GNYADA May 2017 Newsletter

2 Join Us for the GNYADA Annual Meeting

When: Monday, June 19, 2017 Time:

10:00 am - 11:30 am ( Brunch Included) Where: Old Westbury Golf & Country Club, 270 Wheatley Rd, Old Westbury, NY 11568

opportunity to network with dealers, event sponsors and other industry suppliers, who will be present for the Dealer Services tradeshow. For more information, contact Jennifer Berman at the Association: jennifer@gnyada.com or 718.746.5900.

coming term. Members will also elect a slate of new Directors to be installed during the meeting. Nick Toomey will be reinstalled as GNYADA Chairman of the Board, and all Officers will be sworn in as well. The Annual Meeting is a valuable

GNYADA encourages all of its members to come join dealers, allied businesses, and Association representatives at the 2017 GNYADA Annual Meeting . Attendees will learn about the latest activities of the Association and get a preview of what’s on tap for the

3 GNYADA Addresses State/Local Legislative Issues

efforts, it did not advance further. GNYADA will continue working to ensure that it doesn’t proceed further in either house. The second bill would require that the sale of any vehicle with two or more individuals listed on the title must include a notarized document indicating both parties’ consent to the transaction. Currently, there is no such requirement. GNYADA supports this legislation, as it protects dealers and makes it less likely that a vehicle will be grounded because its sale is being disputed in court. The New York City Council passed a bill requiring dealers to disclose any open recalls of used cars prior to sale. Earlier, the Council sought to formulate a bill halting the sales of all used cars with unrepaired recalls. GNYADA met with Council Members to discuss dealer concerns. As a result, many of the Association’s suggestions were incorporated into the bill, including removing the requirement of grounding used vehicles with open recalls. n City Council Passes Recall Disclosure Law

The new City law requires dealers to provide buyers with a written copy of the recall report from NHTSA’s safercar.gov website. The purchaser must initial or sign the disclosure and the dealer must keep a copy on file for five years. This bill will go into effect 120 days after Mayor DiBlasio signs it, which he is expected to do in the coming weeks. Governor Cuomo announced that the State will begin permitting the testing of autonomous vehicles on New York’s roads, after passage of the budget removed some unique legal barriers. GNYADA worked with the Governor’s Office on this issue to ensure that dealers are able to capitalize on advances in automotive technology. The language in the budget permits testing for a limited period of time, until April 1, 2018. Watch for GNYADA Legislative Update emails sharing the latest on these, and further, matters in which the Association is involved. Governor Announces Autonomous Vehicle Tests

Broker Bill Moving Forward The Association is meeting regularly with the AG’s office to further examine the disruption of new car sales due to the ongoing operations of non-licensed brokers and leasing companies. GNYADA recently introduced new legislation to curtail the way brokers and leasing companies operate. Support for this legislation is building, and the Association is grateful to the bill sponsors, Senator Marty Golden and Assemblyman Peter Abbate, along with Assemblyman Michael Cusick, in helping to usher this legislation into becoming law. Senate Advances Lease Fee & Multiple Owner Bills The New York State Senate advanced two bills of interest to dealers: First is a bill that would prohibit end-of-lease fees. This would require dealers to absorb certain expenses without being able to recoup them. Last year, a similar bill advanced to the Assembly and Senate floor, but due to GNYADA’s opposition n

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

The Newsletter • May 2017

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