BOARD LISTING

James Outten, Outten Chevrolet
President
Auto Show Committee

Brent Forest, Ciocca Dealerships
Secretary–Treasurer 

Keith Muir, Star Buick GMC
Immediate Past President

Sam Borrelli, Faulkner Chevrolet Cadillac
Past President

Todd Egry, Wind Gap Chevrolet
Education Committee

Dave Kopew, Faulkner Subaru
Donations Committee

Todd Haldeman, Ford of Kutztown
Past President, Events Committee

Gregory Williams, Rentschler Chevrolet
Education Committee

Dean Rothrock, Rothrock Motors
Honorary Member

Dan Moyer, GLVADA
Executive Director

GLVADA HOLIDAY PARTY
Make Sure You Register!

Wednesday, December 10, 2025
Historic Hotel Bethlehem

Oh What a Night ✨
For the past 19 years, the Greater Lehigh Valley Auto Dealers Association (GLVADA) has celebrated the season with its members, guests, and associates at our highly anticipated Holiday Party. Each year, this event brings together up to 90% of our Dealer Principals and Minority Owners — making it a premier opportunity for connection and celebration.
This year, we’re bringing the glitz and glamour of Motown, Doo Wop, Pop, and Rock to Bethlehem’s Historic Hotel Bethlehem for a night you won’t forget!
From casino games and showgirls to live entertainment by The Suits, we promise an evening full of sparkle, music, and fun.

Farewell to the Penny
U.S. Treasury Begins the Phase-Out of Pennies

After more than two centuries in circulation, the iconic U.S. penny is being phased out. The U.S. Treasury Department, following a directive from President Donald Trump earlier this year (February 2025), has ceased ordering new penny blanks, effectively ending production of the one-cent coin once current inventories are depleted.

The decision comes after years of debate over the coin’s cost and practicality. According to the U.S. Mint, each penny costs about 3.7 cents to produce—nearly four times its face value—resulting in an annual loss of over $85 million in 2024 alone.

Though production has stopped, the penny remains legal tender. Americans can continue to use them for purchases, deposit them, or save them. However, as supplies run out, the familiar copper coin will gradually disappear from circulation—raising new questions about how everyday transactions will change.

The Impact on Consumers and Businesses

Retailers, banks, and consumers are beginning to feel the effects of reduced penny circulation. With Federal Reserve banks no longer able to order or distribute pennies, some institutions and businesses are limiting or eliminating penny use altogether.

Other countries, such as Canada and Australia, have already phased out their smallest coins. In many cases, transactions are rounded to the nearest five cents when paying in cash, while digital payments remain unchanged. Similar rounding practices may become more common in the U.S. as pennies grow scarce.

What Consumers Can Do

• Use electronic payments. Debit and credit cards eliminate the need for coin change.

• Keep a few pennies handy. There are still millions in circulation—often tucked away in jars and drawers. If you prefer using cash, carry a small stash.

• Don’t expect them to increase in value. Despite the end of production, most pennies will not become collectible. Their sheer volume in circulation means they’ll hold only face value.

Guidance for Businesses

• Review pricing strategies. Consider rounding prices to minimize the need for pennies in cash transactions.

• Expand digital payment options. Accepting cards or mobile payments can streamline sales as coins become less common.

• Monitor industry updates. As federal and state policies evolve, stay informed about any rounding or pricing regulations that may emerge.

The end of the penny marks a symbolic shift in American currency—one that reflects how our economy and daily habits are moving further toward a digital, cashless future.

OXO is back as a proud sponsor of our Bake a Difference campaign, and they’re matching every dollar raised, up to $100,000, to fund safer, more effective treatments for kids fighting cancer for their 15th consecutive year!

Host a Bake Sale 

The $100,000 Match is Back!

That means your bake sale could raise twice as much for life-changing research that's making a difference. We know. We see it every day!

To make getting involved even easier, we’re sweetening the deal: Register to host a bake sale and we’ll send you free cookies.

It’s a Bake Sale in a Box, just add your people.

Over the past 15 years, Bake a Difference has raised $5.75 million.

Host at home, at work, at school, anytime between now and December 31st!

We’ll give you everything you need and OXO’s matching what you raise.

You bring the energy. We’ll provide the cookies.

Host a Bake Sale 

Together, we can Bake a Difference!

- The Cookies for Kids' Cancer Team

1.

The Consumer Price Index (CPI) measures the overall change in the prices of nearly everything Americans buy. A 5 percent annual inflation rate implies that the goods and services you bought for $100 a year ago would cost you $105 if you bought them today. What was the annual inflation rate in August, according to the U.S. Bureau of Labor Statistics (BLS), which calculates the CPI?
A. 2.9%
B. 3.2%
C. 5.1%
D. 9.1%

2.

When people complain about inflation and rising prices, certain items tend to sit atop their list of expenses. As of August, which of these things has had the largest cost increase over the past five years?
A. Grade A eggs
B. Unleaded regular gasoline
C. Car insurance
D. Rent
E. Medical care

3.

The U.S. inflation rate is neither the highest nor the lowest in the world. Match each of these countries to its latest reported consumer inflation rate.

4.

In 1987, the BLS began estimating the cost of living for Americans age 62 and up, who tend to spend more money than younger adults on health care and housing. Over the last 10 years, the inflation rate for all Americans has averaged 3.1 percent on an annualized basis. What has been the rate measured for older Americans?
A. 3%
B. 3.2%
C. 4.1%
D. 4.8%

5.

When inflation was below 3 percent in mid-to-late 2024, the U.S. Census Bureau asked households how stressed they were about rising prices over the prior two months. About 21 percent of people with incomes over $200,000 said they were very stressed. What was the percentage of people with incomes of $50,000 to $75,000 who were very stressed?
A. 29%
B. 39%
C. 49%
D. 59%

6.

“Shrinkflation” is when a product becomes more expensive because there’s less of it in a new package sold for the same old price. (Think fewer paper towels per roll or 12 ounces per can of coffee instead of 16.) From 2019 through 2023, for which of these items did shrinkflation contribute most to its rising cost?
A. Cleaning products
B. Coffee
C. Paper products
D. Snacks

7. TRUE OR FALSE:

If you have a fixed-rate mortgage and inflation starts to rise, it’s a financial win for your bank.

8.

A 2025 study found that people who’d seen or heard news stories about higher prices raised their estimates of how bad future inflation would be by 0.4 percentage points. How did people change their inflation estimates when exposed to stories about lower prices?
A. They lowered their inflation estimates a lot.
B. They lowered them a little.
C. They hardly changed them at all.

Want to stay up to date on the latest news, events, and community initiatives from the Greater Lehigh Valley Auto Dealers Association? Follow GLVADA on LinkedIn!
From auto show updates to community grant announcements, networking events, and industry highlights, our LinkedIn page is the place to stay connected with what’s happening across the Lehigh Valley auto community.
Join the conversation and see how GLVADA and its member dealers are driving impact in the region.