OFFICIAL PUBLICATION OF THE Illinois Automobile Dealers Association

April 27, 2021

Consumers-Will-Lose

Consumers Will Lose Under State’s Lax Enforcement: Auto Dealers Sue Illinois Secretary of State

Seeking to protect consumers who buy new cars in Illinois, leading trade associations filed suit on March 25th against the Illinois Secretary of State and two vehicle manufacturers asking that a Cook County judge enforce existing state laws regulating sales.

Consumers Will Lose Under State’s Lax Enforcement: Auto Dealers Sue Illinois Secretary of State Read More »

An Eruption Ahead? Pent Up Dealership Buy-Sell Activity in a Post Covid-19 Future

Counselors’ Corner: An Eruption Ahead? Pent Up Dealership Buy-Sell Activity in a Post Covid-19 Future

Making the 2021 annual list of the National Association of Dealer Counsel’s (NADC) top legal trends for automobile dealers is again, buy-sell activity. As reported by dealers and brokers, after the chaotic business climate of 2020 — a steady upswing of dealership buy-sell activity in the latter half of 2021 is expected. Pent-up buy-sell transactional activity appears to be a further fallout of the COVID-19 pandemic with experts speculating that valuations will reach record highs for nearly all brands.

Counselors’ Corner: An Eruption Ahead? Pent Up Dealership Buy-Sell Activity in a Post Covid-19 Future Read More »

presidents-message

IADA President’s Message

Iwant to encourage each of you to become more involved in the legislative process to help our industry. Reach out to your legislators and advocate on behalf of our industry. These are the people who will make decisions that will have an impact on our industry and your dealership. If you don’t know who represents you, you know it is time to introduce yourself! We are already beginning to see a record number of legislative

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