GNYADA March 2018 Newsletter Including Special Auto Show Edition

GNYADA Testifies Against NYC Financial Disclosure Rules

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written testimony that expanded on Schienberg’s oral testimony. GNYADA expects that DCA and the City Council will contact the Association for clarification on how to make these laws workable. The Association will continue to push to make compliance with these rules less onerous for dealers. Supporting the GNYADA New York City PAC allows the Association to ensure visibility for franchised new car dealers. To learn more about the PAC, call 718.746.5900 or email Kelsey@gnyada.com.

Council to strenuously oppose these burdensome requirements. The meetings resulted in several positive changes to the proposed two-day cooling off period, reducing it from permitting cancellation after delivery to an optional two-day contract review that is not available with a spot delivery. The City was unwavering on the financial disclosure requirements. Schienberg’s testimony called the laws flawed and impractical. He pointed out that they would negatively affect NYC dealers’ businesses and increase the cost of used cars for NYC consumers. The Association also submitted detailed J. Flanagan and his Chief Counsel in his Smithtown district office. New York City Public Advocate Letitia James and State Assemblyman Ed Braunstein were at the Center for Automotive Education and Training (CAET) to load coats for the New York Cares Coat Drive and interact with students competing in the Regional Automotive Technology Competition. Congressman Tom Suozzi spent a morning at North Bay Cadillac, as part of his Tom and the Trades tour, in which he visits job sites in his district to highlight good- paying, high-skill jobs. Assemblywoman Stacey Pheffer- Amato visited the CAET to discuss the recall bill GNYADA advanced last year, which she sponsored. n n n

On February 28, the New York City Department of Consumer Affairs (DCA) held a public hearing on its proposed rules to implement the new financial disclosure law and the two- day contract cancellation requirement. GNYADA President Mark Schienberg testified in opposition to the new rules. In his testimony, Mr. Schienberg said that the laws are unwarranted, unworkable for dealers, and harmful to consumers and the local economy. The hearing was the latest step in a year-long battle that began when the City proposed laws to regulate used car sales even further. GNYADA held numerous meetings with DCA and the City

GNYADA Builds Relationships with Local Legislators 5

This legislative session, GNYADA is focusing on strengthening the protections created by the broker bill it passed last session, stopping Tesla’s expansion, getting the doc fee increased, and achieving a statewide resolution on the issue of recalls. These relationship-building meetings allow GNYADA to show legislators that dealers are valuable to and invested in their communities and to explain why these issues are important. While we wait for a statewide recall solution that will provide safe harbor, ensuring that all customers are aware of potential recalls is best practice. GNYADA created Recall Check Window Decals that provide such disclosure. To order decals, please call the Association at 718.746.5900.

GNYADA and dealers have been meeting with local, state, and federal legislators. Some recent visits include:

GNYADA President Mark Schienberg, Chairman Lee

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Certilman, Government Relations Chair Brian Miller, and member constituents met with New York State Senate Majority Leader John

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • March 2018

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