GNYADA June 2016 Newsletter
To read these stories and get the latest news online, visit the GNYADA website at www.gnyada.com
For Dealer Principals / General Managers / Sales Managers The Newsletter A Publication of Greater New York Automobile Dealers Association
Beck Chevrolet Decision: Big Win for All Dealers #
JUNE 2016 Volume 26, Issue 4
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HIGHLIGHTS
Shenker Makes the “Albany 2 Power 100” List page 2 Ads with Recalled Vehicles Draw AG Subpoenas page 3 Complete the 2016 Economic Impact Survey page 5 Credit Repair Still in the AG’s Crosshairs page 7 Joe Stanco Honored at Annual NADA Meeting page 9 Beware of VIN-Cloning Schemes page 11
In 2009, GNYADA fought to update New York's Vehicle & Traffic Law to require fairness in manufacturer sales standards and assignment-of-territory. These crucial new protections were specifically referred to in the Beck case, and were vital to the positive outcome.
NADA Reacts to Beck Chevrolet Outcome
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The Newsletter is published by GNYADA, a not-for-profit organization representing franchised automobile dealers in the New York metro area. 18-10 Whitestone Expressway Whitestone, New York, 11357
Dealer Hotline 718.746.5900
www.gnyada.com
The Newsletter • June 2016 1
Shenker Makes the “Albany Power 100” List
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WRPXBWGTQP .;3@9@XNUPXUORWULFXMSQQWMVWL ETVNXPWDWRUOX:TVFXUQLX GNYADA Holds Meet-and-Greets with Legislators .;3@9@XNWOLXPWDWRUOXGUVNWRTQGP ETVNX;WEX3SR>X =NWXJWWV?UQL?GRWWVPXETVNXJWJBWRP SIXVNWX Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 3 Lingering Recalls Harm Consumers Most NADA/JD Power study traces problem's origin to OEMs RWPKOVTQGXTQXUXJUPPTDWXVU,XISRXUQF MSQPKJWRXVRFTQGXVSXVRULWXTQXSQWA# ERTVWPX5RCX*WOMNC ;@9@XRWMWQVOFXWQOTPVWLX C9CX(SEWR VSXW,UJTQWXVNTPXRWLKMVTSQXTQXVRULW?TQ DUOKWXENTMNXTPXMUKPWLXBFXHRWDWQVTQG LWUOWRPXIRSJXPWOOTQGXKPWLXDWNTMOWP ETVNXJTQSRXRWMUOOPCX=NWXRWHSRVAXMSJ? JTPPTSQWLXTQX;SDWJBWRAXISKQLXVNUV XSIXUOOXRWMUOOPXTQX01) XTQDSODWL EUTV?VTJWPXSIXUVXOWUPVX 1XLUFPXISR HURVPCX7VXUOPSXISKQLXVNUVXVRULW?TQXDUO? KWPXIWOOXUQXUDWRUGWX )A0)1XHWRXDWNT? MOWAXJWUQTQGXUXVSVUOXMSPVXSIX )C)XBTO? 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TQGAXWVMCX=NWPWXOUEPXURWXRUVNWRXMOWUR WIISRVPXVSXULLRWPPXOTQGWRTQGXPUIWVF MSQMWRQPXURSKQLXUKVSQSJFAXBFXWQPKR? TQGXVNUVXDWNTMOWP6XTQMRWUPTQGXTQVWOOT? GWQMWXETOOXQSVXBWXJTPKPWLC =NWXIUMVXVNUVXVNWPWXBTOOPXURWXBWTQGXHRS? HSPWLXTQXVNWXUKVSXJUQKIUMVKRTQGXMUHT? VUOXSIXVNWX C =NWXNSJWXSIXVNWX!-TGX=NRWW#XUKVS? JU>WRPXTPXUOPSXENWRWXWQGTQWWRPXESR> VSXW,HSPWXIOUEPXTQXETRWOWPPXDWNTMOW PFPVWJPAXVSXKOVTJUVWOFXTQQSDUVWXVTGNVWR PWMKRTVTWPCX=SKGNWRXOWGTPOUVTSQXTPXMSQ? PTLWRWLXUXVUQLWJXPUIWGKURLTQGXWIISRVC *WXETOOX>WWHXSKRXLWUOWRPXHSPVWLXUBSKV UQFXPTJTOURXMFBWRPWMKRTVFXUMVTSQP BWTQGXVU>WQXSQXVNWXQUVTSQUOXSRX;WE 3SR>X Complete the 2016 Economic Impact Survey The Economic Impact Survey is a crucial element of the advocacy that GNYADA performs on behalf of dealers in our region. The numbers contained in these reports have direct influence on policymakers, manufacturers, and the media. It drives our desired change within the industry, because it reflects the enormous positive effects that our dealers have on their communities. Please complete and return this year’s survey, which can be accessed online at www.gnyada.com/survey . You can also com- plete the enclosed hardcopy version. (A separate survey must be filled out for each dealership.) For more copies, contact Jennifer Berman at 718.746.5900 or jennifer@gnyada.com . Data Compromises Are on the Rise Keep your digital information secure TQMTLWQVPXVNTPXFWURAXENWRWXMKPVSJWRP6 HWRPSQUOXTQISRJUVTSQXEUPXTQULDWRVWQV? OFXLTPMOSPWLAXTQXUXPTJTOURXMSQC 7IXFSK6RWXOSS>TQGXISRXUPPTPVUQMWXETVN BWWITQGXKHXVNWXPWMKRTVFXSIXFSKRXDTVUO RWMSRLPXSRXMSRHSRUVWXLSMKJWQVPA 5TMRSX.RUHNTMX7QISRJUVTSQX !HOSVOTQWP#XSIXMSJJSQXPMUJPCX+WRWXTP UQXW,UJHOW @XMSJHUQFXUMMSKQVUQVXSRXULJTQTP? 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QWOXENSXNUPXTQIOKWQMWXSDWRXESR>WR VWRJTQUVTSQPXUQLXSVNWRXNKJUQ RWPSKRMWXJUVVWRPXJKPVXQSEXBWXNTGNOF JTQLIKOXSIXVNWTRXSBOTGUVTSQPXRWOUVTQG QSVXSQOFXVSX'52@AXBKVXUOPSXJWLTMUO OWUDWAXEUGWXHUFJWQVAXLTPMRTJTQUVTSQA UQLXJSRWC .@<=4:?><3C,>?8C1@4;C:A0@;CA??@; Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 6 /QX@HRTOX AX.SDWRQSRX:KSJSXPTGQWLXOWGTPOUVTSQXTQVSXOUEXVNUVXETOOXGRULKUOOFXTQMRWUPWX;WEX3SR>6 PXJTQTJKJXEUGWXVSX ) UQXNSKRAXISRXJSPVXESR>WRPCX@OPSXUVVUMNWLXVSXVNTPXOWGTPOUVTSQXTPXVNWXRW&KTRWJWQVXVNUVXUOOXWJHOSFWRPXHRSDTLWXVEWODWXEWW>P SIXHUTLXIUJTOFXOWUDWXISRXVNWTRXWJHOSFWWPC The Director of the Budget Division and the Department of Labor set the following indexed schedule, for the minimum wage increase: # Prepare for MinimumWage and FMLA Changes Yearly Increase Min. Wage as of 12/31/2016 Leveling at $15 on NYC Large Businesses (11+ employees) NYC Small Businesses (10 or fewer employees) Nassau / Suffolk / Westchester Counties $2.00 $11.00 12/31/2018 $1.50 $10.50 12/31/2019 $1.00 $10.00 12/31/2021 $9.70 Rest of New York State 12/31/2020 $0.70 FMLA Changes =NWXQWEX !8BC-==@9>A?>@ Credit Repair Still in the AG’s Crosshairs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reater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 7 Beck Chevrolet Decision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IUMVKRWRXUMMSKQVUBOWXVSXUBTLWXBFX ;WEX3SR>XOUECX=NWXLWMTPTSQXTQX %B9* .8B/;@:B? QSEXJU>WPXTVXWUPTWRXISR SVNWRXLWUOWRPXVSXWQISRMWXVNWTRXRTGNVPC !8>=CA;?>9:BC,A=C5;@/>6B6C01C >98A;6C(@ ) #= 2C+;@7C%A==C(@ C"B;9B;2 -WM>XUOPSXMSQVWQLWLXVNUVX.56PX JSLTITMUVTSQXSIX-WM>6PXUPPTGQWLX VWRRTVSRFX$@.<<@ @(4%XEUPXUQ KQIUTRXUQLXHRSNTBTVWLXJSLTITMUVTSQX TQXDTSOUVTSQXSIX =2X $0%$II%C =NWXMUPWXEUPXTQTVTUOOFXUHHWUOWLXVSX VNWX C Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 8 Joe Stanco Honored at Annual NADA Meeting # UVTSQPXVNUVXIKQLXMUQMWRXRWPWURMNA TQMOKLTQGXBWTQGXSQXVNWXBSURLXSI MSJJTVJWQVXVSXMSJJKQTVFXPWRDTMWC =NTPXFWUR PXETQQWRXEUPX TVVFX UQ -SRVWOAXIRSJX UQX-SRVWOX SPWHNX NYC's Transit Benefit Deadline is July 1 Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 9 11th Annual GNYADA Charity Golf Outing # Sponsorship Opportunities Available! Dinner for One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reeman NY, NJ, CT Chevrolet Dealers Chrysler Capital/Santandar Bank Newsday Putney, Twombly, Hall & Hirson Rosenblatt, Levittan, Vulpis & Goetz Shenker, Russo & Clark, LLP Toyota New York Region Dealertrack New York Mets/Tri-State Porsche Dealers Wells Fargo Dealer Services Red Rock Industries Richards, Witt & Charles LLP Adesa Long Island Auto Auction AB Environmental Arent Fox Capital One N.A. CDK Global Citadel Security Agency Lane Office Metrolube Professional Dealer Services TD Bank Toyota Financial Services UDS Insurance Valley National Bank Diligent Credit Solutions JLR Long Island JP Morgan Chase IntelliPayment CADDIE BIBS Autotrader DESSERT/RECEPTION GNYADA Situation Interactive RAFFLE PRIZES NINES PHOTOGRAPHY Bethpage Credit Union/CU Direct Dealer Socket Epoch Media Group TOTE BAG LaBonte Law Group END OF NIGHT REFRESHMENTS Cars.com Reynolds & Reynolds Bass Sox Mercer East Side House, Inc. Groovecar Mancini Architecture EAGLE/DINNER RECEPTION GREENS GOLF CARTS HOLE REGISTRATION PACKETS CONTESTS SPONSOR ANNUAL MEETING/BRUNCH Auto Outlook Auto Trieve by MGIS Bank of America BFI Furniture CBS Radio Compli Dealer Owned Warranty Company DP Sales Distributors (2) Fine Line by Rich First National Bank of Long Island Kenro Industries Movin On Sound Naked Lime Marketing Pave Master Port View Leasing & Sales REDCOM Design & Construction Roslyn Savings Bank Sams Crispe Communications Siegel Distributing Co. Sprague Energy TSG Management Walter F. Cameron Advertising Withum Smith & Brown PC Xenex Merchant Services Zurich SHIRTS Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 10 # GNYADA Holds Workshop on Ad Compliance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eware of VIN-Cloning Schemes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reater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 11 EMPLOYMENT CORNER .;3@9@6PX8JHOSFJWQVX:SRQWRXTPXUXIRWWXRWMRKTVTQGXUQLX SB HOUMWJWQVXPWRDTMWXVNUVXOTPVPX&KUOTITWLXMUQLTLUVWPXISRXHSPTVTSQPXUV LWUOWRPNTHPCX7IXFSKXNUDWXUXHSPTVTSQXVSXITOOAXMUOOX # # C NYC Police Museum Honors NYIAS @LJTQTPVRUVTDWX@PPTPVUQVX :SOOWGWX(STQVX WEX.URLWQPX -RSS>OFQX *NTVWPVSQWX :SOOWGWX(STQVX 001 00) 000 -TOOWRX -TOOWR -SS>>WWHWRX 00 00 -SS>>WWHWRX (SRVX*UPNTQGVSQ 01 =NWX;WEX3SR>X:TVFX(SOTMWX5KPWKJ RWMWQVOFXHRWPWQVWLXUQXUEURLXPVUV? KWVVWXVSX=NWX;WEX3SR>X7QVWRQUVTSQUO @KVSX :URX SM>WF UOWVX (URVPX5UQUGWRX .OWQX:SDWX 00 00 00 00 *WPVX;WEX3SR>AX; X -RSQ,X Contact Us: Greater New York Automobile Dealers Association 18-10 Whitestone Expressway l Whitestone, NY, 11357 Dealer Hotline: 800.245.4640 l Headquarters: 718.746.5900 l email: assistance@gnyada.com DMV-DIRECT: 718.747.0400 l GNYADA Insurance Brokerage, LLC: 718.746.8100 l NYIAS: 718.746.5300 Center for Automotive Education & Training: 718.640.2000 The information contained in this newsletter may not be relied upon for the avoidance of tax penalties. Readers are urged to discuss any issues raised in this newsletter with their legal and tax professionals. Printed on FSC certified material. All original material except where noted. © GNYADA 2016 Greater New York Automobile Dealers Association • www.gnyada.com The Newsletter • June 2016 12
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