Industry News

2023 Fuel Economy Guide

The 2023 Fuel Economy Guide was recently released by the US Department of Energy and Environmental Protection Agency. You can access the guide here or download now as a PDF. Paper guides are no longer mailed to dealers.

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NIADA APPLAUDS FTC EXTENSION FOR SAFEGUARDS RULE

Auto dealers will have an extra six months to comply with the Federal Trade Commission’s Safeguards rule. The FTC announced Tuesday it was pushing the deadline for financial institutions, including auto dealers, to comply with the new rule to June 9, 2023. The deadline was Dec. 9.

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Maine BMV to Unveil Appointments System

AUGUSTA — On Monday, October 24th, the Maine Bureau of Motor Vehicles (BMV) will unveil an appointment system for Mainers to schedule appointments at branch offices around the state. Secretary of State Shenna Bellows, Deputy Secretary of State for BMV Cathie Curtis, other BMV leaders, …

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How An Inviting Lot Can Attract Better Customers

When you think of real estate and businesses, you think of curb appeal. The curb appeal is what the house or business looks like on the outside, from the curb, and as prospective buyers walk up. The same principle applies to used car lots. An inviting car lot, one with a great “curb a …

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The Unstoppable Electric Car and Used Car Dealers

[Note: *quotes are from a phone interview with the article author.]

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Catalytic Converter Anti-Theft Legislation at NIADA Policy Conference

Catalytic converters are being stolen at increasingly higher rates due to their valuable metals, such as rhodium, platinum, and palladium.

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NHADA Launches Maine Independent Motor Vehicle Association

MIMVA Announcement Image

Neighboring State Trade Association Mirrors Structure of NH Association; Will Serve Hundreds of Maine Independent Dealers In an effort to better represent the operational needs of hundreds of independent repair, sales and maintenance businesses, the New Hampshire Automobile Dealers As …

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Maine Dealers Must Engrave VIN on Cat Converters

Catalytic converter view from underneath vehicle

Effective August 8, 2022, Maine car dealers, independent and new must engrave the full VIN of a vehicle on catalytic converters they sell at retail. The newly formed Maine Independent Motor Vehicle Association (MIMVA) has some recommendations to consider regarding picking engraving to …

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New Maine laws in effect this week

AUGUSTA — Many new laws with regard to Maine’s Department of Secretary of State, made up of the Bureau of Motor Vehicles, Bureau of Corporations, Elections and Commissions and the Maine State Archives, went into effect this week.

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Compliance Guidance for the revised FTC safeguards rule

Compliance Guidance for the revised FTC safeguards rule

Data breach after data breach, the FTC enforced its own Safeguards Rule, which took effect in 2003. Witnessing that companies were not living up to expectations, the FTC changed the Rule in October 2021 to remove any doubt as to minimum requirements. The new FTC Safeguards Rule sets f …

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