GNYADA SEPTEMBER 2015 NEWSLETTER

To read these stories and get the latest news online, visit the GNYADA website at www.gnyada.com

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

1 New Directors and Officers Installed Chairman Bob Vail Confirmed to 2nd Term

SEPTEMBER 2015 Volume 25, Issue 5

HIGHLIGHTS

At the Association’s 105th Annual Meeting on August 3rd, Robert Vail of Vail Auto Group in Bedford Hills, Westchester, was sworn in for his second term as Board Chairman of GNYADA. The election of the Board’s Officers and Directors also took place that morning, at the Old Westbury Golf and Country Club. Mr. Vail kicked off the meeting by applauding dealer members for the day's astounding level of charitable support at this year's outing, as well as their efforts in making GNYADA a powerful voice in

Albany and Washington; he specifically highlighted the grassroots efforts that dis- suaded Chuck Schumer from cosponsor- ing Elizabeth Warren's CFPB bill . Later in the meeting, Doug Clark, from GNYADA’s Albany-based lobbying firm Wilson Elser, reviewed some legislative wins from the past year, such as securing the new Franchise Law amendments and influencing the state’s Sub-Prime Lending Bill, and spotlighted some of GNYADA’s ongoing efforts in the halls of government.

Dealership to Pay for Deceptive Advertising page 3 Association Dealerships’ Economic Impact page 4 Keep Your Dealership Out of the AG’s Crosshairs page 5

(continued on page 2)

ACA: Required Reporting page 6

Charity Golf Event Raises $100K

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Dealer Assisted Financing Can Be Complicated page 7

Meet Our New Additions page 9

Welcome New Members Employment Corner page 12

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

DominickTotino Photography

GNYADA’s annual Charity Golf Outing took place early last month at the Old Westbury Golf & Country Club. More than 400 attendees golfed, dined and shared great camaraderie with friends. When the

day concluded, $100,000 had been raised toward automotive student scholarships, to be distributed through the Association’s Center for Automotive Education & Training . (continued on page 2)

Dealer Hotline 718.746.5900 www.gnyada.com

The Newsletter • September 2015 1

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