ironcore – Page 133

Vehicle safety recalls: Virginia law

Vehicle safety recalls: Virginia law The Virginia recall law — effective July 1, 2016 — clarifies that recall repairs are compensated the same way as warranty repairs, said Charapp. Dealers cannot be denied payment if they encourage their customers to remedy vehicle problems. Mirroring federal law, the Virginia law provides that if a automaker asks […]

Vehicle safety recalls: Maryland law

Vehicle safety recalls: Maryland law Panelist Mike Johansen discussed the Maryland recall law — effective October 1, 2016. Originally, the legislation required disclosure to consumers for any open recall. That requirement was eliminated, and disclosure remains voluntary; but is required as a matter of prudene and sound business practice, Johansen said. In other words, dealers […]

DOL White Collar Overtime Exemption Rule

DOL White Collar Overtime Exemption Rule WANADAês Dealer Law Briefing also covered overtime pay changes, which are formidable for employers. On May 18, 2016, the U.S. Department of Labor issued a rule dramatically increasing the salary level that must be met for white collar dealership employees to be exempt from overtime pay. The new rule […]

CFPB: Attack on dealers as credit arrangers and F&I product providers

CFPB: Attack on dealers as credit arrangers and F&I product providers WANADAês Dealer Law Panel turned its attention finally to regulatory attacks against dealers by the Consumer Financial Protection Bureau. Dealers continue to deal with the fallout from the CFPBês 2013 auto lending advisory to financial institutions, including captives and banks. The CFPB has no […]

CFPB: Attack on predispute arbitration agreements

CFPB: Attack on predispute arbitration agreements Another assault by the Consumer Protection Bureau on dealers is in the realm of predispute arbitration agreements. The Legal Briefing Panel said the Dodd-Frank Act empowers the CFPB to regulate arbitration, and the agency has decided to go after arbitration agreements that waive the consumerês right to join a […]

ADEI holds Auto Tech Career Day at Montgomery College

ADEI holds Auto Tech Career Day at Montgomery College The same day as the Dealer Law Briefing last week, WANADA staged a full-fledged Career Day for its Auto Dealer Education Instituteês (ADEI) Technician Training Program. And it was a big success. The event at Montgomery College was open to area high school students and anyone […]

Optional holiday hours signs for WANADA dealers for July 4th

Optional holiday hours signs for WANADA dealers for July 4th Earlier this week, WANADA mailed out optional holiday hours signs to dealer members, on which to indicate any special business hours to customers over the upcoming July 4th holiday. The national holiday — being observed by federal offices, financial institutions and many private businesses — […]

LAST CALL! WANADA dealer law briefing, 9:30am Tues., June 21

LAST CALL! WANADA dealer law briefing, 9:30am Tues., June 21 There is still time to sign up for WANADAês Dealer Law Briefing scheduled for next Tuesday morning June 21, 9:30-11:30, Marriott North Bethesda Conference Center. Hot button dealer legal issues, including new regulatory requirements will be covered by an expert dealer lawyer panel consisting of […]

Kudos to WANADAs tech ed. partners in Fairfax and Montgomery

Kudos to WANADAês tech ed. partners in Fairfax and Montgomery WANADA is proud of its two longstanding career education partner groups connected with the public school systems in Fairfax and Montgomery Counties for getting positive news coverage in last Mondayês Washington Post (Building Up Trade Skills, June 13, 2016). In an above-the-fold spread in the […]

Toyota dealers must disclose cars subject to future recall

Toyota dealers must disclose cars subject to future recall Toyota has told its dealers to inform customers when they buy vehicles with Takata airbag inflators that will be recalled by 2018. The order came after Sen. Bill Nelson (D-FL) criticized automakers for manufacturing and selling vehicles with the defective inflator, which will have to be […]