Automobile Dealer Economic Rights Restoration Act
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Automobile Dealer Economic Rights Restoration Act
The Automobile Dealer Economic Rights Restoration Act (ADERRA), House Bill HR2743 and Senate Bill S1304, were introduced in the 111th United States Congress to restore the economic rights of car dealers. Congressman Frank Kratovil (D-MD) and Congressman Dan Maffei (D-NY) introduced H.R.2743 with Majority Leader Steny Hoyer (D-MD). Background Pursuant to their loan agreement with the U.S. Treasury and as a condition of receiving additional TARP funding, General Motors and Chrysler corporations announced the closure of automobile dealerships in June 2009, and instructed dealerships to either close in 26 days (Chrysler) or participate in a "wind down" agreement until October 2010 (GM) at which time franchise agreements would not be renewed. Behind the legislation Legislation was drafted using Arent Fox bankruptcy attorneys in Washington, DC. Dealers created a small committee including Spitzer Automotive Family, DARCARS Automotive Family and Fitzgerald Automotive Family. The ...
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111th United States Congress
The 111th United States Congress was a meeting of the legislative branch of the United States federal government from January 3, 2009, until January 3, 2011. It began during the last weeks of the George W. Bush administration, with the remainder spanning the first two years of Barack Obama's presidency. It was composed of the Senate and the House of Representatives. The apportionment of seats in the House was based on the 2000 U.S. Census. In the November 2008 elections, the Democratic Party increased its majorities in both chambers (including – when factoring in the two Democratic caucusing independents – a brief filibuster-proof 60-40 supermajority in the Senate), and with Barack Obama being sworn in as President on January 20, 2009, this gave a Democrats an overall federal government trifecta for the first time since the 103rd Congress in 1993. However, the Senate supermajority only lasted for a period of 72 working days while the Senate was actually in sess ...
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National Automobile Dealers Association
The National Automobile Dealers Association (NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia. As the automotive retail industry's primary trade association, NADA monitors federal legislation and regulation affecting dealerships and publishes forecasts and reports about industry trends. American Truck Dealers, established in 1970, is a division of NADA representing nearly 1,800 heavy- and medium-duty truck dealerships throughout the United States. Overview NADA represents nearly 16,500 new car and truck dealerships, with both domestic and international franchises in the United States. The organization serves dealers by regularly representing dealerships before Congress and other federal government agencies. NADA monitors federal legislation affecting dealership operations and vehicle sales, including taxes, trade agreemen ...
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Auto Dealerships
Auto may refer to: * An automaton * An automobile * An autonomous car * An automatic transmission * An auto rickshaw * Short for automatic * Auto (art), a form of Portuguese dramatic play * ''Auto'' (film), 2007 Tamil comedy film * Auto (play), a subgenre of dramatic literature * Auto (magazine), an Italian magazine and one of the organizers of the European Car of the Year award * A keyword in the C programming language used to declare automatic variables * A keyword in C++11 used for type inference * Auto (Mega Man), a character from ''Mega Man'' series of games * Auto, West Virginia * Auto, American Samoa * AUTO, a fictional robot in the 2008 film ''WALL-E'' See also * Otto Otto is a masculine German given name and a surname. It originates as an Old High German short form (variants ''Audo'', ''Odo'', ''Udo'') of Germanic names beginning in ''aud-'', an element meaning "wealth, prosperity". The name is recorded fro ...
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Automotive Industry In The United States
The automotive industry in the United States began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the world to have a mass market for vehicle production and sales and is a pioneer of the automotive industry and mass market production process. During the course of the 20th century global competitors emerged especially in the second half of the century primarily across European and Asian markets, such as Germany, France, Italy, Japan and South Korea. The U.S. is currently second among the largest manufacturer(s) in the world by volume. American manufacturers produce approximately 10 million units annually. Notable exceptions were 5.7 million automobiles manufactured in 2009 (due to crisis), and more recently 8.8 million units in 2020 due to the global COVID-19 pandemic. While production peaked during the 1970s and early 2000s at levels of 1 ...
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United States Federal Commerce Legislation
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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Inspector General
An inspector general is an investigative official in a civil or military organization. The plural of the term is "inspectors general". Australia The Inspector-General of Intelligence and Security (Australia) (IGIS) is an independent statutory office holder who reviews the activities of the six Australian intelligence agencies under IGIS jurisdiction. The Inspector-General of the Australian Defence Force conducts internal reviews of administrative action, investigates Service Police professional standards breaches and other significant incidents including Service deaths, and reviews and audits the operation of the military justice system independently of the chain of command. The Inspector-General Australian Defence Force is appointed by the Minister for Defence. Bangladesh The chief of police of Bangladesh is known as the inspector general of police. He is from the Bangladesh Civil Service police cadre. The current inspector general of police is Dr. Benazir Ahmed, and his pred ...
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Arbitration
Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial ...
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Barack Obama
Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the United States. He previously served as a U.S. senator from Illinois from 2005 to 2008 and as an Illinois state senator from 1997 to 2004, and previously worked as a civil rights lawyer before entering politics. Obama was born in Honolulu, Hawaii. After graduating from Columbia University in 1983, he worked as a community organizer in Chicago. In 1988, he enrolled in Harvard Law School, where he was the first black president of the '' Harvard Law Review''. After graduating, he became a civil rights attorney and an academic, teaching constitutional law at the University of Chicago Law School from 1992 to 2004. Turning to elective politics, he represented the 13th district in the Illinois Senate from 1997 until 2004, when he ran for the U ...
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Jay Rockefeller
John Davison "Jay" Rockefeller IV (born June 18, 1937) is a retired American politician who served as a United States senator from West Virginia (1985–2015). He was first elected to the Senate in 1984, while in office as governor of West Virginia (1977–85). Rockefeller moved to Emmons, West Virginia, to serve as a VISTA worker in 1964 and was first elected to public office as a member of the West Virginia House of Delegates (1966-1968). Rockefeller was later elected secretary of state of West Virginia (1968–1973) and was president of West Virginia Wesleyan College (1973–1975). He became the state's senior U.S. senator when the long-serving Senator Robert Byrd died in June 2010. Rockefeller is the great-grandson of oil tycoon John D. Rockefeller, who died less than a month before Jay's birth. He was the only serving politician of the Rockefeller family during his tenure in the United States Senate, and the only one to have held office as a Democrat, in what has been ...
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National Association Of Minority Auto Dealers
{{Refimprove, date=May 2007 The National Association of Minority Auto Dealers (NAMAD) was developed to assist in promoting minority auto dealers in the United States. NAMAD was initially founded to expand and support the number of African American auto dealer franchisees. The organization later expanded its mandate and opened the ranks of the organization to include other minorities. NAMAD was founded in 1980 and has grown to a membership of 650 minorities seeking to obtain their own dealerships. In recent years, over 100 owner-operator members of NAMAD have employed 10,000 employees, and generated over 6 billion in sales within the industry. See also Automobile Dealer Economic Rights Restoration Act The Automobile Dealer Economic Rights Restoration Act (ADERRA), House Bill HR2743 and Senate Bill S1304, were introduced in the 111th United States Congress to restore the economic rights of car dealers. Congressman Frank Kratovil (D-MD) and Cong ... References NAMADRestor ...
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Fitzgerald Auto Malls
Fitzgerald Auto Mall is a family owned and operated auto dealership that was founded in 1966, with its first location opening in Bethesda, Maryland. As of 2014, Fitzgerald Auto Mall ranked number 59 on the list of the "Top 125 Dealership Groups" in the U.S., which is published annually by ''Automotive News''. Fitzgerald dealer locations appear five times on the 2013 WardsAuto e-Dealer 100, at No. 8, No. 25, No. 30, No. 43 and No. 98. History In 1966, Fitzgerald Auto Mall was founded with a Colonial Dodge (now a Fitzgerald Hyundai-Subaru) dealership in Rockville, Maryland. Fitzgerald has used no-haggle pricing since 1979 and it encompasses 20 dealerships across Maryland, Pennsylvania, and Florida that sell 20 different brands. In 2003, Fitzgerald Auto Mall became the first automotive dealership group to have achieved ISO 9001 and ISO 14001 certifications. Since 2003, Fitzgerald Auto Mall remains the only car dealer group in North America to have achieved ISO 9001 and ISO 14001 cert ...
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Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ...
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