OFFICIAL PUBLICATION OF THE NEW JERSEY COALITION OF AUTOMOTIVE RETAILERS

July 8, 2024

NADA Director’s Message – NADA Updates

NADA Applauds Advancement of Legislation to Stop FTC’s Flawed Vehicle Shopping Rule —
The House Financial Services and General Government (FSGG) Appropriations Subcommittee recently passed the Fiscal Year 2025 appropriations bill, which included a NADA-backed provision that would stop the Federal Trade Commission (FTC) from implementing or enforcing the Vehicle Shopping Rule (also known as the “CARS Rule”) until September 30, 2025.

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Chairman’s Message – NJ CAR Continues Working to Strengthen Dealer Protections and Boost Consumer Recall Completion Rates

NJ CAR is working with members of both the New Jersey Senate and Assembly to move the Coalition-backed Motor Vehicle Open Recall Notice and Fair Compensation Act (A4380/ S3309) through the legislative process. The bill is currently pending before both the Assembly Consumer Affairs Committee and the Senate Transportation Committee. In early June, NJ CAR launched a grassroots campaign, targeting the members of both committees and asking them to sign on as a co-sponsor of the bill, which addresses serious public safety and consumer protection issues.

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President’s Message – New Jersey’s EV and Fiscal Policies Are on a Crash Course That Harms Consumers

While Governor Murphy has committed to making New Jersey a 100% EV market by 2035, his administration has added a new $1,060 registration fee for EVs, proposed yet another cut to the Charge Up New Jersey EV incentive, and proposed a state budget that phases out the sales tax exemption for EVs. Let’s look at these head-scratching actions that have shown a spotlight on EV policy that seems at odds with itself.

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