Gabrielle Abinion of Fox Valley Volkswagen in St. Charles, Illinois was honored with this year's "Ally Sees Her" award for her proven leadership in the automotive industry, becoming a dealership general manager at only 25-years old – decades ahead of most in that role.
Juan Niebles, Ally's senior director of auto sales, presented Abinion, a general manager at Fox Valley Volkswagen, which has been owned by Abinion's family since 2006, with the award during the National Association of Minority Automobile Dealers (NAMAD) annual conference.
"Gabrielle is a trailblazer in automotive retail becoming a general manager at 25 years old and an inspiration to the next generation of minority dealers," said Niebles.
Abinion, a proud Filipina, embodies the spirit of the Sees Her award. This award was established by Ally and NAMAD six years ago to recognize significant achievements of women of color in the auto industry and their commitment to strengthening their communities.
"Growing up in the automotive industry, I always admired my mentors and coaches, most of whom were men," Abinion said. "However, my perspective on the industry changed when I started selling cars at a Land Rover Jaguar store and was taken under the wing of an African American saleswoman, Alicia Houston, right out of college. She taught me the importance of having women in our industry and how by challenging traditional masculine norms, we can create a culture of diversity that inspires innovation, growth, and meaningful change."
To celebrate Abinion's commitment to giving back to her community, Ally will donate $10,000 that will be split between two non-profit organizations: Cal's Angels, which supports pediatric cancer research and helps families affected by the disease, and Naomi's House, which provides housing, job-skill training, and mental health services to victims of commercial sex trafficking. Through Abinion's leadership, the dealership has donated 10 vehicles to graduates of the Naomi's House program since 2019 to give each participant a fresh start.
The St. Charles native and Loyola University-Chicago graduate began her career in the automotive industry as a sales consultant at Howard Orloff Imports in Chicago. She credits mentoring as instrumental to her development, leading to a promotion to finance manager at the Land Rover Jaguar Volvo franchise dealership within a year. She has completed the NCM's General Management Executive Program and Ally's Financial Leadership Academy, which are specialized dealer training programs. Abinion is also a member of the General Motor's Dealer Development National Candidate Pool. In February 2023, she was selected as a finalist for the "What Drives Her Retailer of the Year" award at the Chicago Auto Show.
The Equal Employment Opportunity Commission (EEOC) has published draft enforcement guidance regarding workplace harassment. Highlights of the proposed guidance include broad protections for LGBTQ+ employees, virtual workplace harassment, and non-work-related social media activity that contributes to a hostile work environment.
As a member of CATA, you have the ability to speak with a SESCO Consultant on these exact matters free of charge under our partnership with SESCO. You also have the ability to engage SESCO for a review of your current employee handbook at a reduced fee of $350.00. This review and follow-up report of findings will determine if you have necessary updates to the handbook and they can work with you on structuring compliant policies. We suggest you reach out to SESCO Management Consultants via email sesco@sescogmt.com or via telephone 1-800-764-4127 and speak with a consultant.
In the highly competitive automotive industry, pricing plays a pivotal role in shaping customer perceptions and driving business success. Yet, many General Managers (GMs) harbor a series of misconceptions that could be hindering their Fixed Ops profitability.
Each misconception is dispelled in Dynatron’s latest blog you can check out here.
Understanding these misconceptions is crucial for GMs to optimize Fixed Ops profitability, enhance customer retention, and ultimately succeed in a rapidly evolving market. By debunking these misconceptions, GMs can make informed decisions that benefit both their dealership and their valued customers, ensuring long-term success!
On October 26, Automotive News is hosting its annual Retail Forum conference at the Four Seasons in Chicago. Top automotive retail leaders will come together to discuss some of the biggest issues facing dealerships, including affordability, consolidation, artificial intelligence, and EV supply/demand.
Automotive News is offering all CATA members a special 33% discount on tickets to the conference. To learn more about the event and register, visit http://autonews.com/retailforum and use the code CATA-FF at checkout.
The Department of the Treasury and IRS have announced that, starting Jan. 1, 2024, buyers of eligible plug-in hybrids and electric vehicles can receive their federal tax credit at purchase. Under the existing rules, those buyers had to wait until filing taxes for the year in which they purchased the car.
Under the new guidelines, dealerships must first register with the IRS. Shoppers purchasing a vehicle from a registered dealer will then be able to transfer the tax credit to the dealer, thereby directly lowering the initial purchase price. The IRS expects to issue the payment to the dealer within 72 hours of the sale.
Buyers will not be required to transfer their credit to the dealer. If they choose not to, the process of claiming the tax credit will remain the same as it is under the existing protocols. The Treasury Department also noted that payments issued to dealers will not be treated as a tax credit to the dealers and therefore will not affect their tax liability. The payment from the dealer to the consumer also will not be counted as income for the consumer, so their tax liability will not be affected, either. However, if the buyer takes the credits and their income exceeds the federal tax credit’s thresholds for both the year of purchase and the year prior, they will need to repay the credits come next tax season.
The updated guidelines affect only the timing of the payment to purchasers; other aspects of the Inflation Reduction Act EV tax credit remain unchanged. The credit for new EVs maxes out at $7,500, and buyers of used vehicles can claim up to $4,000.
The exact amount of the credit is based on where the vehicle and its battery pack are assembled and where critical materials for the battery are sourced. The credits are only available on new cars with a sticker price of less than $55,000 and trucks or SUVs with a sticker below $80,000; used EVs can’t have a sale price of more than $25,000. Income limits of $150,000 for single filers, $300,000 for those filing taxes jointly and $225,000 for the head of a household also remain in place.
The IRS expects to reimburse dealers who transfer advance payments for clean vehicle tax credits “on the hood” within 72 hours of submission via electronic payment. Additionally, Treasury said that consumers – as opposed to dealers – will be responsible for attesting to their income for the purpose of determining eligibility for clean vehicle tax credits. This information should allay the biggest dealer concerns with their role in facilitating advanced clean vehicle tax credits to consumers at the point of sale starting in January 2024.
The information regarding the EV tax credit advance payments was part of an announcement from the Treasury Department which is available here. The announcement contained other information regarding the implementation of the EV tax credits; for instance, details about how dealers will register with the IRS via the portal. As a result of this guidance, the IRS updated the frequently-asked-questions (FAQs) for the clean vehicle credits.
Junior Achievement (JA) is a non-profit dedicated to helping students Kindergarten through college be better prepared for their futures by helping them achieve success in financial literacy, work readiness, and entrepreneurship. Through hands-on engagement with business and community volunteers, JA brings real-world experiences into the classroom and introduces students into what they can expect culturally and functionally in the workplace.
JA is currently looking for volunteers in the automotive field for our its Career Speaker Series. In JA Career Speakers Series, a volunteer guest speaker visits the classroom and shares information about his or her career, work, and education experience. The speaker may bring props, samples of his or her work, or other visuals to help engage students. Activities and implementation design will vary based on grade level. You will have an opportunity to share information about pivot points in your life and how you handled roadblocks you encountered. When asked,100% of teachers responded that the JA curriculum exposes students to new career possibilities, and you can be a part of that introduction. JA needs your voice at the events below. If you are able to participate, please contact janderson@jachicago.org and Jennifer Anderson will provide all the details you need to highlight careers in the automotive industry.
Apple Chevrolet was named as one of General Motors Dealers of the Year
The CATA successfully concluded its second annual fall Chicago Drives Electric experiential test drive and educational event last week. In alignment with National Drive Electric week, Chicago Drives Electric aimed to raise awareness of the many benefits of all-electric, hybrid and plug-in hybrid vehicles and help consumers understand how electric vehicles (EVs) can fit individual needs and lifestyles. Featured brands available for test drives included: Audi, Cadillac, Chrysler, Ford, Hyundai, Jeep, Kia, Nissan, Toyota, Volkswagen and Volvo.
In addition to putting interested parties behind the wheel of a wide array of the latest EVs, event organizers brought in a variety of experts to help break down the various aspects of EV ownership and tackle complex topics such as range anxiety; at-home charging solutions; on-the-go charging and infrastructure; tax credits and incentives; and where people can begin their search. On-hand experts included Cars.com, ComEd, Drive Chicago and Powering Chicago.
Between test drives, attendees enjoyed freshly grilled tailgate food courtesy of Chicago-based grill company, Weber, who demonstrated its Lumin all-electric grill and was powered by two different EVs, a Ford F-150 Lightning and a Kia EV6.
Over the course of the weekend, the event attracted 1,437 total registered drivers and netted more than 5,800 in-vehicle experiences, doubling the attendance from the previous year. The buzz generated from the event carried over to social media; Chicago Drives Electric reached more than 4.6 million, according to initial results from media measurement firm Meltwater.
“We are thrilled to see this event grow and involve more brands for consumers to test drive and experience,” said CATA Chairwoman Kelly Webb Roberts. “It’s clear, based on sold out registrations, that interest in EVs is still prominent among today’s new-car buyers. In fact, nearly 50 percent of Chicago Drives Electric attendees indicated that they are likely to consider purchasing an EV.”
“There’s no other event quite like Chicago Drives Electric where people were able to test drive a wide range of EVs back-to-back, speak directly with product specialists about the vehicles and meet with experts who addressed questions about EV ownership and charging – all in one place,” Webb Roberts continued.
“We’re planning to bring back the large Chicago Drives Electric indoor test track and EV education hub to the 2024 Chicago Auto Show,” said Chicago Auto Show Co-General Manager Jennifer Morand. “Last year’s test track featured models from five different brands. We look forward to continuing that experience at the 2024 show.”
Martin Lavelle, Senior Business Economist at the Federal Reserve Bank of Chicago is requesting that you fill out a short survey (nine questions) in order to help him and the Federal Reserve Bank of Chicago better understand current business and economic conditions, especially with the threat of a government shutdown and the ongoing UAW strike. The information received will be kept anonymous and will be added to other economic intelligence collected by the Federal Reserve Bank of Chicago. The summary of economic intelligence collected by the Federal Bank of Chicago will be published in the next edition of the Federal Reserve’s Beige Book on October 18th. The Federal Reserve Beige Book is the Fed’s current update on economic conditions that’s published 2 weeks before each Federal Open Market Committee Meeting (FOMC). If you have any additional questions or concerns, please contact Martin Lavelle at mailto:martin.lavelle@chi.frb.org.
Thank you for your willingness to participate, it’s greatly appreciated. Click here to take the survey!
With recently enacted federal employee protection regulations, proposed changes to the federal wage payment laws, updates to the I-9 and E-Verify processes, it is vital that individuals, especially human resources professionals understand the impact these regulatory changes will have on your organization.
SESCO will be conducting a webinar on October 10, 2023, titled 2023 Human Resources Regulatory Update, from 2:00 pm to 3:45 pm EST. The cost will be $60.00 per registrant. Click here to register!
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