NJ A4380

Requires motor vehicle franchisors to compensate franchisees at 1.5% of a used vehicle's value per month when a stop-sale or do-not-drive recall notice is issued and repair parts are unavailable for more than 30 days

Mandates the New Jersey Motor Vehicle Commission include open recall notices with vehicle registration and renewal notices, directing owners to the National Highway Traffic Safety Administration's recall database

Establishes that motor vehicle franchisees must be reimbursed at prevailing retail rates for labor, parts, and diagnostic work performed under warranties, extended warranties, maintenance plans, and recalls

Grants standing to motor vehicle franchisee associations to bring legal action on behalf of members for violations of the Franchise Practices Act without requiring individual member participation

Prohibits franchisors from charging back warranty or recall claims unless proven fraudulent, and requires written notice within 30 days of audit with detailed explanation of proposed chargebacks; limits audit period to 12 months after claim payment