Auto Dealers: Start Earning From Every Supply Purchase! 22 Florence Street • South Hackensack, NJ 07606 • Learn more at WASCOonline.com • 800-732-4511 VOLUME PRICING DISCOUNTS PURCHASING EFFICIENCY ANNUAL DIVIDEND contact us! For your FREE, NO-OBLIGATION ANALYSIS to discover how WASCO can significantly impact your dealership’s 2025 earnings. infrastructure and consumer behavior. NADA and ATD support replacing those rules with technology-neutral national emissions standards that consider market realities. The rule the EPA proposed in July would create a seismic change in the regulatory environment regarding tailpipe emissions and could have significant impacts on the auto industry, from changing the types of cars automakers manufacture to vehicle supply and consumer preferences. The EPA could issue a final rule repealing the GHG standards by the end of the calendar year. Opponents are almost certain to challenge it in court. In the meantime, NHTSA is expected to issue a rulemaking proposal to make major changes to Corporate Average Fuel Economy (CAFE) standards. CATALYTIC CONVERTER ANTI‑THEFT LEGISLATION (UPDATED) The Preventing Auto Recycling Theft (PART) Act has now been reintroduced in the House (H.R.5221) and Senate (S.2238). The reintroduced versions include non-controversial to help increase support for the legislation. This legislation addresses a major concern for dealers as it will require each catalytic converter to have a traceable identification number at the time of vehicle assembly. The bill also establishes a federal criminal penalty for the theft, sale, trafficking, or known purchase of stolen catalytic converters Catalytic converters are being stolen at increasingly higher rates because they contain valuable metals, such as rhodium, platinum, and palladium. Thieves can easily steal catalytic converters from vehicles, and since they are not readily traceable, there is a lucrative market for these stolen parts. These thefts are costing millions of dollars to businesses and vehicle owners alike. In addition, for consumers, replacing a catalytic converter is costly and often difficult due to the part’s high demand and supply chain shortages. “RIGHT TO REPAIR” LEGISLATION NADA opposes the so-called “Right To Repair” legislation H.R.1566/S.1379, the “REPAIR Act,” which is unnecessary and has little to do with vehicle repair. Last month, NADA/ATD sent letters to the House of Representatives and the Senate strongly opposing H.R.1566/S.1379, as unnecessary and overbroad. The House bill may also exclude franchised dealers from receiving vehicle-generated data needed to repair a vehicle that is outside their franchise. Supporters are working to attach H.R.1566/S.1379, to next year’s Surface Transportation Reauthorization bill. TAX LEGISLATION President Donald Trump signed into law the “One Big Beautiful Bill Act” (P.L. 119-21) on July 4. For NADA members, the passage of the bill represents another significant victory this year, as many of the association’s tax priorities were addressed. NADA fought for many favorable tax provisions that were included in this landmark legislation such as the permanent: pass-through deduction, estate tax exemption, reversion to EBITDA for the interest deduction limit, and bonus depreciation. The Senate’s version of the bill would have retroactively repealed the EV tax credit for leased leased EVs. NADA strongly opposed this provision. The final bill included NADA’s request for a reasonable phase-out (Sept. 30) for the tax credit. 12 NEW JERSEY auto retailer
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