Note: For our interview with Democratic candidate Jay Jones, click here. ‘Virginia needs a check and balance’ To get a message across bears repeating it, and during our interview with Republican attorney general candidate Jason Miyares, he hit on three points multiple times: Virginia’s one-party rule needs a check and balance. He’s tough on violent
Bloomberg Law: Va. among states adopting California emissions standards
Bloomberg Law in a recent article highlights how Virginia is one of several states that have pushed ahead with adopting California’s more stringent emission and electric vehicle standards. Minnesota, New Mexico and Nevada are also among the states that have sought tougher greenhouse gas emissions standards at a time when there’s yet to be a
What’s the tax impact from Payroll Protection Program loans?
By Dixon Hughes Goodman LLP State Conformity – Federal Paycheck Protection Program (“PPP”) Loan Forgiveness and Expenses Deduction The Consolidated Appropriations Act of 2021 (“CAA”) was signed into law on December 27, 2020. Included in the CAA were provisions that provided for the full deductibility of all covered period expenses and for no tax attribute
Cox Automotive April Forecast: Hot New-Vehicle Sales Pace Expected to Continue
– April sales pace forecast to reach 16.5 million, down from last month’s robust 17.7 million pace but up dramatically from April 2020’s COVID-19 inflicted, historic low of 8.7 million. – April sales volume expected to rise nearly 90% from last year and finish near 1.36 million units. – U.S. auto sales forecast to improve
Cox Automotive: Tight inventory slows auto sales
As Memorial Day Approaches, Tight Vehicle Inventory Slows Auto Sales – Cox Automotive forecast: U.S. auto sales in May to finish near 1.54 million units, well ahead of 2020 sales volume, down 3% from 2019. – Sales pace forecast to fall to 16.5 million, down from last month’s robust 18.5 million pace. – Inventory issues:
Reuters: When do electric vehicles become cleaner than gas cars?
A new analysis wades into a much-debated topic How many miles do you have to drive an electric vehicle before its carbon footprint is smaller than a gas-burning car? Reuters has come up with some answers by examining data from the Argonne National Laboratory outside Chicago. The news service analysis notes that EVs start off
Sales of Electrified Vehicles Jump Up 81% in the First Quarter of 2021
– Electrified vehicle volume in the U.S. – combined sales EV, hybrid, and plug-in hybrids – surpasses 300,000 in Q1. – Cox Automotive estimates electrified vehicle sales accounted for 7.8% of total market in first quarter, up from 4.8% in Q1 2020. – Strong Toyota hybrid sales, new EVs entries, driving growth of electrified vehicle
The Big Lie about EV sales
Mike Stanton, NADA President and CEO As someone who has dedicated his career to advocating on behalf of America’s franchised auto dealers, I’ve embraced the reality that one of my chief roles is to serve as Myth Buster In Chief. For years, one of the great myths that has persisted about the auto industry has
Customers rarely need to sign reassignment forms at the time of sale
Many dealers want to do their transactions electronically. DMV has been very supportive of those efforts, allowing dealers to have all documents signed electronically, except the title and reassignment. Many dealers have customers sign a reassignment form on every transaction, making it the only form that cannot be signed electronically. But a reassignment form is
Member Profile: Landon Dalton, Terry Auto Group
Landon Dalton began working in the dealership world as a teenager and plans to have a long future in the business Landon got started early in the auto business as a teenager, doing detailing work on vehicles at Terry Volkswagen Subaru in Lynchburg. Landon is still part of the team at Terry Auto Group,