MAY 1, 2012

TITLE SPONSOR OF THE
2012 CHARITY PREVIEW PARTY

IN THIS ISSUE

a SPECIAL ANNOUNCEMENTS

Dealers Urged to Participate in NADA Workforce / Compensation Study

 

a DEALER NEWS & INFORMATION

Auto Industry News at a Glance

 

REGULATORY & LEGAL UPDATES

Business ID Theft Alert From Secretary of State Scott Gessler

Unclaimed Property Department Offering Workshops For Colorado Businesses

 

LEGISLATIVE UPDATE

CADA Bill Tracker

 

UPCOMING SEMINARS

Colorado Dealer Counsel - Luncheon & Issues Briefing

Unclaimed Property Workshops
KPA Weekly Webinar

Upcoming Seminars


CALENDAR OF EVENTS

CADA Annual Member Golf Event

Upcoming Events


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.

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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.


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 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.


DEALERS URGED TO PARTICIPATE IN NADA WORKFORCE / COMPENSATION STUDY
Deadline Extended to May 15th!

NADA and ATD member dealers have until May 15, 2012, to take part in NADA’s new Dealership Workforce Study (DWS) that will analyze employee compensation, benefits, turnover and other data. There is no cost to participate in the study. This enhanced annual study replaces the prior biennial NADA Compensation Study. 

The study will provide dealers with valuable comparative data to assess and adjust, if necessary, their employee compensation programs, health and retirement benefit packages, and find out what it takes to be competitive in recruiting new employees,”
said Marilynn Youngs, senior director of NADA University.

The online survey should take you about 20 minutes to complete! You do not have to go through your payroll records at all. Simply download your payroll data from your DMS, save in the Excel template provided on the DWS website, and upload using the secure web server. Follow the step-by-step instructions on the DWS website. 

***Visit the survey web site to participate***
www.nadaworkforcestudy.com
Participating dealers receive an individualized comparison report (Basic Report) and a Driven Management Guide summary report at no charge.

Why should I participate in the DWS?

  • Learn how your dealership compares to other dealerships in terms of compensation, benefits, retention, turnover, and other factors—and fine-tune your pay plans and benefits packages to enhance your recruitment, motivation, and retention efforts
  • Make the results as complete, detailed, and statistically valid as possible—the more participants, the more authoritative the study can be
  • Provide the data to enable NADA and your state and metro associations to better serve your interests in legal and legislative matters
  • Provide information that NADA University can use to determine the HR issues facing dealers and to develop the educational solutions needed to address those issues

Additional Information:


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.




BUSINESS ID THEFT ALERT FROM SECRETARY OF STATE SCOTT GESSLER
Letter to Auto Dealers, April 24, 2012

Dear Auto Dealer:

I’m writing to alert you to the growing crime of business identity theft—and what our office is doing to help you protect your business. Recently, a New Hampshire consumer thought he was purchasing a vehicle from a used car dealership in Wyoming. After wiring $35,000 to the dealer, the car never arrived at its destination.

Turns out, the legitimate dealership had shut its doors and the entity name was hijacked by a phony online auto dealer using the Wyoming Secretary of State's web site.

My office has aggressively worked to curtail these kinds of hijackings, also known as business identity theft. We recently implemented a password protection system to help ensure that only authorized registered agents can make changes to their business filings. This password could help lock out wrongdoers attempting to assume control of a business name and their credit.

You can learn more about this crime by visiting www.ProtectYourBusiness.usPlease also consider setting up a password to protect your business registration files in the Secretary of State’s registration database. 

We're working to prevent fraud aimed at our local business owners and safeguard the credit they've worked so hard to develop. Please visit my web site http://www.sos.state.co.us to apply for a password and help us shut down these identity thieves.
  
Sincerely,
Scott Gessler
Secretary of State

CLICK HERE for a PDF copy of the letter.

* * * * * * * *

UNCLAIMED PROPERTY DEPARTMENT OFFERING WORKSHOPS FOR COLORADO BUSINESSES

Businesses are invited to free Unclaimed Property workshops in June 2012 presented by the Colorado Department of Treasury and TruePartners Consulting.  Annual unclaimed property reports are due November 1st each year to the state of Colorado covering unclaimed property through June 30th of that year.  Indications from state regulators are that almost every dealership will have some unclaimed property.  Audit risk and liabilities can extend back ten years. 

Workshop topics will include:

What is Unclaimed Property? |  Do I have to report? | Holder responsibility and reporting | Building a compliance program |  Audit survival technique |  Privacy and security concerns | and much more…..

The workshop is designed for accountants, controllers, compliance officers, CPAs and people who process payroll, accounts receivable or accounts payable.  

For more information on Unclaimed Property requirements, visit the prior article, Unclaimed Property Reporting Reminder (CADA Open Road, September 13, 2011). 

Workshop Dates and Times:
The workshops are free but space is limited.  Please call (303) 866-6039 or email shannon.smith@state.co.us to confirm attendance.  

June 7th
10:00 to 12:00 am at Main Library Branch, 1001 Arapahoe Avenue, Boulder, CO 80302

June 13th
Session 1 -  9:00 to 11:00 am, at  Pierce St. Meeting Room, 1881 Pierce
Street, Lakewood, CO 80214

Session 2 - 1:00 to 3:00 pm , at Pierce St. Meeting Room, 1881 Pierce Street, Lakewood, CO 80214 - For CPA’s Only

June 15th    
10:00 to 12:00 am at Harmony Library, 4616 South Shields, Ft. Collins, CO 80526

June 28th    
10:00 to 12:00 am at Rockrimmon Library, 832 Village Center Dr., Colorado Springs, CO 80919

* * * * * * * *

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



CADA BILL TRACKER

Follow the Colorado Auto Dealers Bill Tracker HERE!


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COLORADO DEALER COUNSEL - LUNCHEON & ISSUES BRIEFING
Legal, regulatory and legislative briefing on issues of importance to attorneys representing Colorado automobile dealers

Wednesday, May 23, 2012
11:30am-1:30pm

William D. Barrow Building, CADA Headquarters
290 East Speer Blvd
Denver, Colorado 80203

Topics to be covered:

  • 2012 legislative session wrap up
  • Federal legislative/regulatory issues
  • State regulatory and compliance updates
  • UCCC compliance audits
  • Legal hotline for dealers
  • Retail Installment Sales Contract
  • Internet marketing compliance update
  • 2013 legislative agenda (ideas/suggestions)
  • Open discussion; any areas of concern

REGISTER ONLINE!

* * * * * * * *

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.

aa

* * * * * * * *

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

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

Colorado Dealer Counsel - Luncheon & Issues Briefing

Wednesday, May 23, 2012

11:30am-1:30pm


William D. Barrow Building
CADA Headquarters
290 East Speer Blvd
Denver, Colorado 80203

REGISTER ONLINE!

Unclaimed Property Workshops

By CO Department of Treasury

Various dates and times in June


CLICK for listing.

RSVP:  Call (303) 866-6039 or email shannon.smith@state.co.us

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 17, 2012

 

Colorado Golf Club
8000 Preservation Trail
Parker, CO  80134

*More Details Coming Soon*




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

  • Toyota rebounds but encounters stronger rivals
    The Detroit News, April 30
    After grappling for three years with one disaster after another, Toyota Motor Corp. is back on track: It's boosting sales and output, bolstering its vehicle-development operations and ratcheting up the pressure on rivals.
  • Men go for flashy cars, women want small imports
    MSNBC, April 27
    Guys, a new study reveals, like cars that are flashy, big and brawny.  They love the smell of petrol and the sound of a big V-8.  Women, on the other hand, like smaller imports powered by fuel-efficient I-4s.
  • Look, ma, no hands! Cadillac's self-driving car
    MSNBC, April 27
    Google has attracted plenty of attention for its work on autonomous self-driving cars. But have you noticed any “Google Motors” dealers near you to sell such cars? I didn’t think so.
  • VW, Hyundai first-quarter profits exceed expectations
    The Detroit News, April 27
    Volkswagen AG, the world's second-largest carmaker, and South Korea's fast-growing Hyundai Motor Co. reported better-than-expected first-quarter profits Thursday after outpacing their rivals in major markets.

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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