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FEBRUARY 14, 2012
IN THIS ISSUE
 DEALER NEWS & INFORMATION
– Auto Industry News at a Glance
REGULATORY & LEGAL UPDATES
– Title Processing: Signature/Dating Issue On Secure POA Form, DR 2174—Special Process Allowed For Existing Paperwork
UPCOMING SEMINARS
– Ask the Expert: All Your Environment and Safety Questions Answered
– Innovative Dealer Summit
– Upcoming Seminars
CALENDAR OF EVENTS
– Upcoming Events
– Denver Auto Show
DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS
–Fred F. Emich Jr. Passes Away
–Tommy WadeFerguson, Owner of Ferguson Buick GMC in Colorado Springs, Passes Away
–Share Your Accomplishmens
THE AFTERFACT
–All the News That's Fit to Email!
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 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.
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.
- Fred F. Emich Jr. Passes Away
Arizona Daily Star, February 13
He owned several car dealerships including: Nash and Chrysler-Plymouth agencies in the Chicagoland area, Fred Emich Ford in Joliet, Oldsmobile dealerships in Denver and Tucson. He retired from Emich Subaru (Tucson) a mere two years ago (January 2, 2010).
- Tommy Ferguson of Ferguson Buick GMC in Colorado Springs Passes Away
Oklahoman, February 18
Tommy first started selling cars in 1964, at Morris Chevrolet, which is now Smicklas Chevrolet.
- Car sales background helps congressional newbie gain prominence
Tribune Live, February 12
In a tumultuous congressional session marked by battles between deal-making House Republican leaders and freshmen less willing to compromise, Kelly, 63, a longtime car salesman in the town where he grew up, has emerged as a bridge between the camps, said Rep. Austin Scott, R-Georgia, president of the GOP freshman class.
- Don't Look Now: A Car That Tweets
MSNBC, February 6
Undaunted by fear of safety regulations, auto makers are piling new technologies into their vehicles: everything from 17-inch dashboard screens to services that check Facebook and buy movie tickets.
- Car Dealers Wince at a Site to End Sales Haggling
The New York Times, February 12
When it comes to negotiating a price on a new car, the script has not really changed much over the years: The dealer’s salesman writes down a price, you counter and then he walks to the back of the showroom to talk with the manager to “see what we can do.”
- U.S. probes door fires in 2006, 2007 TrailBlazers
The Detroit News, February 13
Federal safety regulators are investigating fires in the driver's side doors of Chevy TrailBlazers, the second such probe in a week.
- Chicago auto show: Autoweek's Video Roundtable
Auto Week, February 10
Autoweek news editor Greg Migliore and associate editors Jake Lingeman and Angie Fisher recap the Chicago auto show.
- Southeast Michigan home sales rise 7%, sale prices up 5.3%
Detroit Free Press, February 13
House sales and median sale prices in southeast Michigan rose in January compared to a year ago, further signaling that the regional economy might be climbing out of its deep recessionary hole.
- Detroit crisis may force sale of crucial assets
The Detroit News, February 13
Pontiac sold the Silverdome, Wayne County got rid of golf courses, and Dearborn unloaded a senior citizen complex in Florida.
- Controversial wood-to-ethanol plant may finally get under way in Upper Peninsula
Detroit Free Press, February 13
After a lengthy delay, construction of what could be the nation's first large-scale wood-to-ethanol plant in the country is to start this year in Michigan's eastern Upper Peninsula.
- New-car leasing grows in better economy with improved access to credit
Tim W Jackson, Wordpress Blog
See more at http://timwjackson.wordpress.com
- Vintage small car appeal growing
Detroit News, Autos Insider
See more at www.autosinsider.com
- BMW Releases Details on M6 Coupe and Convertible
The New York Times, Wheels
See more at http://wheels.blogs.nytimes.com
- Kia teases big rear-drive flagship, mum on U.S. details
USA Today, DriveOn
See more at http://content.usatoday.com/communities/driveon/index
- About the Industry Rebound
Los Angeles Times, Autos
See more at http://www.latimes.com/classified/automotive/highway1/
- This Is The Best Car Under $20,000
AOL Autos
See more at http://autos.aol.com/
- Porsche's Magnificent First Stab at the New 911
The Wall Street Journal CARS
See more at http://online.wsj.com/public/page/news-autos-automotive.html
- Fuzzy ads aside, Chrysler still has issues
CNN Money
See more at http://money.cnn.com/autos/
…more news articles are included at the end of this issue.
TITLE PROCESSING: SIGNATURE/DATING ISSUE ON SECURE POA FORM, DR 2174—SPECIAL PROCESS ALLOWED FOR EXISTING PAPERWORK
A Nov. 22, 2011 article, Signature/Dating Issue On Secure POA Form, provided an alert regarding new scrutiny being applied by county and state title processing departments on the timing/dating of this form. At that time, notice was provided that "The state has not yet issued guidance or exceptions for paperwork already in progress. We will provide an update when further information is provided.” Requests were made at that time for some grace period or exception process given that many dealerships had been doing this incorrectly, and neither counties nor the state had ever rejected based on this date-field.
In January, CADA began receiving complaints of rejections in a few counties for paperwork utilizing POAs that been signed right around the time of the original state notice, with no allowance for DMS system programming changes or that many of those trade-ins simply may not be sold until much later. The state Titles and Registration indicated a willingness to review various options, but wanted some indication of the scope of the volume of affected paperwork. CADA sent an urgent alert to the CADA Title Processing Distribution email list.* Thanks to the many responses, we were able to provide suggestions for alternatives, show that there was likely a significant volume of paperwork affected, and that tracking down these customers to obtain new POAs would be extremely burdensome to dealerships—and to counties that would need to reject and re-process this paperwork. The state Titles and Registration department did decide to make allowance for these incorrectly dated forms—a strike-out of the date and a statement-of-fact will be allowed for these. All dealerships need to ensure that the bottom signature of the person exercising the power of attorney is not completed or dated until the title is in-hand. For example, if there is a lien pay-off the date of execution cannot be the trade-in date—alerting county and state personnel that the form has been improperly dated.
CADA Dealer Alert, Secure Power of Attorney (POA) Form DR 2174, Signature/Dating Issue—Update on Existing Paperwork: Exception will be allowed, (Feb. 3, 2012, Faxed to all dealerships and emailed to the Title Processing Distribution list)
State Bulletin, Follow-Up BL11-14 DR2174 Power of Attorney for a Motor Vehicle (Secure POA) - Lien Release and Duplicate Titles (Feb. 1, 2012),
*NOTE: To ensure your key title processing staff receives urgent title processing communications, send a message to lauren.stadler@coloradodealers.org with “Add to CADA Title Processing distribution list” in the subject line.
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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
ASK THE EXPERT: ALL YOUR ENVIRONMENT AND SAFETY QUESTIONS ANSWERED
Answers to the questions you need to know but are afraid to ask.
OSHA, EPA, and DOT regulations can be very tricky and intricate. Consulting with an Environment and Safety Professional is necessary to ensure compliance with the ever changing rules and laws. Unfortunately many companies do not consult a professional until after an inspector has shown up at their facility. 
In this webinar you will have the opportunity to ask national recognized Environment and Safety Expert, Eric Schmitz, your most pressing questions and hear what challenges other automotive professionals are facing so you can be prepared at your facility. Also, Eric will discuss some of the most recent fines from the EPA, OSHA, and DOT.
Presented by Eric Schmidt, VP Products & Business Development for KPA
Date: |
Thursday February 16, 2012 |
Time: |
9:00am - 10:00am Pacific |
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10:00am - 11:00am Mountain |
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11:00am - 12:00pm Central |
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12:00pm - 1:00pm Eastern |
REGISTER ONLINE!
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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.
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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 |
Denver Auto Show
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March 21-25th, 2012
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Colorado Convention Center |
FRED F. EMICH JR. PASSES AWAY
With his bride of 61 years by his side, Fred F. Emich, Jr. died peacefully on Friday, February 10, 2012 at the age of 85. He is survived by his devoted wife, Barbara Ann (nee Ganey) Emich, five beloved children, Fred F. III (Carol) of Littleton, CO and Scottsdale, AZ, Daniel T. (Mary Jane) of Arvada, CO, Ann Emich Black of Dillon, CO, Mary E. and Thomas G. (Jeri) of Tucson, AZ; and 11 grandchildren.
Read the obituary from the Arizona Daily Star HERE.
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TOMMY FERGUSON OF FERGUSON BUICK GMC IN COLORADO SPRINGS PASSES AWAY
May 15, 1939 - February 6, 2012 NORMAN Tommy Wade Ferguson, age 72, of Norman, OK, passed away February 6, 2012. He was born May 15, 1939, in Rush Springs, OK, to Emory Thomas & Luna Mae Ferguson. Tommy is survived by his wife of 19 years, Irene, of the home; 2 sons, Jerry Ferguson & wife Melanie of Owasso, OK & Joe Ferguson & wife Pam, of Norman; step-children, Kelly Rice & wife Liz of China & Kim McKee & husband Jeff of Norman; 11 grandchildren, Ryan Ferguson & wife Leslie of Bixby, Rachel Ferguson of Tulsa, Taylor Ferguson of Owasso & Parker Ferguson of Norman, Chelsea Reimche & husband Conrad, Norman, Hunter, Holden & Hayden McKee of Norman, Max, Beck & Jaxx Rice of China; 4 great-grandchildren, Maguire & Macallen Ferguson of Bixby, OK, Braxton & Jett Reimche of Norman; 1 brother, Wayne Ferguson & wife Cindy of Norman; 1 sister, June Ledbetter of Ozark, MO; & a host of other loving family members & friends.
Continue reading this obituary from The Oklahoman HERE.
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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
- Fuel economy of vehicles sold last month ties a record high, University of Michigan study finds
Detroit Free Press, February 13
In advance of the seasonal spring hike in gasoline prices, fuel economy of new vehicles sold in the United States last month tied a record high, according to the University of Michigan Transportation Research Institute.
- The UAW's Original 'Occupy' Movement Celebrates 75 Years
Forbes, February 11
In Flint, Mich., Feb. 11 is known as White Shirt Day, when the union members’ blue collars were seen as equal to the white shirts worn by their management counterparts.
- Test Drive: 2012 EcoBoost makes Ford Edge fun
USA Today, February 12
Well now, who wouldn't want a powertrain that rockets like a high-end V-6 but sips fuel — regular grade, at that — while doing it?
- Kia plots rear-wheel-drive strategy
AUto Week, February 13
The company's first-ever production rear-wheel sedan will launch in Korea in the first half of this year. It's code-named “KH,” and it shares a platform with the Equus, Hyundai's top-of-the-line RWD sedan.
- Kia adds Red Rock Special Edition Soul to lineup
Auto Week, February 13
Kia has added another Soul special edition to its lineup, inspired by the rock formations in the southwest United States.
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