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NADA Update
Auto Dealers Outline Job Killing Regs to New Congress
NADA Update
Auto Dealers Outline Job Killing Regs to New Congress

WASHINGTON -- With the opening of the 112th Congress today, NADA highlighted some of the undue regulatory burdens dealers face that have hindered job creation in a letter to incoming House Oversight and Investigations Committee Chairman Darrell Issa, R-Calif. In addition to touching on specific issues, the letter points out how the cumulative effect of the staggering number of federal rules has impaired dealers’ ability to grow their businesses and expand their workforce.

In its letter NADA urges action on recent fuel economy and greenhouse gas (GHG) rules, which impact vehicle cost and availability. The association notes that the joint rules adopted by the National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA) for model years 2012-2016 exceed Congressional mandates and are duplicative.

NADA argues that one rule (NHTSA’s) would have provided a superior public policy and environmental outcome. The letter further contends that these new fuel economy mandates will force manufacturers to build vehicles whether or not there is public demand for them. It also warns that EPA will likely grant another pre-emption waiver for California’s next fuel economy and GHG rule making as early as this year and that this action will likely further kill jobs as California is not required to consider job loss outside of California when drafting its rules.

The letter also addresses credit-related regulations, such as the Red Flags and Risk Based Pricing Notice rules, which make granting credit more costly and burdensome without providing a substantial benefit for car-buyers. (To view the vast regulations impacting every division within a dealership, click here.)

Finally, dealers with additional examples of excessive regulatory overreach should send their comments to NADA at regulatoryaffairs@nada.org.
Source: NADA

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