AUGUST 2, 2011
IN THIS ISSUE
DEALER NEWS & INFORMATION
– Auto Industry News at a Glance
REGULATORY & LEGAL UPDATES
– Vendor / Service Fee Allowance; Dealers Can Still Obtain Refund If Not Deducted in July
– Upcoming Seminars
– FREE Webinar: How to Implement Effective Onboarding
CALENDAR OF EVENTS
– Upcoming Events
– Amp Up Event
– CADA Annual Golf Event
– NADA Washington Conference
– 2012 NADA and ATD Convention & Expo
HIGHLIGHTS & TRANSITIONS
–Share Your Accomplishmens
–All the News That's Fit to Email!
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AUTO INDUSTRY 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.
- Sales of new Saabs taking off in Colorado
Denver Business Journal, July 29
Sales of new Jaguars and Porsches are racing along in Colorado, but those models can’t catch up to the Saab.
- Let's force government, not cars, to be more efficient
The Detroit News, July 30
If the new Corporate Average Fuel Economy regulations were a vehicle, it'd be a Ford Edsel, Pontiac Aztek and Chrysler Sebring combined.
- Dream Cars You Coveted in High School, but Brand New
The Wall Street Journal, July 27
Car lovers dreaming of classics like early '70s Porsches and BMWs are in luck, if they can spend a lot. As Joe White explains. new technology is helping a boutique car makers revive some classics.
- Carmakers likely to back new fuel rules
The Detroit News, July 27
At least five automakers are expected to endorse a dramatic boost in fuel efficiency requirements to 54.5 mpg by 2025, two people briefed on the matter said Tuesday night.
- The best, and worst, states to own a car
MSNBC, July 27
But why should it cost $9,000 more to own and operate a car in Connecticut than it does in New Hampshire, just 100 or so miles up the road?
- Obama to unveil auto fuel rule deal
The Detroit News, July 29
President Barack Obama — joined by Detroit's Big Three CEOs, the California governor and the head of the United Auto Workers union — is expected to unveil a landmark deal today to boost fuel efficiency standards of cars and light trucks to 54.5 miles per gallon by 2025 in a move that will reshape what Americans drive.
- President, automakers hail new fuel efficiency pact
The Detroit News, July 29
President Barack Obama today hailed a deal to boost fuel efficiency standards to 54.5 mpg, saying it will save consumers $1.7 trillion over the lifetime of vehicles and doubling current requirements.
- White House, automakers reach deal on mileage
MSNBC, July 28
President Barack Obama is expected to announce a compromise on fuel economy standards Friday that will boost average fuel economy to at least 54 miles per gallon by 2025.
- Ford facing a shortage of its top-selling Focus
MSNBC, July 18
Ford can't make enough Focus cars to keep up with rising demand because of equipment problems that have caused a shortage of dashboards, two people familiar with the situation told The Associated Press.
- Automakers are making safer cars – The positive impact of advanced crash test dummies
Tim W Jackson, Wordpress Blog
See more at http://timwjackson.wordpress.com
- Hits, misses as summer auto sales sizzle
Detroit News, Autos Insider
See more at www.autosinsider.com
- Vermont Town Hopes to Host a Cadillac Parade for the Record Books
The New York Times, Wheels
See more at http://wheels.blogs.nytimes.com
- 'Blockbuster' sales of used cars in July
USA Today, DriveOn
See more at http://content.usatoday.com/communities/driveon/index
- EPA gas mileage ratings don't add up in real world
Los Angeles Times, Autos
See more at http://www.latimes.com/classified/automotive/highway1/
- Driver Damages Cars Worth More Than $1 Million
See more at http://autos.aol.com/
- Settling In At $3.70: Will Gas Ever Be Cheap Again?
The Wall Street Journal CARS
See more at http://online.wsj.com/public/page/news-autos-automotive.html
- U.S. loses $1.3 billion in exiting Chrysler
See more at http://money.cnn.com/autos/
…more news articles are included at the end of this issue.
VENDOR / SERVICE FEE ALLOWANCE; DEALERS CAN STILL OBTAIN REFUND IF NOT DEDUCTED IN JULY
Any dealership that may not have deducted the recently restored 2.22% vendor/service fee from the July sales/use tax remittance can still obtain a refund of this amount. To do so, the tax return must have been filed on-time. As long as the July tax filing was made on-time, the dealership is eligible for a refund, but it is not automatic. An overpayment refund must be obtained separately by filing form DR 0137 Claim for Refund (Rev. 02/21/2006).
CLICK HERE for more information on the vendor fee allowance implementation.
* * * * * * * *
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
FREE WEBINAR: HOW TO IMPLEMENT EFFECTIVE ONBOARDING
Ready Set Go! Orientation, also known as onboarding programs, allow you to get your employees off to good start and become productive as quickly as possible.
Join Kathryn Carlson to learn how to implement onboarding so that new employees feel welcome, valued and prepared for success in their new position. From the first day on the job, to which key milestones should be accomplished at 30, 60 and 90 days this webinar will explain how to design and implement a successful onboarding program for your company.
Presented by Kathryn Carlson
Kathryn Carlson is the Product Director for HotlinkHR. Kathryn has over25 years of human resources management experience and is a certified SPHRprofessional. For the past 8 years Kathryn has focused on developing HRsoftware and programs to improve efficiency, reduce risk, and ensure compliancefor companies ranging from small businesses to international corporations.
Thursday August 4, 2011
10:00am - 11:00am Mountain
* * * * * * * *
FREE WEBINAR: How to Implement Effective Onboarding
Thursday, August 4
10:00am - 11:00am
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 firstname.lastname@example.org
Amp Up Event
Wednesday, September 7, 2011
Marriott Denver Tech Center
4900 S. Syracuse Street
*More details coming soon
Annual Golf Event
Monday, September 12, 2011
Usually a 12:00pm Shotgun Start
Green Gables Country Club
6800 West Jewell Avenue
Registration coming soon!
NADA Washington Conference
September 20-21, 2011
JW Marriott Hotel
1331 Pennsylvania Avenue
Register online today!
2012 NADA & ATD Convention & Expo
February 3-6, 2012
Las Vegas, NV
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 email@example.com. Also include your contact information for further follow-up.
- Infiniti's first hybrid offers high mileage, at a high price
USA Today, July 29
What possessed Infiniti to come up with a gasoline-electric hybrid version of the outstanding M series high-performance sedan?
- GM's $7.5M to help solar energy company grow in Oakland County
The Detroit News, July 29
Solar energy company Sunlogics Inc. will invest $30 million to open its global headquarters and a factory in Rochester Hills, thanks in part to a $7.5 million investment by General Motors Co.'s venture capital arm.
- Ford leads a Detroit 3 surge, but challenges remain
USA Today, July 27
Ford Motor reported Tuesday that it made $2.4 billion in the second quarter, down 8% from a year ago because of higher costs, but its ninth consecutive quarter of black ink.
- Million Dollar Fiat: 1953 Zagato Fiat 8V Elaborata
Auto Week, July 25
Fiat's first, and only, V8 engine debuted at the 1952 Geneva Auto Show powering a sleek two-seater intended to dominate Ferrari, Maserati and Lancia in two-liter sports-car racing.
- Chrysler, UAW start work on contract deal to keep competitive edge
The Detroit News, July 25
Formal negotiations between the United Auto Workers and Chrysler Group LLC began this morning with the traditional handshake ceremony at the company's headquarters here.
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