OFFICIAL PUBLICATION OF THE MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION

Pub. 1 2023 Issue 4

The Push To Stop the Misguided FTC Vehicle Shopping Rule

In July of 2022, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) and solicited public comment on a Rule regarding unfair and deceptive acts or practices under its authority in regard to auto dealers. The Rule would prohibit auto dealers from making misrepresentations during the car buying journey, including selling, leasing or arranging financing for motor vehicles. It would require accurate pricing disclosures in sales discussions and advertising and would require dealers to obtain a consumer’s express, informed consent for all charges. It would also prohibit the sale of add-on products or services that give no benefit to the consumer. Additionally, dealers are required to keep records of advertisements and customer transactions. The public comment period closed on Sept. 12, 2022.

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Hallmark Hyundai North Celebrates Grand Re-Opening with Ribbon Cutting

In December of 2021, Chief Automotive Group purchased Hallmark Hyundai North, conveniently located right off I-55 in Ridgeland, Mississippi. The building was a previously owned Hyundai dealership, and plans for remodeling were started on day one. About six months later, the physical construction started.

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Regulation 8

A Guide for Mississippi Franchised Automobile Dealers

Regulation 8, established by the Mississippi Motor Vehicle Commission (MMVC), outlines specific rules and requirements for franchised automobile dealers in Mississippi regarding Documentary/Service fees. It is crucial for dealerships to understand and adhere to these regulations to ensure compliance with the law and avoid potential fines and/or penalties.

Regulation 8

A Guide for Mississippi Franchised Automobile Dealers

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John Scarbrough Honored for Friends of Children’s Hospital Board Service

Earlier this year, on June 6, Friends of Children’s Hospital (FCH) bid farewell to its esteemed Board Chairman, John Scarbrough. John serves as General Manager of Paul Moak Automotive in Jackson. John, who has devoted an impressive 14 years to the organization, including the past two years as Board Chairman, concluded his term at the helm of one of Mississippi’s most impactful charitable organizations.

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MADA Auto PAC 2023 Difference Makers

Gold Star Club (Pledged $5,000+ Annually) Cannon Kirk, Kirk Auto CompanyJoe Marshall, Barnes Crossing FordWalt Massey, Walt Massey Automotive Presidents Club (Pledged $1,000 or More Annually) Bob Aubrey, Patty Peck HondaRoger Bacon, Mossy of Picayune, Nissan of PicayuneBob Boyte, Bob Boyte HondaRyan Brinkmeier, Mac Haik Ford JacksonMichael Joe Cannon, Cannon Motor CompanyManny Carames, Mac Haik Jackson

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MADA Auto PAC Plays Major Role in 2023 Elections

In this year’s campaigns, where every vote counts, the Mississippi Automobile Dealers Association (MADA) Auto PAC emerged as a driving force in the statewide and legislative elections. Spearheaded by Chairman Roger Bacon and the dedicated Board of Directors, MADA Auto PAC played a pivotal role in financially supporting candidates who champion issues important to franchised car and truck dealers.

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