OFFICIAL PUBLICATION OF THE MONTANA AUTOMOBILE DEALERS ASSOCIATION

Pub. 4 2024 Issue 1

Give Me a Brake A Summary of the CARS Rule

Give Me a Brake: A Summary of the CARS Rule

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.

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Montana Automobile Dealership Trust Group Benefits

Elevating Dealership Benefits

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.

Montana Automobile Dealership Trust Group Benefits

Elevating Dealership Benefits

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MTADA's 110th-Annual-Family-Convention-feature

Save the Date! MTADA’s 110th Annual Family Convention

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 —

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Conflict of Interest in the M&A World

Conflict of Interest in the M&A World

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.

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Driving Our Industry Forward by Contributing to MONCAR

Driving Our Industry Forward by Contributing to MONCAR

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.

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