Ben Isenberg – Page 7

Save the Date: Gerry Connolly’s Celtic Celebration

If you are a dealer in Virginia’s 11th District (Fairfax County), you are cordially invited to join WANADA’s leadership at Congressman Gerry Connolly’s 21st Annual Celtic Celebration. The luncheon will be held on Friday, March 15 from 12:00 noon – 2:00 p.m. at The Tower Club in Tysons Corner, VA. Please email Kathy Teich (kt@wanada.org) […]

New Corporate Transparency Rules

Your business may soon have to meet new reporting requirements that take effect on January 1, 2024. Under the Corporate Transparency Act (CTA), enacted in 2021, certain companies will be required to provide information related to their “beneficial owners” — the individuals who ultimately own or control the company — to the Financial Crimes Enforcement Network (FinCEN). Failure to […]

FTC Vehicle Shopping Rule Postponed Due to Legal Challenge

On December 12, 2023, the Federal Trade Commission (FTC) announced it has finalized the dubiously named “Combating Auto Retail Scams” Rule (CARS Rule), which would impose numerous onerous obligations on dealership sales practices as well as having dramatic impacts on downstream finance companies that purchase retail installment contracts from dealers. The CARS Rule follows several […]

Damon Lester Nominated for TIME Dealer of the Year

WANADA is proud to select Damon Lester, owner of Nissan of Bowie, as its 2024 nominee for the TIME Dealer of the Year award. Damon Lester is one of a select group of 49 dealer nominees from across the country who will be honored at the 107th annual National Automobile Dealers Association (NADA) Show in […]

Maryland & Virginia General Assembly Updates

Maryland Updates from MADA Last week our friends at the Maryland Automobile Dealers Association (MADA) released the following report on the 2024 session of the Maryland General Assembly: The 2024 Session of the Maryland General Assembly kicked off on January 10th, 2024. The budget will be the biggest issue facing the General Assembly this Session […]

Going to NADA in Vegas? Last Chance to Register for the WANADA/MADA/VADA Reception!

This Friday, February 2, 2024, join us at the Bellagio Monet (3600 Las Vegas Blvd S) for our annual tri-association reception at The NADA Show. The event is “come and go” as you see fit, so please stop by for cocktails and hors d’oeuvres at your convenience. The reception will run from 6:00 – 9:00 […]

The 2024 DC Auto Show Kicks Off Year with a Bang

On Sunday, the 2024 Washington, DC Auto Show concluded an eminently successful event. “We’re very happy with this show’s performance,” said WANADA CEO John O’Donnell. “We had a record-breaking Public Policy Day, all of our conference partners set attendance records as well, and all of our exhibitors met or exceeded their engagement goals. It was […]

Capitol Hill Updates from NADA

Our friends at NADA recently published two important updates from Capitol Hill regarding regulatory & legislative priorities germane to the retail automobile business: NADA-Supported Letter On EPA’s EV Mandates Sent to Leadership: The letter was led by Rep. Lisa McClain (R-Mich.) and signed by 223 signers (35 Senators, 188 Members of the House) urging Republican […]

Dealer Group Pushes Back Against Agency Model

In recent weeks, dealers from around the country have been faced with different attempts to slowly transition our nation’s franchise system toward more of a so-called “agency” model that is favored by manufacturers in other regions of the world. In a significant victory for the existing system, a group of 26 Illinois Ford dealer won […]

Consumers Becoming Aware of High Cost of EV Collision Repairs

A recent article in the Wall Street Journal highlighted that electric vehicle (EV) customers are learning that their cars are far more expensive to repair than traditional ICE engines. Relevant portions of that article have been reprinted below. ### For EVs, repairs following a collision can cost thousands of dollars more than their gas-powered counterparts, […]