enforcement actions against them for advertising violations. Advertising motor vehicles is more regulated than advertising for any other consumer product. There are many advertising requirements to which a dealer must give attention. Federal and state enforcement
Used Vehicle Warranties
May 2022 By Michael G. Charapp Charapp & Weiss LLP Dealer personnel continue to believe that when a dealership sells a used vehicle with a dealer warranty, the FTC buyer’s guide may serve as the warranty document that the customer must receive. In fact, a customer who buys a used car with the dealer
New Cox Study: Higher Satisfaction When Using Digital Financing Tools
Our partners at Cox Automotive have been studying the car buyer financing journey to explore the steps of the process and measures consumers’ satisfaction with the overall vehicle financing process. Here’s the study. Here’s the press release. And here are the study’s five takeaways. Car buyers spend significant time on vehicle financing. Nearly all (87%)
Capitol Briefs: Election 2021
November 3, 2021 Youngkin scores upset in close governor’s race, GOP secures wins across Virginia As you are aware, Republican Glenn Youngkin (50.67%) pulled off an upset to become the next Governor of Virginia, defeating Democrat Terry McAuliffe (48.64%) in the 2021 Virginia gubernatorial race. McAuliffe conceded defeat to Youngkin on Wednesday morning. Youngkin was
Lindsay Honored as TIME Dealer of the Year for Virginia
November 8, 2021 TIME AND ALLY FINANCIAL HONOR WOODBRIDGE DEALER Christopher Lindsay Wins National Recognition for Community Service and Industry Accomplishments The nomination of Christopher Lindsay, dealer at Lindsay Chevrolet in Woodbridge, Virginia, for the 2022 TIME Dealer of the Year award was announced today by TIME (see past Virginia winners). Lindsay is one of a
Virginia dealership team member wins NADA national video contest
March 14, 2022 NADA honors Carter Myers Automotive service manager The National Automobile Dealers Association has named Carmen Hinton as the winner of the 5th annual Women Driving Auto Retail Video Contest, sponsored by Stellantis. The service manager at Carter Myers Automotive’s Valley Subaru in Staunton, Va. was announced as the contest winner during this
VOSH Standard Training
October 25, 2021 Training for Higher-Risk Employers Plus: See below for mask signage, as masks are still required for employees and optional for vaccinated customers The VOSH Standard for Infectious Disease Prevention requires employees in “higher-risk workplaces” to be trained on the standard by November 7, 2021. Higher-Risk Employers means a workplace: Where employees who
Workplace Restrictions Being Lifted in Virginia
February 17, 2022 COVID-19 Workplace Restrictions No Longer Enforced As a result of Governor Glenn Youngkin’s Executive Order No. 6, the Virginia Department of Labor and Industry’s ”Full Permanent Standard” for certain workplaces, including most dealerships, is in the process of being revoked. While there are a few technical steps before the revocation is officially
Industry update from Cox
October 18, 2021 Here are the latest economic indicators for the retail auto industry from our partners at Cox Automotive: Industry Update One-Sheet-September 2021 The unemployment rate declined to 4.8% in September from 5.2% in August Consumer confidence declined 5.1% in September and left confidence down 17.6% compared to February 2020. Second quarter real GDP showed
Dealer-Specific Overtime Wage Act Exemption Added to Budget Bill
Fair Labor Standards Act exemption for dealership employees included in Virginia budget amendment August 5, 2021 Relief from new state overtime regulations is on the way for automobile dealers thanks to a strong advocacy push by your team at the Virginia Automobile Dealers Association. State legislators gathering this week passed a measure late last night