Want Charging Stations at Your Dealership? Start Planning NOW
Want Charging Stations at Your Dealership? Start Planning NOW If you have had thoughts about installing a commercial EV charging stations at your dealership, WANADA is recommending beginning the process sooner rather than later. After recent conversations with several utilities and dealers who have done so, suffice to say that the process can be lengthy, […]
Read MoreCapitol Hill & Regulatory Updates from NADA
Capitol Hill & Regulatory Updates from NADA In the last month, the National Automobile Dealers Association (NADA) has put out several updates via email on a variety of legislative and regulatory matters that affect the automobile business. They have been assembled, categorized and reprinted below for ease of reference. ### LIFO Relief The “Supply Chain […]
Read MoreUsing Standardized Vehicle Protection Products Policy Encouraged
Due to increased attention on state and federal regulators on how dealers derive pricing for financing and particularly voluntary protection products, it is imperative that all dealers utilize a standardized policy for each of those transactions. To wit, please review the article below, which has been reprinted in full from Automotive News, which demonstrates the […]
Read MoreComplete NADA Data Survey by March 1
Are you a dealer principal, owner or general manager? NADA needs your help. Your participation helps to support NADA Data, an annual report examining 2022 dealership sales, financial trends and more. Your feedback will be used anonymously. The deadline to complete the survey is Wednesday, March 1. Take the survey now! We appreciate your input […]
Read MoreWANADA Launches New Service Manager Training Program
In a new initiative to expand the training options available through the Automobile Dealer Education Institute (ADEI), WANADA recently delivered its first Assistant Service Managers (ASM) class with a focus group of students. The attendees, who represented a number of dealership groups from around the region, were taught a number of new tools to help […]
Read MoreGeoff Pohanka Formally Takes Reins at NADA
From NADA: During his first address to America’s franchised auto dealers, 2023 NADA Chairman Geoffrey Pohanka stressed that new-car “dealers and their OEMs essentially want the same things: to give customers a great buying experience and to sell a lot of cars and trucks.” Pohanka, a third-generation dealer who serves as chairman of the Pohanka […]
Read MoreJohn Altman Nominated for TIME Dealer of the Year
WANADA was proud to select John Altman of the Beyer Auto Group as its 2023 nominee for the TIME Dealer of the Year award. Altman is one of a select group of 48 dealer nominees from across the country who were honored at the 106th annual National Automobile Dealers Association (NADA) Show in Dallas, Texas, […]
Read MoreThe 2023 Washington, DC Auto Show Exceeds All Expectations
On Sunday, the 2023 Washington, DC Auto Show concluded after a landmark year and full return to pre-pandemic levels of attendance and consumer engagement. “This show exceeded every expectation,” said WANADA CEO John O’Donnell. “We knew we would be better than 2022, which had a lot of COVID-related headwinds, but we didn’t expect to get […]
Read MoreFrom NADA: EV Tax Credit Guide
New links to IRS information on the Inflation Reduction Act’s clean vehicle and refueling infrastructure tax credits, together with updated sample federal EV credit seller report forms (in both PDF and Word versions), have been posted to the NADA Regulatory Affairs Alternative Fuel Vehicle and Refueling Incentive webpage. The webpage also links to valuable information […]
Read MoreMaryland Minimum Wage Increase
On January 1, minimum wage climbed from $12.50 an hour to $13.25 an hour for companies with 15 or more employees in the state of Maryland. It’s set to continue to rise every year until it reaches $15 an hour by 2025. Maryland is one of 23 states to increase its minimum wage in 2023. […]
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