JUNE 29, 2010
IN THIS ISSUE
DEALER NEWS & INFORMATION
– Automotive News at a Glance
REGULATORY & LEGAL UPDATES
– Sales/Use Tax Alert: Castle Pines North 2.75% City Sales Tax Missing From State and Third Party Databases
LEGISLATIVE UPDATE
– Reception in Honor of John Suthers
UPCOMING SEMINARS
– FREE Webinar: HR Recordkeeping Simplified
– Are You Prepared to Service Hybrid Vehicles?
CALENDAR OF EVENTS
– Upcoming Events
– CADA 2010 Annual Golf Tournament
– Innovative Dealer Summit
– CADA Regional Meetings
– Denver Regional 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.
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 articles pertaining to the
auto industry in general that appeared recently in newspapers and other media outlets across the nation.
- Word of caution: Don't bet against the nation's 18,000 new-car dealers.
The Detroit News, June 26
House and Senate negotiators signed off Friday on a 2,000-page bill that reforms the nation's financial regulatory system. It should be on President Barack Obama's desk by July 4.
- Wall St. reform winners and losers
Politico, June 26
President Barack Obama and Democrats have come up with a 2,000-page rulebook for American capitalism that will be studied for years to come.
- Quality survey could be Toyota's wake-up call
MSNBC, June 23

After a struggle that began nearly a third of a century ago, Detroit's auto quality has finally caught up with the Japanese — or so one might believe based on the latest Initial Quality Study from the influential market research firm J.D. Power and Associates.
- Bills to spark electric cars would limit fund recipients
The Detroit News, June 23
The Obama administration backs legislation calling for billions of dollars in investment to boost the number of electric vehicles on the road in as many as 15 communities.
- GM gets ready for public stock offering
The Detroit News, June 23
General Motors Co. plans to file as early as next week a detailed statement outlining its proposed initial public stock offering, according to officials familiar with the planning.
- White House Backs Electric-Car Aid
The Wall Street Journal, June 23
Administration Supports Spending $6 Billion More to Promote Plug-Ins; Gulf Oil Spill Cited at Hearing
- America's Electric Car Capitals
Forbes, June 21

Virtually every major automaker is preparing to introduce some sort of plug-in electric vehicle in the next few years, but how and where will they be recharged?
- Nissan CEO Made $9.8 Million
The Wall Street Journal, June 23
Nissan Motor Co. President Carlos Ghosn said Wednesday that he received 890 million yen ($9.8 million) in compensation in the fiscal year ended March, making him the highest-paid executive at a listed Japanese company, according to publicly disclosed information.
- Automakers seek partners for new technology
The Detroit News, June 23
Automakers are still digging out of the worst downturn in decades, and they're already coming up against another, perhaps greater, challenge: the start of the biggest transition in engine technology in nearly a century.
- Auto dealers evade oversight by new watchdog agency
Detroit News, Autos Insider
See more at www.autosinsider.com
- Automotive X Prize Competition Heats Up
The New York Times, Wheels
See more at http://wheels.blogs.nytimes.com
- Wild 2011 Infiniti QX56 breaks key bond with parent Nissan
USA Today, DriveOn
See more at http://content.usatoday.com/communities/driveon/index
- Congress to weigh regulation of financing by auto dealers
Los Angeles Times, Autos
See more at http://www.latimes.com/classified/automotive/highway1/
- Best June Finance Deals
AOL Autos
See more at http://autos.aol.com/
- Jeep Barrels Past the Drama
The Wall Street Journal CARS
See more at http://online.wsj.com/public/page/news-autos-automotive.html
- Car Wars: A new hope ... for Detroit
CNN Money
See more at http://money.cnn.com/autos/
…more news articles are included at the end of this issue.

SALES/USE TAX ALERT:
CASTLE PINES NORTH 2.75% CITY SALES TAX MISSING FROM STATE AND THIRD PARTY DATABASES
It has been brought to CADA’s attention that a city sales tax of 2.75% is effective in the city of Castle Pines North. However, this tax is <not> showing up on either the certified database (currently Group1), nor on the state IDS system. The DR 1002 (latest revision date 2/10/2010, see page 3), shows this tax.
[NOTE: The DR 1002 will be changing soon to reflect the latest sales/use tax changes as of July 1, 2010 – it is typically updated within a month or so after January 1st and June 1st of each year. Keep in mind that home rule cities may make changes to their tax rates at any time; only state-collected jurisdictions must report changes to the state]. Visit last week’s Open Road article, Sales/Use Tax Rate/Collection Changes Effective July 1st, 2010, for the latest changes.
While there is a state hold harmless provision that protects dealerships that rely upon the third party database, at present there is no effective way to utilize this hold harmless provision other than in a sales/use tax audit that might occur years later. The interplay of the titling/registration process, the requirement by counties that all taxes be paid before any paperwork moves forward, and the requirement that the dealership must perfect a lien all mean the dealership typically will have to cover the uncollected taxes upfront, even if the database was incorrect. These additional taxes then have to be collected from the consumer separately.
CADA has contacted both the state and Group1 to correct these databases. Meanwhile, please ensure that you collect this city tax on any vehicles that will be registered in Castle Pines North.
If you have had title paperwork rejected and/or sales/use taxes that you have been unable to collect from consumers due to this error, please contact us; we would like to determine the extent of this error.
Call to Dealers to Collect Data on these Sales/Use Tax Error Costs
Further, it would be extremely valuable to CADA if dealerships can begin to quantify and track ANY sales/use taxes that you have had to pay on behalf of consumers due to incorrect sales/use tax information in these online sources at the time of a deal. It would also be helpful to know the amount you are ultimately unable to collect from the consumer (either because the individual amounts were too small to make it worthwhile, the consumer refused to pay, or other similar reason), When CADA attempts to advocate on this issue, the most difficult part is to demonstrate the extent of the problem. The more we can cite the actual costs to dealers of these errors, the better. Please contact us with any examples, and/or any summary data you are able to track on a sample monthly, quarterly or annual basis.
* * * * * * * *
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
 
RECEPTION IN HONOR OF JOHN SUTHERS

* * * * * * * *
Questions or Comments? Please contact:

FREE WEBINAR: HR RECORDKEEPING SIMPLIFIED
Thursday, July , 2010
There is no getting around it, HR recordkeeping is paper intensive and time consuming but documentation is your best defense against employee litigation and government audits. Join us on July 1st to learn best practices for HR recordkeeping including how to use electronic storage options to reduce paperwork but still protect your organization. In this webinar you will learn:
- The records you must collect and keep for applicants and for employees
- Best practices for handling sensitive HR information such as medical records or background checks
- Pros and cons of storing HR documents electronically (and data security standards that must be followed)
- Your obligations when employees, supervisors, attorneys, or government officials ask to see HR files
- The timetables for how long you should retain common types of HR documents
Time conflict? Register anyway! If you are unable to join the webinar at this time, please register anyway and a recording of the webinar will be sent to you automatically.
Date: |
Thursday July 1, 2010 |
Time: |
9:00am - 10:00am Pacific
10:00am - 11:00am Mountain
11:00am - 12:00pm Central
12:00pm - 1:00pm Eastern |
CLICK HERE for more information!
* * * * * * * *
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: HR RECORDKEEPING SIMPLIFIED
Presented by
Kathryn Carlson
|
Thur., July 1, 2010
10:00am - 11:00am Mountain |
Learn best practices for HR recordkeeping including how to use electronic storage options to reduce paperwork but still protect your organization.
CLICK HERE for more 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!

|
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
CLICK HERE to register! |
Innovative Dealer Summit
|
Wednesday, Sep. 8
|
Marriott Denver South at Park Meadows
10345 Park Meadows Drive, Littleton, 80124
More Details Coming Soon! |
CADA Regional Meetings
Steamboat Springs
|
(tentative)
11:30 am, Tuesday, September 14th
Lunch Meeting
|
TBD |
CADA Regional Meetings
Burlington
|
(tentative)
5:30 pm, Thursday, September 23rd
Dinner Meeting
|
TBD |
CADA Regional Meetings
Montrose
|
(tentative)
8:30 am, Tuesday, September 28th
Breakfast meeting
|
TBD |
CADA Regional Meetings
Durango
|
(tentative)
11:30 am, Wednesday, September 29th
Lunch meeting
|
TBD |
CADA Regional Meetings
Grand Junction
|
(tentative)
11:30 am, Tuesday, October 5th
Lunch meeting
|
TBD |
CADA Regional Meetings
Glenwood Springs
|
(tentative)
5:30 pm, Tuesday, October 5th
Dinner Meeting
|
TBD |
CADA Regional Meetings
Northern Colorado
|
(tentative)
11:30 am, Wednesday, October 6th
Lunch Meeting
|
TBD |
CADA Regional Meetings
Longmont
|
(tentative)
5:30 pm, Wednesday, October 6th
Dinner Meeting
|
TBD |
CADA Regional Meetings
Colorado Springs
|
(tentative)
11:30 am, Thursday, October 7th
Lunch Meeting
|
TBD
Attendees can register through CSADA–719.473.1465 |
CADA Regional Meetings
Pueblo
|
(tentative)
5:30 pm, Thursday, October 7th
Dinner Meeting
|
TBD
Attendees can register through PADA—719.544.7336 |
CADA Regional Meetings
Denver
|
(tentative)
7:30 am, Tuesday, November 23rd
Breakfast meeting
|
TBD |

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
- Robocars
Forbes, June 10
Predictions of future transportation systems are often nonsense, but this one might be possible, if a bit frightful.
- 2011 Infiniti M37X
Fortune, April 19
Infiniti is the luxury brand most likely to be overlooked.
- Job prospects improve at GM, Toyota as sales increase
USA Today, June 17
Higher demand for vehicles is leading General Motors to keep most of its U.S. factories open during a usual two-week shutdown during the summer.
- Union: Ford to stop making Escape in Missouri
The Detroit Free Press, June 23
Ford Motor Co. plans to stop making the Escape in Missouri by the end of next year and shift production of its next-generation sport utility vehicle to Kentucky, a union president said Tuesday.
- Saab’s Future Can Be Found in Saab’s Past, Says Its New Designer
The New York Times, June 22
Jason Castriota Designs has been hired to handle design for Saab Automobile, the Swedish automaker that was bought in February by Spyker NV, a Dutch car company.
If you want to be added to our mailing list, please CLICK HERE.
To remove yourself from this list, click on this link. |
|