Pub. 13 2014-2015 Issue 2

N E W J E R S E Y C O A L I T I O N O F A U T O M O T I V E R E T A I L E R S 23 new jersey auto retailer W W W . N J C A R . O R G AUTOMOTIVE TAX SPECIALISTS Let our 25 + years of TAX experience guide you and your Automotive Dealership. Call today & mention this ad for a free consultation. (973)790-8800 Alan E. Ginsberg, CPA Sal DiBello, CPA aginsberg@brunodibello.com www.brunodibello.com and Lemon Law Compliance; Volume III: 2011 Finance Regulation Update: The Risk-Based Pricing Rule/ The New Model Privacy Notice; Volume IV: The Red Flags Rule/ The Safeguards Rule; Volume V: Wage & Hour and Compensation Issues; Volume VI: Employment Law for AutomotiveRetailers; and VolumeVII: Model Employment Handbook for Automotive Retailers. Each of these publications is between 25 and 40 pages in length. The format for issuingmanagement guides on specific topicswill continue to be utilized by the Coalition in the future and the initial guides will be rewritten and updated to keep them current with the state of the law, when there are significant changes. NJ CAR believes that, by providing a strong education and training program, the Coalition can help keep State regulators and additional regulations at bay—based upon the premise that an industry that polices itself through training and education, doesn’t need excessive ( new ) regulations heaped upon it by the State. The results of the NJ CAR Academy are impressive. Since 2008, over 1,730 employees and dealer principals ( representing over 300 New Jersey dealerships ) have attended at least one seminar, webinar or in-dealership training session offered by the Coalition. Still, the potential pool of dealership employees who can benefit from training offered by the NJ CAR Academy remains extensive, in light of the fact that New Jersey’s new car and truck dealerships employ almost 35,000 individuals. Demand by dealers and their employees for NJ CAR’s training & education programs and demand for specific topic guides written by the Coalition Staff fluctuates with the strength of the economy, motor vehicle sales, and the profitability of individual dealerships. Currently, with an improving economy and increasing car and light truck sales, dealerships aremakingmoremoney.When dealersmake moremoney, they are inclined to spendmore to train their employees and purchase education and training materials for them. With the Seasonally Adjusted Annual Rate (SAAR) for cars and light-duty pickups now above the 16 million unit benchmark for the first time in eight years, the future for franchised car and truck dealers looks very promising. And, if that’s the case, the future for the NJ CAR Academy should be equally as bright. Dealers should take comfort in knowing that the Coalition, through the NJ CAR Academy, is ready, willing and able to provide their employees with timely training on a seemingly endless variety of topics. For the latest schedule of NJ CAR Academy training, go to the NJ CAR Academy page under the Education drop-down menu on the Coalition’s website (http://www.njcar.org) . Robert May can be reached at 609.883.5056, x313 or rmay@njcar.org .