NADA 2023 WASHINGTON CONFERENCE Four hundred dealers and dealer association executives from across the country gathered in the nation’s capital in September for the annual NADA Washington Conference. With all the activity going on in Washington, D.C., it is critical that we keep car dealer issues at the forefront. MADA Chair Trudy Moody, NADA Director Michael Joe Cannon, Auto PAC Chairman Roger Bacon and MADA President Marty Milstead carried a direct message to the Mississippi Congressional delegation. Several critical legislative priorities are at the forefront of discussions in Congress. These priorities revolve around key issues affecting both consumers and small businesses. In this article, we will delve into three specific legislative matters that demand attention and action: the proposed “Vehicle Shopping Rule” by the Federal Trade Commission (FTC), electric vehicle mandates and the “Supply Chain Disruptions Relief Act.” 1. Redoing the FTC’s $38 Billion “Vehicle Shopping Rule” The Federal Trade Commission’s proposed “Vehicle Shopping Rule” has sparked considerable controversy. This rule, which aimed to regulate the car-buying process, raised concerns that it would burden consumers and small businesses with excessive paperwork and prolong the sales process unnecessarily. A crucial point of contention was the absence of credible data-driven analysis and limited time for public comment, potentially leading to unintended consequences. A comprehensive study conducted by the Center for Automotive Research estimated that the rule’s 10-year cost would exceed $38 billion, casting doubts on its benefits for 24
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