OFFICIAL PUBLICATION OF THE Illinois Automobile Dealers Association
2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever — and 2024 is expected to be even worse. Beyond the payments, the average cost of each ransomware attack last year was over $5 million. Given these unprecedented statistics, ransomware attacks […]
Of all the leaders you have encountered, who has been the best? Now, who was the worst? Which one was easier to remember? There are a plethora of bad managers and leaders but very few great ones. Often when the topic of leadership arises, we discuss aspects like vision, mission, values and accountability. All these
The 5 Cs of Attractive Leadership Read More »
In our Jan. 30, 2024, bulletin, we reported on Mercedes-Benz’s attempt to do an end-around the Motor Vehicle Review Board hearing process created under the Illinois Motor Vehicle Franchise Act. You can view all our IADA bulletins at www.IllinoisDealers.com. In Mercedes-Benz USA LLC v. JP Motors Inc. (2023 U.S. Dist. Lexis 211132), Mercedes-Benz exercised a
The Federal Trade Commission (FTC) just announced, at the time of this writing, its ban on most noncompetition agreements between employers and workers utilized by businesses throughout the U.S. The new FTC Rule, originally proposed in 2023, is set to become effective 120 days after its publication in the Federal Register, which will depend on
Counselor’s Corner: Federal Trade Commission to Institute Ban on Non-Compete Agreements Read More »
An election year always makes for a unique legislative session. Our team is vigilantly monitoring the legislative developments to safeguard our industry’s interests. Currently, IADA is voicing strong opposition to the newly proposed legislation, HB 4629 (Morgan) and SB 3331 (Aquino), in the ongoing debate over so-called “junk fees.” While the intention behind these bills
Executive Director’s Message: Fighting for the Illinois Franchise Dealer Model Read More »
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