June 12, 2024

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The FTC continues its deep dive into the automotive industry with its latest opening chess move in the Combating Auto Retail Scams Rule, simply known as the CARS Rule. The Rule is comprehensive and will fundamentally change the way dealers do business. In this article, I will briefly cover all of these topics to provide a better understanding of what is to come on the new regulations’ effective date.

In the fast-paced realm of the automotive business, staying ahead requires adaptation and foresight. Employee benefits are no different. Lily Tomlin’s wisdom, “The road to success is always under construction,” resonates with me as I partner with the Montana Automobile Dealers Association (MTADA) Group Benefits Trust to enhance dealership benefits. This philosophy underpins the efforts at the MTADA Group Benefits Trust, where we continuously strive to evolve and improve our offerings to better serve our partnering dealerships.

Great Northern Hotel Helena, MT August 15-18, 2024 Register Today!https://business.mtada.com/ap/Events/Register/VPN0j8yr Become a Sponsorhttps://montanaautomobiledealersassociationmtadamt.growthzoneapp.com/ap/Events/Register/VPN0j8yr?mode=Exhibitor Convention speakers, agenda and more info.https://www.mtada.com/110th-annual-convention/ Opening ReceptionLewis and Clark BreweryThursday, August 156:00-10:00 p.m.Everyone is welcome to join us. Come for a chance to dunk Bruce in a dunk tank! President’s DinnerSaturday, August 176:30-9:00 p.m.Theme: AmericanaDress code: Think 4th of July —

As we transition into a buyer’s market of automotive mergers and acquisitions, transparency and fairness are paramount. Brokers are entrusted with sensitive information and have a duty of care to conduct thorough market research, analyze potential risks and provide informed guidance to our dealers.

2024 brings one of the busiest election years Montana has seen in a while. Voters are set to weigh in on the races for the U.S. Senate, House of Representatives, governor, President of the United States and much more! We need every member of MTADA to vote to elect pro-dealer, pro-business candidates.

Supporting MONCAR, Montana Automobile Dealer’s Political Action Committee (PAC), is crucial in supporting the automotive industry and ensuring Montana’s voice is heard in public policy. As we’ve seen over the past few years, there are constant threats to our franchise system and our business. Whether it’s industry changes, manufacturer demands or economic influences, we face many challenges.

The 2024 NADA Show was held Feb. 1-4, 2024, in Las Vegas. MTADA was there for all of the excitement and was proud to honor Charles Notbohm as a TIME Dealer of the Year Nominee.

In the auto industry, there is a gap between the number of women in leadership and those who buy cars. Maintaining that discrepancy is risky because it shows a lack of innovation when serving the market.

Marissa Topp is the sales and finance manager at Eagle Country Ford in Sidney, Montana. Marissa grew up in Sidney and graduated from Sidney High School in 2003. She went on to graduate from the University of Minnesota-Crookston with a bachelor’s degree in hotel, restaurant and institutional management with an emphasis in resort and spa.