APRIL 17, 2012

IN THIS ISSUE

a DEALER NEWS & INFORMATION

Auto Industry News at a Glance

 

REGULATORY & LEGAL UPDATES

Guest Article: Selected Litigation and Compliance Issues From Around the Country

 

LEGISLATIVE UPDATE

Alternative Fuel Tax Credit Bill Signed By Governor—To Ensure Consumers Obtain Tax Credit Incentives on Leases

CADA Bill Tracker

 

PARTICIPATE IN CADA'S INNOVATIVE DEALER SUMMIT SURVEY

Take the Survey!

 

UPCOMING SEMINARS

KPA Weekly Webinar

Upcoming Seminars


CALENDAR OF EVENTS

CADA Annual Member Golf Event

Upcoming Events


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

Best In West: Lone Tree's Massey Cited as Cadillac Dealer of Year

Grand Re-Opening Ceremony For Go Toyota

Ally Bank Hosts Reception To Honor TIME Dealer of the Year, Mike Shaw

Colorado Springs Auto Dealers Association Host Congressman Doug Lamborn for Grassroots Legislative Briefing at Start of 38th Annual Colorado Springs Auto Show

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.

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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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ENDORSED VENDOR/PROGRAMS

CLICK HERE for information about the
Endorsed Programs
.

Contact Polly Penna at CADA to request more information on any of the programs below: polly.penna@coloradodealers.org

Choosing a CADA endorsed provider supports our work for the Colorado retail vehicle industry.
________

www.afadvantage.com

Supplemental Employee Benefits
________

www.federatedinsurance.com

General Liability
________

www.incom-direct.com

Merchant Transaction Processing
________

http://www.kpaonline.com/

HR Management & Online Compliance

Environmental / Health & Safety Compliance
________

www.lbtelecom.net

Telecommunications
________

www.business.officedepot.com  

Office Supplies
________

www.reyrey.com/solutions/document
_solutions

Document Solutions / Forms
________

www.siegeloil.com

Oil, Lubricants, Service Chemicals & Reconditioning Products
________

www.unifirst.com

Uniforms / Standard Workwear
________


www.pinnacol.com

Workers Compensation


 

 


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


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.


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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.



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




GUEST ARTICLE: SELECTED LITIGATION AND COMPLIANCE ISSUES FROM AROUND THE COUNTRY

The CARLAWYER©
By Thomas B. Hudson and Nicole Frush Munro

Here’s our monthly collection of selected legislative and regulatory highlights, and a recap of some of the many auto sale and financing lawsuits we follow each month.  Remember - what we report here is not even close to being every recent development. We select those we think should be important or interesting to car dealers. Note that this column does not offer legal advice.  You should consult your dealership lawyer with any legal questions.

We include items from other states.  Why?  We want you to be able to see new legal developments and trends.  Also, another state’s laws might be a lot like your own state’s laws – if AGs or plaintiffs’ lawyers are pursuing particular types of claims, those laws and claims might soon appear in your state.  As always, though, there is no substitute for checking with your own lawyer before you rely on anything we report or if you have any questions.

Overview below – CLICK HERE for the full article.

Federal Law

  • FTC Targets Negative Equity Ads 
  • FTC Releases Consumer Complaint List

Litigation

  • Arbitration Provision in Vehicle Purchase Agreement Did Not Apply to GAP Policy Purchased Three Days After Vehicle (Oklahoma)
  • Security Agreement Must Exist Separate from Certificate of Title and Application for Certificate of Title (South Dakota)
  • Vehicle Lessor Not Liable for Acts of Licensed Repossession Agency under California Law: (California)
  • Court Refuses to Dismiss Claim that Creditors Violated ECOA by Failing to Notify Applicant of Adverse Action (Virginia)
  • Spot Delivery Transaction May Violate Florida’s Unfair and Deceptive Trade Practices Act. (Florida)

Tom (thudson@hudco.com) and Nikki (nmunro@hudco.com) are partners in the law firm of Hudson Cook, LLC.  Tom is the author of several books, available at www.counselorlibrary.com.  Tom is also the publisher of Spot Delivery®, a monthly legal newsletter for auto dealers, and the Editor in Chief of CARLAW®, a monthly report of legal developments in all states for the auto finance and leasing industry.  Nikki is a contributing author to the F&I Legal Desk Book and frequently writes for Spot Delivery.  Spot Delivery, CARLAW and the books are produced by CounselorLibrary.com LLC.  For information, call 410-865-5411 or visit www.counselorlibrary.com.  Copyright CounselorLibrary.com 2011, all rights reserved.  Single publication rights only, to the Association. (4/12) HC# 4815-1804-1615.

* * * * * * * *

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



ALTERNATIVE FUEL TAX CREDIT BILL SIGNED BY GOVERNOR—TO ENSURE CONSUMERS OBTAIN TAX CREDIT INCENTIVES ON LEASES

On May 12, 2012, HB12-1299 was signed into law by the governor.  Starting with the 2012 tax year, this bill will remove confusion on alternative fuel tax credits on leases.  Some consumers in Colorado had received notices they were ineligible for previously claimed tax credits after audits revealed that both the leasing company and the consumer had taken the credit. Department of Revenue regulations had given priority to the leasing company, and no documentation was required upfront to prove eligibility. 

Visit the prior article, State Alternative Fuel Tax Credits: Beware of Confusion on Leases, CADA Open Road, Regulatory & Legal Updates, March 27, 2012.

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CADA BILL TRACKER

Follow the Colorado Auto Dealers Bill Tracker HERE!


PARTICIPATE IN CADA'S INNOVATIVE DEALER SUMMIT SURVEYa

Thank you for participating in the 2012 Innovative Dealer Summit held Wednesday, March 21 and Thursday, March 22 at the Colorado Convention Center.
  
With so many emerging tools, trends and techniques and so much changing due to Internet marketing, it was our intent that the Innovative Dealer Summit provide timely, convenient and affordable guidance for dealers and dealership staff.
  
So that we can better understand how the Summit can be improved for the future, we are seeking your direct input. Please take a moment to click on the link below and complete the survey to provide us with your thoughts and feedback.

CLICK HERE to take the survey!

We look forward to seeing you at the next Innovative Dealer Summit!


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KPA WEEKLY WEBINAR: 
Covers an Environment & Safety or an HR topic each week

Every Thursday
 
10:00-11:00am (MST)

CLICK HERE for upcoming topics and to register!

Previously recorded webinars are also available at the above link.

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

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

KPA Weekly Webinar

Covers an Environment & Safety or an HR topic each week


Every Thursday  

10:00-11:00am (MST)


CLICK HERE for upcoming topics and to register!

Previously recorded webinars are also available at the above link.

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


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Event Description
Date/Time
Location

CADA Annual Member Golf Event



Monday, September 10, 2012

 

Colorado Golf Club
8000 Preservation Trail
Parker, CO  80134

*More Details Coming Soon*




BEST IN WEST: LONE TREE'S MASSEY CITED AS CADILLAC DEALER OF YEAR

The Denver area’s Don Massey Cadillac has been named a 2011 Cadillac Dealer of the Year award winner. “Your effort to make the customer experience a key driver of why customers repeatedly buy our products and services has earned you this award,” said Mark Reuss, president, North America, for General Motors, in a letter to the dealership.

CLICK HERE to read the entire article.

* * * * * * * *

GRAND RE-OPENING CEREMONY FOR GO TOYOTA

* * * * * * * *

ALLY BANK HOSTS RECEPTION TO HONOR TIME DEALER OF THE YEAR, MIKE SHAW

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COLORADO SPRINGS AUTO DEALERS ASSOCIATION HOST CONGRESSMAN DOUG LAMBORN FOR GRASSROOTS LEGISLATIVE BRIEFING AT START OF 38TH ANNUAL COLORADO SPRINGS AUTO SHOW

* * * * * * * *

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

  • New study shows just how 'green' electric cars are
    MSNBC, April 16
    Switching to a battery-powered vehicle will yield measurable savings in a motorist’s energy bills, according to a new study, while also reducing global warming emissions.
  • You Can Reboot Your Computer; Why Not Your Car?
    Forbes, April 15
    Owners of late-model Ford and Lincoln brand vehicles recently received something unusual in the mail: a thumb-sized USB flash drive.
  • No more retro for Mustang as it prepares to turn 50
    MSNBC, April 16
    Has retro finally run its course?  Much like Hollywood studios, automakers like to bet on sure things, and showrooms have plenty of examples of how everything old can become new again, like the latest reincarnation of the Volkswagen Beetle, and the revival of the Chevrolet Camaro.
  • It's end of the line for Chevrolet Avalanche
    The Detroit News, April 14
    General Motors Co. said Friday that it is ending production of the Chevrolet Avalanche after more than a decade because of sagging sales.

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