RD374 - 2014 Biennial Report Virginia Motor Vehicle Dealer Board


Executive Summary:
I am pleased to provide to you the Motor Vehicle Dealer Board's Biennial Report as required by Va. Code § 46.2-1503.5. I have prepared this report on behalf of the Motor Vehicle Dealer Board (Board), and I am responsible for the integrity and objectivity of the information presented herein.

The Board has been in place for nearly eighteen years. In that time, we have made every effort to educate the dealer community on the laws and regulations governing their industry. The approach of the Board and its staff is to education dealers so that they will have the necessary knowledge and tools to further the professionalism of the automobile dealer industry. In addition, the Board has taken a pro-consumer stand in its administration of the Transaction Recovery Fund; enforcement of Advertising Regulations and by assisting consumers when they are having a dealer related problem.

Upon reviewing the report, I'm sure you will agree that the Board is making a positive impact upon the dealer community and the motor vehicle consumer. We thank you for your support as we continue our efforts to minimize regulations and enhance consumer protection.

Sincerely,

/s/ Bruce Gould
Executive Director