GNYADA October 2014 Newsletter

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For Dealer Principals / General Managers / Sales Managers The Newsletter A Publication of Greater New York Automobile Dealers Association

Dealers Travel to Washington – Push Auto Agenda 1

OCT 2014 Volume 24, Issue 6


DCA Recalls Questioned page 2

Marketing Suspensions Violate Dealers’ Rights page 3

The legislation, which had a dozen bi-partisan sponsors when we arrived in Washington now has 91 co-sponsors from both sides of the aisle. From our area, Representatives Tim Bishop and Peter King have both signed onto the bill. Pending legislation would require dealers and rental car companies to repair all open recalls before a vehicle could be used as a loaner or rented. We addressed our concerns to the bill’s sponsor, Senator Schumer, and asked him to work with NADA to reach a reasonable and workable accommodation for franchised dealers. Lawmakers are seeking ways to balance the budget and eliminate deductions, and some have suggested limiting or eliminating the deduction for advertising expenses. NY area legislators are particularly sensitive to this issue and several told us that they would forcefully oppose any such measure. The delegation from GNYADA included Robert Vail, Chairman; Directors Louis Giordano, Nick Toomey, Brian Miller, and Gary Schimmerling; Next Gen Committee member Greg Vail; Mark Schienberg, President and Stuart Rosenthal, VP.

GNYADA Adds New Counties to Membership Roster page 4 NYIAS Recognized for Excellence page 6 NJ Charges Dealers of Used Car Deceptions page 7 Nassau Checking Dealers’ Toxic Materials SOPs page 8

GNYADA members joined dealers from across the country in the nation’s capital in September to participate in the annual NADAWashington Legislative Conference. We met with Senator Charles Schumer as well as several key members of the House of Representatives from our region. Our agenda included a number of issues crucial to auto dealers: Legislation drafted by NADA has been introduced in Congress (H.R. 5403) to nullify “Guidance” issued by the Consumer Financial Protection Board (CFPB) and to require the CFPB to be more transparent in its rulemaking. We raised this legislation and our concerns with the CFPB in each meeting with legislators, and we were generally well received.

Training to be the Best page 9

The Newsletter is published by GNYADA, a not-for-profit organization representing franchised automobile dealers in the New York metro area. 18-10 Whitestone Expressway Whitestone, New York, 11357

Dealer Hotline 718.746.5900

The Newsletter • October 2014 1

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