NJ CAR NEWS
NJ CAR Holds Annual Meeting (09/23/2016)
NJ CAR’s 98th Annual Meeting was held on Wednesday, September 14, 2016, at The Ridge at Back Brook in Ringoes, New Jersey. Brigid Callahan-Harrison, Ph.D., a Professor of Political Science and La ... more 
NJ CAR Encourages New Jersey Dealers To Support Louisiana Flood Victims (09/23/2016)
The National Automobile Dealers Association Charitable Foundation (NADACF) Emergency Relief Fund has already delivered more than $500,000 to over 400 Baton Rouge dealership employees who had submi ... more 
NHTSA Proposes Digital Recall Notices To Increase Repair Rates (09/23/2016)
In an effort to boost recall repair rates, the National Highway Transportation & Safety Administration (NHTSA) has proposed that manufacturers be required to notify owners of vehicle recalls e ... more 
OSHA Hazardous Communication Guide Available To NADA Members (09/23/2016)
A Dealer Guide to the Updated OSHA HazCom Standard (L22) is now available at no charge to NADA and ATD members at the NADA University website (http://universityonline.nada.org/login.aspx). The ... more 
FTC To Increase Do-Not-Call Registration Fees October 1, 2016 (09/23/2016)
Dealers must make sure that any number they are calling, for telemarketing purposes, is NOT included on the National “Do-Not-Call” (DNC) registry. As a reminder, any dealer seeking to access the ... more 
Upcoming NJ CAR Academy Training (09/23/2016)
October 4, 2016 High Gross Sales Training Workshop Gross Profit…It’s yours to keep or give away. Sales Associates will learn to present numbers to customers with confidence, a positive attitude, ... more 
Car Loans Top $1 TRILLION (09/23/2016)
According to Experian Automotive, the total balance of all outstanding auto loans reached $1.027 trillion between April 1 and June 30, the second consecutive quarter that it surpassed the $1-trill ... more 
Utilize ALL NJ CAR Tools To Stay Informed (09/20/2016)
One of NJ CAR’s primary missions is to provide dealers (and their employees) with information that could impact the franchised, automotive retail industry in New Jersey. The Coalition also strive ... more 
Follow NJ CAR On Social Media (09/20/2016)
For those who are active in social media, particularly Facebook, Twitter and LinkedIn, we encourage dealer members, employees, colleagues and other contacts to connect with NJ CAR in order to rece ... more 
   
  Automotive News
U.S. dealerships' employee retention slides, study finds
U.S. car dealerships suffer from rampant employee turnover, an industry study released today found. In fact, the three-year employee retention rate at dealerships reached a new low last year, dropping two percentage points to 45 percent, vs.... more 
Report: Lease deals lack transparency
Finance rates on lease offers are difficult to understand, and automakers haven't done enough to make understanding them easier, concludes a report by a personal finance website.... more 
The FandI box stresses managers, too
The girl with the finance tattoo has burned out. She revealed her plight in a post this month on a Facebook page dedicated to dealership FandI managers.... more 
Why shorter FandI menus work best
To hone menus and keep them in check, dealers should periodically review their FandI product offerings against the vehicles they sell and the general wants and needs of their customers to "make sure everything aligns."... more 
Lenders overlook key remarketing data, study finds
Most auto lenders surveyed by Black Book said remarketing is a top strategy for handling lease returns, but few are making use of residual data, deemed key to developing an effective remarketing strategy.... more 
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