Monday, March 12, 2018
March 2018 SDADA Column
This is my final column as the South Dakota NADA Director so I want to start off by thanking you, my fellow dealers, for the opportunity to serve in that capacity for the past nearly 11 years. I appreciate the input, feedback and support you have given me as we worked together on the challenges facing the automotive industry both nationally and in our state.
I reflected upon the (over one hundred!) columns I have written during my tenure. What a long, strange trip it's been!
Among the challenges we faced together were: The Great Recession of 2008, CAFE Standards, Red Flags Rule, bridge loans for automakers, automaker bankruptcies, "Cash for Clunkers", facilities image programs, the Dodd-Frank bill and creation of the CFPB (and our exclusion from their oversight), navigating the barrage of Obama Administration regulations (Risk Based pricing, Privacy notices, etc.), the threat to repeal LIFO, stair step programs, electric cars, autonomous vehicles, disparate impact allegations, recalls and, most recently, tax reform.
Posted by Doug Knust on March 12, 2018 No comments:
Labels: CFPB, damage disclosure, Dealer Financing, dealership, Dodd-Frank, EBE, Franchise law, franchise system, Multi-Tier, NADART, New Vehicles, Obama, recalls, regulation, SDADA, South Dakota
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