MADA On the Move
Dealer Action Requested Today!
 

Maryland Congressman Elijah E. Cummings is a member of the Conference Committee currently working to finalize the resolution of the Consumer Finance Protection bill.  It is imperative that you contact him today and request that the committee maintain the Brownback amendment in the final version of the bill. 

Please use the sample email below and draft as you feel appropriate.  Please use the online form
to send Congressman Cummings an email. 

Sample Email


Dear Congressman Cummings:

As a conferee working on the final resolution of the Consumer Financial Reform Package legislation, it is imperative that Brownback amendment excluding car dealers receive final approval from the conference committee.  The House approved the amendment, and the Senate affirmatively voted to instruct Senate conferees to also approve the auto dealer exclusion.  Clearly, both chambers have voiced their desire for auto dealer exclusion.  The points are simple:

(1) Small business automobile dealers are not banks or financial institutions, yet, they would be covered under Financial Reform Package because of the bill's broad definition of "consumer financial product or service."
(2) The Brownback auto dealer amendment helps preserve auto finance competition for dealership customers. 
(3) All auto lenders and all loans will be fully regulated by the Bureau of Consumer Financial Protection, as well as financing provided by "Buy-Here-Pay-Here" dealers and auto title lenders. 
(4) The practices targeted by opponents of the Brownback amendment are already illegal, and will remain illegal if the Brownback amendment is adopted. 

Please urge the conference committee to adopt Sen. Brownback's amendment. 


Regards,

[your name here]


Be Informed: Hiring Teen Drivers

Before hiring any teenage employees this summer, it is important that you know the rules and regulations governing teen employment.  The Drive for Teen Employment Act of 1998 established on-the-job driving restrictions for all 17-year-old employees, including limited driving on public roads for employment purposes and driving during daylight hours only.  Before allowing any 17-year-old employee to drive while at work and for work purposes, the employer should verify the following:

 ·          The employee has a valid state drivers license.

·          The employee understands that a safety belt should be worn at all times.

·          The employee has completed a state-approved driver's education course.

·          The employee has no moving violations on their record at the time of hiring.

In addition to these employment restrictions, the federal law also prohibits towing of vehicles, route deliveries, and other types of driving. Minors under 17 years of age may not drive as part of their employment; however, restrictions do not apply to employees age 18 or older.

Maryland has additional restrictions that govern youth employment.  Please click here for further information on employment restrictions applying to minors aged 14 to 17.

Temporary Tags Regulation Change Reminder

Effective October 1, 2010, dealers are required to transmit vehicle and registration information electronically to the MVA on the same day they issue a 60-day temporary registration.  Dealers should also keep temporary registration plate records for a period of three (3) years instead of permanently. 

The MVA will be holding four seminars in August to explain the new law.  Dates and locations will be announced at a later date as they become available.  MADA will also be implementing a web-based temporary tag program, details of this new program to follow.

Member Spotlight

K. Neal International Trucks, Inc. Hosts President Obama

The Hyattsville, Maryland headquarters of K. Neal International Trucks, Inc., an International® commercial truck and bus dealership was the perfect backdrop for a recent visit from President Barack Obama and Vice President Joseph Biden to highlight the success of the administration's Recovery Act.

Stephen Neal with Pres Obama

After a tour of the dealership with K. Neal International Trucks' chief executive officer, Stephen Neal, President Obama said, "We have to keep creating the conditions for companies like K. Neal International to succeed, to keep growing, to keep hiring."

The Recovery Act, executed and overseen by Vice President Biden, provided hope for many businesses that were substantially hurt during the recession. Obama explained how the Recovery Act helped businesses like K. Neal International saying, "The Recovery Act helped K. Neal during a bad winter, during a tough time, to keep that business, if not growing, then at least stable."

The President closed his speech with empowering and encouraging words. "We can keep building a stronger economy. We can keep pursuing the policies that have started to create jobs again; policies that invest in companies like K. Neal; policies that invest in companies like Navistar; policies that invest in our people and in our future."

"I am grateful that K. Neal International Trucks was selected to host President Obama and Vice President Biden," Stephen Neal said. "Meeting and hosting our national leaders was a wonderful experience for me, our staff and my family. I'm humbled that our employees had the opportunity to personally meet the President and Vice President. No question, it's the highlight of a lifetime for everyone at K. Neal."

MADA Member, Tammy Darvish, Featured on Nationally Televised Program

MADA Member, Tammy Darvish, , was recently featured on the television show, Ideas in Action with Jim Glassman.  The shows topic, "American Automakers: An Industry on the Rebound?" featured a panel of industry experts focusing on the bailout of Chrylser and General Motors and the future of the American auto industry. 

Ms. Darvish, Vice-President of Darvish Automotive Group, also serves as NADA Director for WANADA.  Ms. Darvish is also a member of the Toyota and Chrysler Dealer Councils, and is secretary and treasurer of the Toyota Dealer Advertising Association.  Also featured on the show were Paul Ingrassia and Anthony Yezer.   Mr. Ingrassia, a Pulitzer-prize winning journalist, previously served as Detroit bureau chief for the Wall Street Journal and authored the 2010 book "Crash Course: the American Automobile Industry's Road from Glory to Disaster".  Mr. Yezer, Director for the Center for Economic Research at George Washington University, testified before congress about the credit crisis and has consulted for Ford, GM and Chrysler about credit issues.

Maryland Automobile Dealers Association
7 State Circle, Suite 301
Annapolis, MD 21401
(800) 526.7423 (Toll-free)
(410) 269-1549 (Fax)
www.mdauto.org

 
In This Issue
Legislative Updates
Business Updates
MVA Updates
Member Spotlight
Member News
Member News

MADA Holiday Business Hours

MADA offices will be closed to celebrate Independence Day, Monday, July 5th. 

We will be open for normal business on Tuesday, Tuesday July 6th.


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Red Flags Rule Compliance Delayed Yet Again

The FTC has delayed enforcement of the Red Flags Rule to December 31, 2010.Please be sure to review the full regulations found online at the FTC's website.

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Electronic Enclosures


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