Industry News

From Today’s NADA headlines

VW Diesel Deadline: Dealers Must Register by this Monday, May 1

FTC: The deadline for dealers to register for compensation under the Volkswagen diesel settlement is this Monday, May 1, 2017. This applies to dealers that owned certain 3.0-liter Volkswagen, Audi and Porsche diesel cars as of September 18, 2015, or November 2, 2015, and sold them on or before January 31, 2017.
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NADA Praises CHOICE Act Provisions to Preserve Consumer Discounts in Auto Financing

Legislative efforts to significantly reform the Consumer Financial Protection Bureau (CFPB) have resumed in Congress. On Wednesday, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) introduced the Financial CHOICE Act, H.R. 10, a comprehensive financial reform bill.
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IRS Notice 2016-66: Potential Pitfall for Dealerships in Captive or Reinsurance Programs

Important Non-Extendable May 1st Deadline Looms: The IRS has been quite active with regard to perceived abuses in the area of microcaptive insurance.
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Upcoming Events

  •  2017 ATAE Summer Conference, July 6-7, The Broadmoor, Colorado Springs, CO
  •  2017 ASNA Summer Meeting, July 7-8, The Broadmoor, Colorado Springs, CO
  •  2017 ATAE Education & Events Focus Group Meeting, August 2-4, InterContinental Buckhead Hotel, Atlanta, GA

  •  2017 ATAE Legal Conference, October 24-25, Ritz-Carlton Hotel, Chicago, IL

  •  2018 ATAE Group Benefits Focus Group Meeting, January 10-12, Hilton Naples, Naples, FL
  •  2018 ATAE Winter Meeting, March 21-22, Encore Hotel, Las Vegas, NV


Chairman's Message

Former Notre Dame football coach Lou Holtz once said, “Life is 10% what happens and 90% how you respond.”   While we at ATAE cannot always control what may happen in the states across this nation, we can certainly help in how you - the ATAE - responds.   Jennifer, Jill and a cadre of fine association execs within NADA stand ready and willing to help all ATAEs in responding to the events, trends and situations that impact our lives, and the lives of our dealer members, on a daily basis.   Additionally, both Jennifer and Jill do a yeoman's effort in proactively planning, implementing and conducting the day to day work of ATAE.  We are pleased to have them on our team and thankful to be part of ATAE.

Thanks,
Bob Glaser
2017 ATAE chairman