JANUARY 12, 2010


IN THIS ISSUE

DEALER NEWS & INFORMATION

Automotive News at a Glance

 

REGULATORY & LEGAL UPDATES

Form 8300 Cash Reporting - Consumer Notice Reminder by Jan. 31


LEGISLATIVE UPDATE

Join CADA's Legislative Policy Committee!

Dealer Briefing at the Capitol, Save the Date!

 

UPCOMING SEMINARS

Tell Us What You Need!


CALENDAR OF EVENTS
Upcoming Events

Dealer Briefing at the Capitol

NADA Convention and Exposition

CADA Legislative Policy Committee Meeting

Denver Auto Show

CADA 2010 Annual Golf Tournament


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

CADA Welcomes the New and Returning 2010 Board of Directors

Share Your Accomplishments

 

THE AFTERFACT

All the News That's Fit to Email!


ARCHIVES

CLICK HERE for Open Road
e-newsletter archives.

CLICK HERE for an Index of Regulatory
& Legal Articles
from the Open
Road e-newsletter.

CLICK HERE for Bulletin archives.

CLICK HERE for Colorado Auto
Outlook
archives.

CLICK HERE for Denver Auto
Outlook
archives.


ONLINE REGISTRATION

CLICK HERE to register online
for various CADA seminars & events.


MEMBERSHIP RESOURCES

CLICK HERE for details on the
Speaker and Educational
Resources
.

CLICK HERE for a list of current
Endorsed Vendors/Programs
.

CLICK HERE for a list of current
Allied Members
.

CLICK HERE for an order form for
CADA forms
.

CLICK HERE for information on all member services.



www.nada.org

CLICK HERE for NADA
Regulatory Affairs information
.


STATE GOVERNMENT RESOURCES

CLICK HERE for the Auto Industry
Division
of the Colorado Dept.
of Revenue.

CLICK HERE for the Title and
Registration section
of the
Colorado Dept. of Revenue,
Motor Vehicles Division.

CLICK HERE for the Colorado
Department of Labor &
Employment
website.




Visit us at www.coloradodealers.org.


CADA Hours of Operation
Monday to Thursday, 7 a.m. to 5 p.m.
Friday, 7 a.m. to 4 p.m.

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CADA STAFF

CLICK HERE for a CADA staff listing


If you have questions
or suggestions
regarding this
e-newsletter, please
contact Lauren Stadler at
lauren.stadler@coloradodealers.org

CLICK HERE or scroll to the bottom
of this page if you want to be
added or removed from our list.


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documents?
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download from Adobe.


ENDORSED VENDOR/PROGRAMS

CLICK HERE for information about the
Endorsed Vendors/Programs
.

 


If you have trouble viewing any of the links or documents in this e-newsletter, please CLICK HERE to access the web-based version.



AUTOMOTIVE NEWS AT A GLANCE

Listed here are several articles pertaining to the
auto industry in general that appeared recently in newspapers and other media outlets across the nation.

  • Gallery: North American International Auto Show
    The Denver Post, January 12

    The 2010 North American International Auto Show in Detroit, Michigan.
  • GM pulls back from NADA
    Automotive News, January 11
    Soon after General Motors execs Ed Whitacre and Mark Reuss met with National Automobile Dealers Association officials to blame NADA for legislation that mandated arbitration for rejected GM dealers, GM drastically slashed its plans for next month's NADA convention in Orlando, Fla.
  • Green is the theme at the New Delhi auto expo
    The Hindu, January 9

    With concern over vehicular emissions rising, auto majors are fast shifting their focus towards greener electric and hybrid vehicles, besides providing customers the option of owning a car run by cheaper and low-emission fuels such as CNG and LPG.
  • Battery vehicles face huge hurdles, but hybrids could prosper
    The Detroit News, January 8
    The trouble is that these cars of the future, and particularly the battery-powered ones, carry huge question marks over their performance.
  • Study: Buyers unlikely to recoup extra cost of electric vehicles
    The Detroit News, January 8
    The study by Boston Consulting Group, released at an Automotive Press Association event in Detroit today, concludes the cost of electric vehicles is unlikely to drop to the $250 per kilowatt/hour threshold that is cited by many carmakers for these vehicles to be competitive in price.
  • Auto show may lure president
    The Detroit News, January 6

    Though administration officials said Tuesday that President Barack Obama does not plan to attend the North American International Auto Show, event chairman Doug Fox said he thinks there is a "good chance" the president will visit.
  • Frontier sales up 113.1%
    Detroit Free Press, January 5
    Compared with last December, sales of the Nissan Versa compact increased 19.4%, the Maxima full-size sedan increased 59.5% and Nissan’s Frontier pickup increased 113.1%.
  • Chrysler Picks Four New Ad Agencies
    The Wall Street Journal, January 6
    Chrysler Group LLC tapped individual advertising agencies to manage ad development for its brands as the company's contract with Omnicom Group Inc.'s BBDO Detroit expires this month.
  • Think cars to be built in Indiana
    The Detroit News, January 6
    Michigan remains in the running for a planned technology center for electric car maker Think, but lost out on Tuesday to Indiana as the site of the company's first U.S. manufacturing facility.
  • USA Today, Open Road
  • …more news articles are included at the end of this issue.


FORM 8300 CASH REPORTING - CONSUMER NOTICE REMINDER BY JAN. 31

Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or related transactions must complete a Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business.

Additionally, businesses must notify customers that it has filed a Form 8300 regarding their cash transaction(s) -- in writing, by Jan.31  of the subsequent calendar year.

CLICK HERE for an updated Q&A document from the IRS, “Cash Reporting and Your Dealership:  Questions and Answers on form 8300” (Updated Jan. 2009).

CLICK HERE for more details from our January 28, 2009 Open Road!

* * * * * * * *

If you have questions on any legal or regulatory topic, please contact:

DISCLAIMER: CADA is not authorized to dispense legal advice.The information contained in this weekly email is intended to provide important updates and reminders regarding statutes, litigation, and regulations. CADA always advises that dealers should consult legal counsel on the specifics of any laws or regulations to ensure proper compliance


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JOIN CADA'S LEGISLATIVE POLICY COMMITTEE!

Do you have an interest in protecting the investment you have made in your dealership?  Do you recognize that the government will have a say in your business whether you like it or not?  Do you want a voice in CADA’s legislative agenda?  Then YOU should join CADA’s Legislative Policy Committee!  The LPC is an open forum, round-table style discussion group that meets once a month to discuss the current state of politics in Colorado and how it affects you and your dealership.  During the legislative session, your involvement in the LPC is especially critical.  Political activism is one of the many benefits you receive from your CADA membership and you can and should have a say in what we do at the Capitol.  Especially in light of the historic termination of dealers in 2009, we need you to be a part of our political dialogue.

The General Assembly in Colorado begins tomorrow, Wednesday, January 13th and will continue through early May.  Our next meeting will be on Wednesday, February 17th at CADA at 7:30 a.m.  We truly hope to see you there!

* * * * * * * *

DEALER BRIEFING AT THE CAPITOL, SAVE THE DATE!

* * * * * * * *

Questions or Comments?  Please contact:


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If you have a particular area of interest or would like to suggest a training seminar topic, please contact Lauren Stadler at 303.457.5123 or lauren.stadler@coloradodealers.org

* * * * * * * *


Event Description
Date/Time
Location

Dealer Briefing at the Capitol

Jan. 29, 2010

7:15am to 10:00am

Colorado Capitol,
Room #112

For more information and to RSVP, please contact

Lauren Stadler at 303.457.5123 or
lauren.stadler@coloradodealers.org

NADA Convention & Exposition

Feb. 13-15, 2010

Orange County Convention Center, Orlando FL

CLICK HERE for more information from the official website.

CADA Legislative Policy Committee Meeting


Wed., Feb. 17

7:30am

William D. Barrow Building
(CADA Headquarters)
290 E. Speer Blvd
(SW Corner of Grant/Speer), Denver, CO
Phone: 303.831.1722




Wednesday, April 7, 2010

thru  

Sunday, April 11, 2010

Colorado Convention Center

700 14th Street Denver 80202

CLICK HERE for more information.

CADA 2010 Annual Golf Tournament

SAVE THE DATE!

Monday, August 9, 2010

11:00am-11:45am Registration/Practice

12:00 Noon – Shotgun Start

Lakewood Country Club
6800 W. 10th Avenue
Lakewood, CO  80214


LET US KNOW ABOUT YOUR ACCOMPLISHMENTS!

Have you or anyone else at your dealership won an award recently? Have you or your dealership provided any outstanding community service? We want to recognize such accomplishments. Please send us a brief write-up of the award or event along with any other information to milestones@coloradodealers.org. Also include your contact information for further follow-up.


THE AFTERFACT

  • Ford roars amid strong December auto sales
    Detroit Free Press, January 5
    The worst year in decades for the auto industry ended on a surprisingly positive note in December with sales increasing 15.1% — suggesting that the long-awaited rebound for the industry might really take hold in 2010.
  • 2009 Auto Sales: Hyundai rises 8.3 percent
    Forbes, January 5
    Hyundai Motor America said Tuesday that its 2009 sales rose 8.3 percent, while sales for December jumped 40.6 percent.
  • Suzuki offers alternative to Camry, Accord
    Forbes, January 6
    With exterior styling that is similar to a Volkswagen sedan, an unexpectedly upscale interior for a Suzuki , five-passenger seating and thrifty, four-cylinder fuel mileage, the mid-size Kizashi is Suzuki's competitor to America's long favorite Toyota Camry and Honda Accord.
  • The Road Ahead for Drivers
    The Wall Street Journal, January 6
    It's clear that the U.S. car market is shifting toward smaller vehicles with four-cylinder engines.
  • Whitacre: 'Hundreds' of GM dealers likely to be reinstated
    The Detroit News, January 6
    General Motors Co. Chairman and CEO Edward Whitacre Jr. said today he expects "hundreds" of dealers could be reinstated during dealer arbitration hearings.

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Colorado Automobile Dealers Association
290 East Speer Boulevard Denver, CO 80203
Telephone: 303.831.1722 | Facsimile: 303.831.4205
www.coloradodealers.org