CONTENTS Vol. 35 No. 1 Chairman John Alfirevich / 708.429.3000 Apple Chevrolet, Inc. 8585 W. 159th St. Tinley Park, IL 60477 Vice Chairman Jamie Auffenberg / 618.624.2277 St. Clair Auto Mall Auffenberg Auto Mall 1130 Auffenberg Ave. Shiloh, IL 62269 Secretary/Treasurer Rick Curia / 815.288.4455 Ken Nelson Auto Group 1100 N. Galena Ave. Dixon, IL 61021 Executive Director Joe McMahon / 217.753.0220 Illinois Automobile Dealers Association 300 W. Edwards, Springfield, IL 62704 2024 OFFICERS ©2024 Illinois Automobile Dealer News | The newsLINK Group, LLC. All rights reserved. Illinois Automobile Dealer News is published four times each year by The newsLINK Group, LLC for the Illinois Automobile Dealers Association (IADA) and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the IADA, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. The Illinois Automobile Dealer News is a collective work, and as such, some articles are submitted by authors who are independent of the IADA. While the Illinois Automobile Dealer News encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855.747.4003. Illinois Automobile Dealers Association 300 W. Edwards St. Springfield, IL 62704 T 217.753.0220 / F 217.753.3424 IllinoisDealers.com 6 Scan here to check out the new, interactive IllinoisDealers.com website! 14 6 CHAIRMAN’S MESSAGE IADA Charges Ahead By John Alfirevich, Chairman, Illinois Automobile Dealers Association 8 Legislative Priorities By NADA 10 COUNSELOR’S CORNER New Corporate Ownership Reporting Requirements for Entities Uncle Sam Wants To Know Who is Behind That Corporate “Veil”? By Julie Cardosi, Esq., Law Office of Julie A. Cardosi, P.C. 12 TIME Dealer of the Year Nominee Michael Ettleson 14 Hopkins Family Makes History as Truck Centers Inc. Earns Second ATD Dealer of the Year Award 16 Knowing the Value of Your Dealership: A Key Advantage By Maxime Théorêt, Managing Partner — DSMA (Dealer Solutions Mergers & Acquisitions) and Jennifer Rafael, Partner and Vice President, Midwest — DSMA 19 How to Build a Consumer-Friendly Service Experience That Is Efficient By Sharon Kitzman, Dominion DMS 22 Brushing Up on the OSHA Top 10 By Federated Insurance 4 Illinois Automobile Dealer News
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