FEBRUARY 7, 2012

IN THIS ISSUE

a SPECIAL ANNOUNCEMENTS

Mike Shaw Named 2012 National TIME Dealer of the Year

 

a DEALER NEWS & INFORMATION

Auto Industry News at a Glance

 

REGULATORY & LEGAL UPDATES

Labor Department - Unemployment Insurance Updates

NADA Reminds Dealers to Protect Their Data

 

UPCOMING SEMINARS
Innovative Dealer Summit


CALENDAR OF EVENTS

Upcoming Events

Denver Auto Show


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

Share Your Accomplishmens

 

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


www.aiada.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 this e-newsletter does not display correctly,
CLICK HERE
to access the web-based version.


MIKE SHAW NAMED 2012 NATIONAL TIME DEALER OF THE YEAR

Mike Shaw Wins National Recognition for Community Service and Industry Accomplishments at NADA Convention

(Las Vegas, NV, February 4, 2012) –Mike Shaw, dealer principal of Mike Shaw Chevrolet Saab in Denver, Colorado, was named the 2012 national TIME Dealer of the Year today.

Shaw received this highest honor out of a select group of dealers from across the country recognized at the 95th annual National Automobile Dealers Association (NADA) Convention & Exposition in Las Vegas on Saturday. The announcement of this year’s national Dealer of the Year and finalists was made by Kim Kelleher, worldwide publisher of TIME, and Tim Russi, executive vice president of North American Operations – Auto at Ally Financial, at the formal opening of the convention which was expected to draw more than 20,000 individuals involved in the automobile industry.

CLICK HERE for the entire press release.


CADA Open Road is now beginning its sixth year of service, providing uninterrupted weekly news and information for Colorado automotive professionals to better compete in our industry, since January 3, 2007.


a


 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.



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




LABOR DEPARTMENT - UNEMPLOYMENT INSURANCE UPDATES
From UI Quarterly News, 4th Quarter 2011

The Colorado Department of Labor and Employment, Unemployment Insurance (UI) Program provided some key reminders and updates to employers in their latest newsletter.  Typically, these changes are provided directly to employers in account statements and other communications. However, some highlights to bring to your attention are noted below:

  • Due Dates – Change from Postmarked to Date Received. A change in regulation means that in order for reports and payments to be timely, ***they must be RECEIVED at the UI office on the date due***.  A postmark by that date is no longer sufficient.    
  • 2012 Rates:  The base rate for most employers remains the same.  2012 rates were provided on Unemployment Insurance Rate Notice forms mailed in November. Begin using the 2012 assigned rate with the first quarter 2012 reports due on April 30, 2012.  Rates were mailed to each account; if you did not receive this notice, contact the UI office directly – they will need to provide to you directly as specific rates vary by account.  303.318.9100 (Denver-metro area) or 1.800.480.8299 (outside Denver-metro area).
  • Independent Contractors:  The first item highlighted covers ongoing focus on misclassification of employees as independent contractors.  Misclassifying employees as contractors can result in UI back-premiums plus interest.   

Employers can also seek advisory opinions if unsure—existing law requires the UI program to provide an opinion when one is requested.  CLICK HERE for further information on that process. 

          Visit the following articles run in prior CADA e-newsletters on this topic:


13-Dec-11

Press Release: US Labor Dept., Colorado Dept, of Labor and Employment Partner on Misclassification of Employees as Independent Contractors

 

25-Oct-11

Employee vs. Independent Contractor?

NADA 60-Second Email, 10/21/2011

12-Oct-10

Employee or Independent Contractor?

Guest Article By Michael Charapp

13-Apr-10

Independent Contractors: Be Careful of Employee Misclassification

Guest article:  How to Determine Whether a Worker is an Employee or an Independent Contractor, By Michelle R. Magruder, Esq. of Nemechek & Magruder, LLC 

* * * * * * * *

NADA REMINDS DEALERS TO PROTECT THEIR DATA

Regulatory Affairs has prepared and disseminated to NADA members a Dealer Alert entitled “Are You In Control of Your Data?” This alert, which follows a similar 2005 alert that NADA issued, reminds dealers of the critical importance of knowing who can access data in their DMS, how that data is used, and what federal and state restrictions may apply to such usage. The alert also explains the availability of extensive educational resources on this and other regulatory compliance topics at: www.nadauniversity.com and www.nada.org/regulatoryaffairs.

* * * * * * * *

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


a
INNOVATIVE DEALER SUMMIT

The Innovative Dealer Summit - the definitive management education forum for dealer principals and senior dealer managers, addresses the most pressing sales, profitability, technology, best practices, social media and other emerging issues in dealership operations - will take place on Wednesday, March 21, followed by the Denver Auto Show Charity Preview Party from 4pm to 8pm and Thursday, March 22.

The Innovative Dealer Summit is popular among dealer and industry meetings in that all participant and break-out sessions are conducted during 1-1/2 days and overlays the annual Denver Auto Show.

Have any PRESENTATION ideas?
CLICK HERE for an opportunity to submit the best and most compelling dealer education presentation(s) for consideration at the Innovative Dealer Summit.

Want to EXHIBIT at the Summit?
CLICK HERE for more information on participating as an exhibitor.

Interested in being a SPONSOR?
CLICK HERE for more information on sponsorship opportunities. CLICK HERE for a sponsorship form

* * * * * * * *

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

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

Innovative Dealer Summit


March 21-22, 2012

CALL FOR PRESENTATIONS

EXHIBITOR FORM

SPONSORSHIP OPPORTUNITIES

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


a

Event Description
Date/Time
Location

Denver Auto Show

March 21-25th, 2012


Colorado Convention Center




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

  • Oil drops below $97 as traders eye U.S. supplies
    Detroit Free Press, February 7
    Oil prices slipped below $97 a barrel today as traders worried that U.S. crude supplies will continue to rise because of weak demand.
  • Honda speeds up major changes to the Civic
    Auto Week, February 6
    Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here.
  • Honda's credit outlook cut to negative by Moody's on competition
    The Detroit News, February 6
    Honda Motor Co. and its affiliates' credit rating outlook was cut to negative from stable by Moody's Investors Service on concern the automaker faces "significant challenges" in regaining its market share.
  • Chrysler profit triggers first profit-sharing checks since 2005
    MSNBC, February 2
    Chrysler workers have a variety of reasons to be pleased about the maker’s improving fortunes. They’re not only seeing thousands of jobs added but receiving their first profit-sharing checks since 2005 as a result of the maker landing in the black for the first time since 1997.
  • Chrysler to hire 1,800 for Illinois Dodge Dart plant
    The Detroit News, February 3
    Chrysler Group LLC Thursday formally announced plans to hire about 1,800 workers at its Belvidere Assembly Plant in Illinois to support production of the all-new 2013 Dodge Dart and other vehicles that will be built off the same platform.
  • AAA Michigan: Gas prices up 11 cents in past week
    Detroit Free Press, February 6
    AAA Michigan says gasoline prices are up about 11 cents per gallon during the past week to a statewide average of $3.52.
  • GM doesn't pull Super Bowl ad that tweaks Ford
    The Detroit News, February 5
    General Motors Co. stuck with a Chevrolet Super Bowl ad that implies a Ford truck owner dies along with much of the rest of humanity as a group of Silverado owners ride out the apocalypse, despite Ford Motor Co. calling for its rival to pull the ad.
  • Auto dealers see sunshine after prolonged period of gloom
    MSNBC, February 1
    On Wednesday Chrysler reported its best January sales in four years, and General Motors is expected to report billions in earnings in mid-February.

If you want to be added to our mailing list, please CLICK HERE.

To remove yourself from this list, click on this link.

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