Dealership Workforce Study
The success of any dealership hinges on the strength of its workforce. To help dealers attract, retain, and develop top talent, NADA’s Dealer Workforce Study provides critical insights into employment trends, compensation, and benefits across the industry.
By participating in this year’s study, dealers gain access to customized reports that benchmark their workforce strategies against regional and national trends. These insights can help optimize hiring practices, improve employee retention, and enhance overall dealership performance.
Participation is free, confidential, and easy—and the benefits are invaluable. Don’t miss this opportunity to gain data-driven insights that will help you build a stronger team.
To get started or learn more, visit https://www.nada.org/nada/research-and-data/nada-dealership-workforce-study.
Clean Vehicle Tax Credits
What’s new: As the April 15 tax filing deadline approaches, some dealers may be hearing from customers who (1) purchased clean vehicles in 2024 and (2) are facing issues filing their tax returns. In particular, the IRS is telling these customers that they cannot claim their clean vehicle tax credits because the required Time of Sale reports for their purchases were not successfully submitted by the selling dealer. Dealers are currently not able to generate Time of Sale reports for 2024 transactions and the IRS is not accepting such submissions because the Time of Sale reports were required to be submitted within 3 days of the transaction.
Why it matters: Absent relief, dealers may face significant financial losses, and customers may be unable to claim clean vehicle credits.
What’s next: NADA is advocating aggressively for the IRS to remedy issues involving the submission of Time of Sale Reports. In particular, NADA has urged the IRS to immediately reopen another window for dealers to file late Time of Sale reports from 2024. NADA continues to ask the IRS to resolve all remaining portal registration issues and has also emphasized the importance of responding to dealer inquiries via secure messaging in the Energy Credits Online portal. NADA has sent a letter to leadership at the U.S. Department of Treasury requesting timely relief for dealers. Members of Congress are also aware of these issues based on NADA advocacy and ongoing communication from constituents.
Go deeper: NADA issued a compliance alert describing the current state of affairs in further detail.
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