MARCH 2, 2010


IN THIS ISSUE

DEALER NEWS & INFORMATION

Automotive News at a Glance

 

REGULATORY & LEGAL UPDATES
Tip of the Month: Check if You Meet the New SPCC Rule Compliance Dates

CADA Announces New Endorsed Vendor


LEGISLATIVE UPDATE

Colorado Department of Revenue Issues Emergency Regulations on Recently Signed Bills

HB 1049 Legislative Update

 

UPCOMING SEMINARS

Fair Labor Standards Act Seminar


CALENDAR OF EVENTS
Upcoming Events

Join us in Celebrating at the Colorado Broadcasters Awards of Excellence Banquet

"Forty under 40" - Join us in Honoring Melissa Kuipers, Vice President of CADA

Denver Auto Show

NADC 6th Annual Member Meeting & Conference

CADA 2010 Annual Golf Tournament


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

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.

open_sign


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.


Need Acrobat Reader
to view linked
documents?
CLICK HERE for a FREE
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 articlespertaining to the
auto industry in general that appeared recently in newspapers and other media outlets across the nation.

  • Bill to help dropped GM, Chrysler dealers advances
    Denver Business Journal, March 1
    A Colorado state Senate committee on Monday refused to put the brakes on a bill to give terminated Chrysler and General Motors dealers a right to win back their dealerships, sending the measure onto the full Senate with a unanimous recommendation.
  • Gov. Ritter injured in bicycling crash
    KUSA 9 News Denver, March 2
    Gov. Bill Ritter suffered multiple rib fractures on his right side Tuesday morning after being involved in a bicycle crash.
  • Lower-Priced Luxury Sedans
    The Wall Street Journal, February 25
    Luxury sedans are still the flagships for most carmakers and can be symbols of success for their owners.
  • 11,000 pony up for new Mustang
    The Detroit News, February 25

    Ford Motor Co. says 11,000 customers already have placed orders for the 2011 Ford Mustang -- three times the number of advance orders booked for the last model at this point in its launch.
  • Toyota concerned flex-fuel mandates could cost it $600M yearly
    The Detroit News, February 25
    Toyota Motor Corp. executives worried last summer about what it perceived as an emerging uneven playing field in the United States, and said new fuel requirements could cost it up to $600 million annually.
  • Treasury Department plans gradual sell-off of GMAC stake
    The Detroit News, February 25
    The Treasury Department plans to exit GMAC by slowly selling off its majority stake in the Detroit finance company -- but not likely until 2011.
  • Toyota Starts Rolling Out Deals to Attract Buyers
    The Wall Street Journal, February 24

    As Toyota Motor Corp. executives face a grilling from lawmakers this week about sudden acceleration and other problems, the auto maker is trying to win over a bigger audience—consumers—not just with words, but with deals.
  • Toyoda Is Wary Star of Kabuki at Capitol
    The Wall Street Journal, February 25
    Toyota Motor Corp. President Akio Toyoda came here to mend fences. But first, he and lawmakers had to bridge an ocean of confusion.
  • Toyota's top safety official will testify
    The Detroit News, February 25
    Toyota's top safety official will take the hot on Tuesday during the Japanese automaker's next hearing on Capitol Hill.
  • Lifetime passion for customizing
    Detroit Free Press, February 25
    Autorama, the big celebration of muscle and custom cars, roars into Cobo Center this weekend.
  • USA Today, Open Road
  • For breaking news and information, follow Tim Jackson on Twitter and Facebook!

     



    …more news articles are included at the end of this issue.



TIP OF THE MONTH: CHECK IF YOU MEET THE NEW SPCC RULE COMPLIANCE DATES
Friday, January 1st, 2010
Self Certification An Option Starting January 14th 2010



After an 11 month delay for additional public comment the EPA has finalized the December 2008 amendments to the Spill Prevention Control and Countermeasure (SPCC) rules. If you recall, last year’s amendments were to reduce some of the regulatory burden on smaller oil handling facilities such as yours. As it turns out, the changes resulting from the extended public comment period have not had any impact on the amendments in your business sector. As with the previous rules if your facility has an aggregate storage capacity of over 1,320 gallons (including 55 gallon drums) of petroleum products, these amendments will affect your facility.

For more information about this upcoming rule change, read more in our January newsletter.

* * * * * * * *

CADA ANNOUNCES NEW ENDORSED VENDER

Incom Direct, a Colorado based company, has been selected as the CADA endorsed provider of merchant transaction processing! 

We are pleased to inform you that the CADA Membership Services Committee recommended, and the CADA Board has approved, Incom Direct for merchant transaction processing. Before making this endorsement we took the time to put in place a dealer review committee, establish specific selection criteria, and work through a due diligence process so you are assured that any endorsed providers we choose will be top-notch. 

Incom Direct handles all forms of transaction processing, including credit card processing, check guarantee and verification, gift and loyalty cards, branded fleet cards for dealerships, data mining by card type, online reporting, fraud prevention services, and more.  Click here for more information.

Call now for a FREE, no-obligation consultation!
Toll Free: 877.810.8635 Office: 303.665.0800 Fax: 303.664.1008

Email:  CADAsupport@incom-direct.com
Short presentation: www.loweryourfees.net
Visit:  www.incom-direct.com

* * * * * * * *

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


aa

COLORADO DEPARTMENT OF REVENUE ISSUES EMERGENCY REGULATIONS ON RECENTLY SIGNED BILLS

The Colorado Department of Revenue has now issued emergency regulations on the bills recently signed by Governor Ritter that will suspend or eliminate certain tax exemptions, credits and exclusions.  These emergency regulations became effective on March 1, 2010. 

Please click here for these emergency rules relating to the following bills:

  • Energy use (HB 1190).
  • Software sales (HB 1192).
  • Non-essential articles and containers for food products (HB 1194).
  • Internet Sales in Colorado (HB 1193) – Regulations are identified as “revision to doing business in the State,” and “Remote seller’s obligation to provide notice to Colorado purchasers of sales and use tax obligation.”
  • Three month waiver of penalties and penalty interest for HB 1190, 1192, 1193, 1194, 1195.

* * * * * * * *

HB 1049 LEGISLATIVE UPDATE

HB 1049 was heard by the Senate Business Labor and Technology Committee at 1:30pm, Monday, March 1st.  The bill passed out of the committee by a unanimous vote even with intense opposition by GM and local union workers who tried to persuade members of the committee to kill the bill.  CADA was successful not only in passing the bill with a unanimous vote, but were also successful in adding several amendments that substantially strengthen the bill for dealers.  The bill will now be heard by the Senate.  More details coming soon.

* * * * * * * *

Questions or Comments?  Please contact:


a
FAIR LABOR STANDARDS ACT SEMINAR

Wed., Mar. 10th, 2010
8:00am to 10:00am
(breakfast included)

CLICK HERE for registration and more information!

Objective:
As the U.S. Department of Labor’s enforcement of the Federal Fair Labor Standards Act continues to evolve, it is important that employers keep apprised of the current wage and hour laws and their enforcement by the U.S. Department of Labor. This detailed presentation is designed to help you limit your exposure to potentially costly claims and fines and update you on the latest issues under the Federal Fair Labor Standards Act.  

Highlights of topics include:                                                                     

  • Discussion regarding the current minimum wage laws;
  • How to calculate a sales person pay, when a sales person has not earned enough in commission;
  • How to determine whether an employee can properly be categorized as exempt from overtime;
  • The importance of keeping timesheets and all other wage and hour records on all employees;
  • Most common pitfalls for employers under the FLSA;
  • Most recent bulletin/guidelines issued by the U.S. Department of Labor.

Presented by: Timothy Nemecheck and Michelle Magruder, Nemechek and Magruder, LLC

CLICK HERE for registration and more information!

* * * * * * * *

aTO REGISTER ONLINE FOR ANY CADA
SEMINAR OR EVENT, PLEASE VISIT:

www.coloradodealers.org/registration
Event Description
Date/Time
Location

Fair Labor Standards Act Seminar

Denver

Wed., Mar. 10th, 2010

8:00am to 10:00am
(breakfast included)

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

CLICK HERE for registration and more information!

Register Online!

* * * * * * * *

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

Join us in Celebrating at the Colorado Broadcasters Awards of Excellence Banquet

Saturday, March 13
5:30 PM - 9:30 PM

CLICK HERE for registration and more information!

Honors the Best in Colorado Radio & Television

"Forty under 40" - Join us in Honoring Melissa Kuipers, Vice President of CADA

Thursday, March 18
11:30 AM - 1:30 PM


CADA will have a table at the awards presentation event, If you are interested in attending.  CLICK HERE for more details!




Wednesday, April 7, 2010

thru  

Sunday, April 11, 2010

Colorado Convention Center

700 14th Street Denver 80202

CLICK HERE for more information.

National Association of Dealer Counsel's (NADC) 6th Annual Member Meeting and Conference

Dallas, Texas

April 11 to 13, 2010



CLICK HERE for more information!

Membership in NADC is strongly encouraged for all CADA member dealers’ attorneys.  The information shared between attorneys defending dealers around the country is incredibly valuable!

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

  • Problems Aren't Part of Prius Tour
    The Wall Street Journal, February 27
    The day Toyota Motor Corp. announced it would recall nearly half a million hybrid vehicles world-wide, a packed bus of excited foreign tourists was slowly rolling up to the Japanese car maker's Prius factory here.
  • Toyota to unlock secrets of black-box recorders
    Auto Week, February 26
    Reacting to criticism that data from black-box crash recorders in its vehicles can be accessed only by the company, Toyota Motor Corp. is moving to ship hundreds of data-decoding machines to the United States and make them commercially available to help diagnose vehicle problems.
  • Notable recalls, an AW list
    Auto Week, February 25
    Safety recalls in the auto industry range from the insignificant to the downright dangerous.

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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