Category: Industry bulletins

Please note AMVIC is aware of recent phishing activity, attempting to get individuals to click on a link within an email that goes to a fraudulent website mimicking AMVIC’s online portal. Licensees and registrants should only access the online portal through the amvic.org website. AMVIC’s systems including AMVIC’s online portal and amvic.org remain secure. AMVIC will … Continued

An accurate and compliant bill of sale not only increases transparency and builds trust with your consumers, it acts as a written record of the transaction should any dispute arise. Automotive businesses have an obligation to create and maintain complete and accurate financial records according to the Consumer Protection Act (CPA) 132(1) and the Automotive Business … Continued

During an AMVIC inspection, inspectors will examine sample transactions from the previous three-year period, which must be made available to the inspector. Automotive business documents are reviewed thoroughly during an AMVIC inspection. Ensuring accuracy on your documents will protect the consumer, your salespeople and your business. Lately, AMVIC inspectors have reported encountering inconsistencies and inaccurate … Continued

2022 – 2023 AMVIC annual report highlights: The 2022 – 2023 annual report can be found on amvic.org.

AMVIC sends out a monthly industry-focused bulletin to help automotive businesses and salespeople stay informed, understand the laws and ensure compliance. Perhaps you are new to the industry, or you missed a bulletin in the past three months. Below are the most recent industry bulletins in order of publication, to help ensure you stay up-to-date … Continued