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MAY 11, 2010
IN THIS ISSUE
 DEALER NEWS & INFORMATION
– Automotive News at a Glance
REGULATORY & LEGAL UPDATES
– New Federal Law Includes Tax Benefits for Employers
LEGISLATIVE UPDATE
– Second Dealer Rights Bill of the Session Headed to Governor Ritter
UPCOMING SEMINARS
– FREE Webinar: Hard Conversations; How to Have Tough Talks with Employees
– Maiximizing Technologies In Automotove Computing
– Are You Prepared to Service Hybrid Vehicles?
CALENDAR OF EVENTS
– Upcoming Events
– CADA 2010 Annual Golf Tournament
– Innovative Dealer Summit
– CADA Regional Meetings
– CADA Annual Meeting
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.
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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to view linked
documents?
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download from Adobe.
ENDORSED VENDOR/PROGRAMS
CLICK HERE for information about the
Endorsed Vendors/Programs.
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If you have trouble viewing any of the links or documents in this e-newsletter, please CLICK HERE to access the web-based version.
Maximizing Technologies In Automotive Computing
This seminar takes a comprehensive look at which new technologies are worth purchasing versus which are costing dealers time and money with little or no return.
May 24-25 in Grand Junction, Loveland and Colorado Springs!
Who Should Attend: Dealers, General Managers and Controllers
With the advent of new solutions and technologies, The Paul Gillrie Institute has developed new computer pricing schedules and current, effective rules and techniques to reach those prices. The price of any computer system is determined by the buyer’s knowledge of the computer industry and his/her negotiating strategy.
• Our presenter will walk you through the processes of understanding and communicating with the DMS providers
• How to analyze and reduce monthly computer expenses; identify unnecessary costs or over-billing
• You can bring your monthly bills and ask questions. Eighty percent of a dealer’s expense is in the recurring monthly charges.
• Instruct you in optimal negotiating strategy and how to use it to guarantee substantial discounts on both hardware costs and software maintenance “monthlies”.
• Inform Dealerships who typically face a computer acquisition or upgrade every three to five years.
CLICK HERE for information and registration!
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.
- Wayne Chevy dealer reinstated
The Detroit News, May 7
General Motors Co. has reinstated a Chevrolet dealership in Wayne that was fighting the automaker's attempt to terminate its franchise.
- Consumer Reports, satisfied with Lexus fix, lifts 'Don't Buy' rating
The Detroit News, May 7
Consumer Reports ended its Don't Buy recommendation on the 2010 Lexus GX 460 today, after Toyota Motor Corp. recalled the vehicle and completed a software fix of its electronic stability control system..
- Get ready for OnStar everywhere
CNN Money, May 7
General Motors will soon launch a new, more powerful version of its famed OnStar mobile service. The move could take OnStar beyond the car and maybe even beyond GM itself.
- Group calls for mandatory ABS brakes on motorcycles
The Detroit News, May 7
The Insurance Institute for Highway Safety called on the federal government to mandate anti-lock brakes on motorcycles.
- The Follies of Fuel Efficiency
Forbes, May 6
Raising fuel economy is a fine goal, but it will push up car prices, which will hurt sales. And what if no one wants the cars?
- Mini Cooper convertible is cute but quirky
USA Today, May 9
The Mini Cooper convertible is like a puppy in a pet shop: "Oooooh, so cute! Let's take it home!"
- Obama: Job growth 'the truest measure' of recovery
Detroit Free Press, May 7
Jobs up 290,000; U.S. jobless rate at 9.9%
- Automakers say revamping of safety agency goes too far
Detroit Free Press, May 7
Detroit and foreign automakers came out Thursday against unlimited fines, per-vehicle fees and other key portions of an auto safety overhaul pitched by congressional Democrats in the wake of Toyota's slow launch of sudden acceleration recalls.
- Sen. Bennett loses Republican nomination
Politico, May 8
Sen. Robert Bennett lost his party's nomination during the second round of voting at the GOP state convention Saturday, making the three-term Senator the first incumbent to fall in this volatile midterm election cycle.
- USA Today, Open Road
 
…more news articles are included at the end of this issue.
NEW FEDERAL LAW INCLUDES TAX BENEFITS FOR EMPLOYERS (APRIL 2010)
HIRE Act: Questions and Answers for Employers
NADA Regulatory News & Updates
Under the Hiring Incentives to Restore Employment (HIRE) Act, enacted March 18, 2010, two new tax benefits are available to employers who hire certain previously unemployed workers (“qualified employees”).
The first, referred to as the payroll tax exemption, provides employers with an exemption from the employer’s 6.2 percent share of social security tax on wages paid to qualifying employees, effective for wages paid from March 19, 2010 through December 31, 2010.
In addition, for each qualified employee retained for at least 52 consecutive weeks, businesses will also be eligible for a general business tax credit, referred to as the new hire retention credit, of 6.2 percent of wages paid to the qualified employee over the 52 week period, up to a maximum credit of $1,000.
Visit the IRS page on this topic for more information.
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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
 
SECOND DEALER RIGHTS BILL OF THE SESSION HEADED TO GOVERNOR RITTER
SB 201 by Sen. Shawn Mitchell (R-Broomfield) and Sen. Chris Romer (D-Denver), which substantially increases penalties against automakers that do not comply with HB 1049, passed out of the House of Representatives on third reading and final passage on Friday by a vote of 54-11. The legislation passed out of the Senate 35-0 last week.
In a last minute move and without notice to CADA, House Majority leader Paul Weissmann (D-Louisville), ran an amendment to SB 201 to eliminate the ban on Sunday Sales of motor vehicles. After debate by both proponents and opponents of the amendment, the amendment failed by a wide margin. Rep. Weissmann then ran a second amendment that would have increased the punishment against any dealer operating on Sunday. This amendment similarly failed by a large margin.
SB 201 provides authority for the Executive Director of the Department of Revenue to impose fines between $10,000 and $25,000 per day on any automaker who refuses to honor Colorado statutes specific to dealers that were terminated in bankruptcy. The bill now heads to Governor Ritter for his signature. Once signed, the bill will become law immediately. To view a copy of SB 201, please click here.
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Questions or Comments? Please contact:
MAXIMIZING TECHNOLOGIES IN AUTOMOTIVE COMPUTING
This seminar takes a comprehensive look at which new technologies are worth purchasing versus which are costing dealers time and money with little or no return.
May 24-25 in Grand Junction, Loveland and Colorado Springs!
Who Should Attend: Dealers, General Managers and Controllers
With the advent of new solutions and technologies, The Paul Gillrie Institute has developed new computer pricing schedules and current, effective rules and techniques to reach those prices. The price of any computer system is determined by the buyer’s knowledge of the computer industry and his/her negotiating strategy.
• Our presenter will walk you through the processes of understanding and communicating with the DMS providers
• How to analyze and reduce monthly computer expenses; identify unnecessary costs or over-billing
• You can bring your monthly bills and ask questions. Eighty percent of a dealer’s expense is in the recurring monthly charges.
• Instruct you in optimal negotiating strategy and how to use it to guarantee substantial discounts on both hardware costs and software maintenance “monthlies”.
• Inform Dealerships who typically face a computer acquisition or upgrade every three to five years.
CLICK HERE for information and registration!
* * * * * * * *
ARE YOU PREPARED TO SERVICE HYBRID VEHICLES?
Overall Objective: To teach automotive technicians basic safety for handling hybrid batteries and working with hybrid vehicles.
Target market – Automotive technicians in the western region of the U.S. wishing to train on hybrid vehicles.
Anticipated class size – limited to 12 students per class
Anticipated duration of training – course will run for 40 hours (see dates and times on attached advertisement)
Learning Objectives and Hands on Training Includes:
- Demonstrate safety when dealing with hybrid batteries
- Describe and demonstrate methods of approaching high-voltage systems
- Describe steps to evaluate if vehicle is safe to touch or work on
- Be able to locate high-voltage wires in hybrids and all electric vehicles
- Conversion of hybrid vehicles to longer-range electric vehicles
Where: Arapahoe Community College – 5900 South Santa Fe Drive, Littleton, CO 80120 - Automotive Department
Cost: $299
Registration – Call 303.734.3701
CLICK HERE for more information!
Participants that complete the 40 hours will receive a certificate from Arapahoe Community College Corporate Learning Division. * * * * * * * *
| Event Description |
Date/Time |
Location |
FREE Webinar
Hard Conversations
How to Have Tough Talks with Employees
Presented by
Kathryn Carlson
|
May 13, 2010
10:00am - 11:30am Mountain
|
CLICK HERE for more information! |
Maximixing Technologies in Automotive Computing
Grand Junction
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Mon., May 24, 2010
11:30am to 1:30pm
Lunch included
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Holiday Inn & Suites – Grand Junction Airport
2751 Crossroads Blvd.
Grand Junction, 81506
970.424.5888
CLICK HERE for registration and information. |
Maximixing Technologies in Automotive Computing
Loveland
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Tues., May 25, 2010
7:30am to 9:30am
Breakfast included
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Embassy Suites Loveland
4705 Clydesdale Parkway
Loveland, 80538
970.593.6200
CLICK HERE for registration and information. |
Maximixing Technologies in Automotive Computing
Colorado Springs
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Tues., May 25, 2010
12:30pm to 2:30pm
Lunch included
|
Department of Motor Vehicles
Powers Office
5650 Industrial Place (Southeast Corner of Powers Blvd. and Airport Road) **Colorado Springs dealers should register directly with CSADA, Ann Winslow, 719.473.1465 abwinslow@comcast.net
CLICK HERE for registration and information. |
Are You Prepared to Service Hybrid Vehicles?
Littleton
|
Trainings Available May through August! |
Arapahoe Community College – 5900 South Santa Fe Drive, Littleton, CO 80120 - Automotive Department
CLICK HERE for more information! |
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 |
CADA 2010 Annual Golf Tournament
SAVE THE DATE!
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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 |
Innovative Dealer Summit
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Wednesday, Sep. 8
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Marriott Denver South at Park Meadows
10345 Park Meadows Drive, Littleton, 80124
More Details Coming Soon! |
CADA Regional Meetings
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September/October
|
More Details Coming Soon! |
CADA Annual Meeting
Final Regional Meeting
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November
|
More Details Coming Soon! |
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.
If you want to be added to our mailing list, please CLICK HERE.
To remove yourself from this list, click on this link. |
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TO REGISTER ONLINE FOR ANY CADA