Congress is back from its summer recess and is expected to address a number of issues, including highway funding and safety recall issues. Before adjourning in late July, the Senate passed its version of a Highway Bill that included a provision that would require all rental car companies to ground all vehicles in their fleets subject to an unremedied safety recall. A proposed amendment to prohibit the sale, at retail or wholesale, of used unremedied recalled vehicles held by dealers did not make it into the Senate bill but it is expected to be offered as an amendment to the House version.
NADA believes that the proposed grounding amendment could cripple the used car market, leaving consumers with diminished trade-in values that will impact the sale of new vehicles. In this respect, NADA has commissioned this brief dealer survey to help identify and measure the impact of the proposed recall amendment. It is requested that you or appropriate staff members take the time as soon as possible to complete the survey. It is expected the House will hold a mark-up hearing on the issue later this month or early next month, therefore completion of the survey is time-critical.
Thank you in advance for your help in this important matter.