Last week, 38 heavy-duty truck dealers and Automotive Trade Association Executives (ATAE) from 17 states attended ATD’s legislative fly-in. In all, 92 meetings were held on Capitol Hill to rally congressional support for S. 3052 and H.R. 2946, bills that would repeal the FET.
For businesses like Southern Auto Group, the U.S Department of Labor – through its HIRE Vets Medallion Program – will recognize employers who recruit, retain and employ veterans, and who offer charitable services in support of the veteran community.
“It’s the highest excise tax Congress levies on a percentage basis on any product, including alcohol and tobacco,” said ATD Chairwoman Jodie Teuton. “It’s time for Congress to repeal this tax.”
In a new MyDealership.org video, ATD Chairwoman Jodie Teuton discusses the importance of dealerships to their local communities as employers offering well-paying career opportunities and generating taxes to support local and state governments.
The FET delays the purchase of new heavy-duty trucks, preventing cleaner, more efficient and safer trucks from operating on roadways.
The new NADA Professional Series provides training to new or high-potential department managers working in sales, office, parts and service.
Rep. Rooney, who met with employees and toured the dealership, was the first cosponsor of H.R. 2946, a bill that would repeal the 12-percent federal excise tax (FET) on the sale of heavy-duty trucks and trailers.
“Overall employment at U.S. truck dealerships is the highest it has been in the last five years,” said ATD Senior Economist Patrick Manzi. “Truck dealers continue to contribute to their communities with jobs that pay well and offer the ability for advancement.”
Teuton urged dealers to take an interest in legislative issues – such as the President’s infrastructure proposal, changes to the tax code and regulatory burdens – that impact truck dealerships.
Part of the funds will be used to renovate the Auto Skills Center at the base—from remodeling the facility, purchasing tools, re-certifying the lifts and adding eight service bays.