New Jersey Dealer Mike DeSilva to Serve as AIADA’s 2023 Chairman

The American International Automobile Dealers Association (AIADA) has named New Jersey dealer Mike DeSilva as its 2023 chairman. DeSilva, who is the co-owner of Liberty Auto Group in northern New Jersey, accepted the chairman’s gavel during an AIADA event in Dallas, Texas on Friday night.

Manchin Introduces Bill to Amend EV Tax Credit

On Wednesday, Senator Joe Manchin (D-WV) introduced legislation that would amend the Inflation Reduction Act and its Clean Vehicle Tax Credit (CVTC) by directing the U.S. Treasury Department to immediately deny the $7,500 tax credit for vehicles that do not meet battery sourcing requirements.