Industry news and updates for Michigan's franchised dealers.

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MADA Fast Facts

March 15, 2024

Vol. 26 | Issue 11

MADA reminds dealers and decision makers to register for the MADA Spring Meeting on May 14th at Eagle Eye Banquet Center. This program is open to all MADA dealers, dealership staff and invited guests. Thanks to generous support from sponsors, there is no cost to attend.

• 11:30 am | The program will begin with a short networking opportunity - catch up with colleagues around the state, "talk shop" and visit with a few our our signature MADA partners.

• 12:00 pm | During lunch attendees will be updated on important legal and regulatory issues, plus news about association plans and activities.

• 1:00 pm | Our keynote speaker is Mr. Glenn Mercer, an auto industry researcher and consultant specializing in dealerships of the future. At NADA's request, he shared his newest findings at the NADA Show 2024. We are pleased to have him join us in Michigan to go over his research, with an opportunity for attendee questions and discussion.

• 2:15 pm | Guests are welcome to stay for a short reception following the presentations. New executive vice president, James Fackler, is looking forward to personally meeting attendees. We will also draw names for a few fun giveaways from MADA and some of our association partners.

We hope you will join us! Please click here to register.

IRS Energy Credits Online allows for multiple users to be registered on behalf of the organization. The first user to register on behalf of an entity will be assigned as a ‘Clean Energy Officer’ for the entity. This user has access to all IRS Energy Credits Online functionality for the entity. This includes the ability to authorize additional users and assign permissions.

For any subsequent users to gain access to IRS Energy Credits Online functionality, the first user to register on behalf of an entity must directly, or by authorizing additional Clean Energy Officers, authorize each subsequent user’s access. This person should pay close attention to the roles assigned to other users in their organization.

• Clean vehicle dealers or sellers should generally assign employees who need access to submit Time-Of-Sale Reports and/or request Advance Payments access the “dealer/seller” role. Users assigned the “dealer/seller” role can’t manage other users permissions.

• Users requesting elective pay election, transfer election, or semi- conductor manufacturer registration numbers should generally be assigned the “Clean Energy Delegate” role or “CE Third Party User” role if they do not need authority to manage user permissions for the entity.

For more information see Publication 5902, Clean Energy Authorization Permission Management

To subscribe to the IRS e-News for Clean Vehicle Industry email list go to https://www.irs.gov/newsroom/e-news-subscriptions and scroll down to the e-News for businesses section.

What’s new: On March 5, 2024, the Federal Communications Commission (FCC) published a final rule that clarifies several important factors for compliance with the Telephone Consumer Protection Act (“TCPA”). It specifically addresses the prohibition on so-called “robocalls” or “robotexts” and honoring consumer revocation of consent from receiving such calls or text messages.

Why it matters: The TCPA restricts marketers (including dealerships) from sending text messages or making autodialed (or prerecorded) marketing phone calls to consumers unless they have received the prior express consent of the called party. Even if they obtain consent, marketers must promptly and accurately honor consumer requests to stop – that is to revoke consent.

Tell me more: Specifically, the FCC is adopting rules that:

1. clarify that revocation of consent can be made in any reasonable manner, with examples;
2. require that callers honor do-not-call and consent revocation requests within a reasonable time not to exceed 10 business days of receipt;
3. limit text senders to a one-time text message confirming a consumer's request that no further text messages be sent; and
4. confirm that any revocation of consent applies only to those robocalls and robotexts for which consent is required.

What’s next: The rule generally takes effect April 4, 2024. While many of the rules’ requirements are consistent with previous FCC (and NADA) guidance, dealers, their attorneys and vendor partners should review the final rule to ensure that they can and do comply with these new TCPA requirements. This may require training of staff and working with your outside vendors, as well as taking steps to be able to demonstrate compliance with the new rules.

The Internal Revenue Service recently announced tax relief for individuals and businesses in parts of Michigan affected by severe storms, tornadoes and flooding that began on Aug. 24, 2023. These taxpayers now have until June 17, 2024, to file various federal individual and business tax returns and make tax payments.

The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Currently, this includes Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland and Wayne counties. Individuals and households that reside or have a business in these localities qualify for tax relief...keep reading

MADA Associate Member Highlight: ACV



Don't miss out on the inventory you need

ACV is transforming the automotive industry by bringing unparalleled trust and transparency to buying and selling used vehicles. The company's efficient digital marketplace and data solutions help dealers source, evaluate, buy, sell, finance and arrange transport for used vehicles. Every ACV inspection collects over 200 data points, including over 50 images, so you can bid with confidence.  

ACV’s used car auctions are 100% online and run daily, so you can find inventory from your phone or desk without having to travel to a physical auto auction. By using ACV's wholesale solutions, dealers report saving 20 hours per month on average. That's less time out of the office and more time focusing on your customers. Additionally, ACV consumer solutions help dealers buy an average of 15 more vehicles per month from consumers through its condition-enhanced pricing technology. 

ACV offerings include ACV Auctions, ACV Transportation, ACV Capital, ACV MAX, True360 and ClearCar. Sign up for free now at acvauctions.com or call 1-800-553-4070. 

Digital License Plates | Learn more about Reviver's win-win dealer partner program and how digital license plates can help accelerate your profit growth and ignite sales conversations with customers. Reviver offers your dealership new revenue streams, streamlined plate management and brand differentiation.

For over 75 years, Colombo & Colombo, P.C. has been extensively involved in representing automobile dealerships and their trade associations. Many Michigan dealerships rely on Colombo & Colombo for litigation matters as well as advice on matters involving the legal aspects of operating a dealership. Our experience makes the difference.