Industry News

From Today’s NADA headlines

House Tax Bill Passes with 100% Floor Plan Deductibility

Yesterday, the House of Representatives passed H.R.1, the Tax Cuts and Jobs Act, which included an NADA-backed amendment to preserve 100 percent deductibility of interest on floor plan loans, the top priority for NADA in the tax reform bill. The Senate Finance Committee, however, approved its version of the tax bill and kept the provision which limits the deductibility of interest, including floor plan interest, to 30 percent of adjustable taxable income. As interest rates increase, this proposal may result in dealers paying higher taxes even when a dealership does not show a profit.
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Last Day to Get $100 Registration Discount for NADA Show in Las Vegas

Today is the last day for dealers and managers to receive the early-bird $100 registration discount. Rooms at the most popular hotels are filling up quickly. Six hotels in Las Vegas are already sold out.
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U.S. Stands Alone as NAFTA Talks Resume

In the eyes of many trade observers, President Donald Trump’s “America First” slogan has become “America Alone.”
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Upcoming Events

  • 2017 ATAE Communications & Public Relations Focus Group Meeting, November 15-17, Renaissance Midtown, New York, NY

  • 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

  • 2018 ASNA Summer Meeting, July 10-11, Ritz-Carlton Half Moon Bay, CA
  • 2018 ATAE Summer Conference, July 12-14, Ritz-Carlton Half Moon Bay, CA

  • 2018 ATAE Education & Events Focus Group Meeting, August 1-3, Solamar Hotel, San Diego, CA

  • 2018 ATAE Legal & Legislative Conference, October 9-10, Four Seasons Hotel, Chicago, IL
     



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