February 4, 2013



Online Automotive Platform Sponsor

TITLE SPONSOR OF THE
2013 CHARITY PREVIEW PARTY

IN THIS ISSUE

a DEALER NEWS & INFORMATION

Charity Preview Party

2014 Innovative Dealer Summit

Auto Industry News at a Glance

 

REGULATORY & LEGAL UPDATES

Fair Credit Reporting Compliance Policy & Program

Colorado Supreme Court Takes Up Major Marijuana Case

 

LEGISLATIVE UPDATE

CADA Bill Tracker

 

UPCOMING SEMINARS

KPA Weekly Webinar: How to Learn to Achieve Compliance with Technology

Upcoming Seminars


CALENDAR OF EVENTS

Charity Preview Party

2014 Innovative Dealer Summit

Upcoming Events


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

Colorado Dealers Breakfast featured State Rep. Clarice Navarro-Ratzlaff and lots of Red Bull

Bud Wells - Inside the Showroom

Dick Heider's Son at YouTube- got an Emmy

Let Us Know About Your Accomplishments!

 

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.


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 Marsha Temple at
marsha.temple@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 PROVIDER/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.
________

American Fidelity Assurance Company
www.afadvantage.com

Supplemental Employee Benefits
________

www.americanexpress.com

a Corporate Card - Rewards Program
________



www.bradfordpublishing.com

Dealer Retail Installment Sales Contract (“Rocky Mountain Bank Note”)
________

www.federatedinsurance.com

a 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
________

https://www.nadart.org/

Retirement plan management
________

www.business.officedepot.com  

Office Supplies
________

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 eighth year of service, providing uninterrupted weekly news and information for Colorado automotive professionals to better compete in our industry, since first issue, January 3, 2007.


CHARITY PREVIEW PARTY

2014 INNOVATIVE DEALER SUMMIT


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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.


FAIR CREDIT REPORTING COMPLIANCE POLICY & PROGRAM

NADA’s Legal and Regulatory Affairs department has published a Fair Credit Compliance & Policy Program for dealers.  This guidance is in response to ongoing pressures from the federal Consumer Financial Protection Bureau (CFPB) targeted at retail automotive lenders.   While dealers were carved out of direct jurisdiction of the CFPB, the lenders to which auto loans are assigned were not.  Starting last March , the CFPB has been issuing highly publicized edicts and levying allegations that there is unintentional discrimination occurring in the auto retail lending industry (referred to as a “disparate impact” theory).  Despite requests from NADA and numerous members of Congress, the CFPB has not provided any details of the methodologies used to make these allegations.   Then, in December, the CFPB and the Department of Justice announced an enforcement action against Ally.

In light of this pressure and potential for legal action, lenders will be increasingly expecting dealers to demonstrate compliance with Fair Credit Reporting laws, in order to respond to CFPB actions. Many dealers, including some in Colorado, have been receiving notices by lenders that they must be compliant with Fair Credit Reporting laws.  This program is an effort to provide dealers with a comprehensive program, based on prior DOJ settlements that may enable to dealers to better respond to all lenders. 

While this gives dealers a way to begin addressing this challenge immediately, NADA will continue to fight this battle. In Jan. 25 remarks at the NADA Convention & Expo in New Orleans, outgoing association Chairman David Westcott said: "Our message is simple: the CFPB’s effort to coerce the industry into adopting flat fees will harm the car-buying public. Rest assured that the NADA will continue to lead the charge and defend in-dealership financing."

CLICK HERE for the announcement memo with more details.  

* * * * * * * *

COLORADO SUPREME COURT TAKES UP MAJOR MARIJUANA CASE
MSEC, 01/27/2014

The Colorado Supreme Court has granted a Petition for Writ of Certiorari in the case of Brandon Coats v. Dish Network, easily the most important case regarding marijuana and the employer/employee relationship in the State of Colorado. The Court will consider two issues:

  • whether Colorado’s lawful off-duty activities statute “protects employees from discretionary discharge for lawful use of medical marijuana outside the job where the use does not affect job performance,” and
  • whether the State’s medical marijuana amendment to the Colorado Constitution “makes the use of medical marijuana ‘lawful’ and confers a right to use medical marijuana to persons lawfully registered with the state.”

Click here to read the full article.

* * * * * * * *

If you have questions on any legal or regulatory topic, please contact:

Tammi McCoy, VP, tammi.mccoy@coloradodealers.org, 303.282.1449

Tim Jackson, President, tim.jackson@coloradodealers.org, 303.282.1448

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


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CADA BILL TRACKER

Follow the Colorado Auto Dealers Bill Tracker HERE!

CLICK HERE for a copy of SB13-265.


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

Thursday
, February 6th
10:00-11:00am (MST)

How to Learn to Achieve Compliance with Technology

Learn how technology can be a key component in a successful path to environmental & safety compliance.

In the ever changing landscape that is environmental and safety compliance, a business needs to utilize all resources that they have at their disposal. The use of technology in compliance is becoming a much more vital part of the equation. During this webinar we will explore how technology can help overcome some of the following challenges of managing a thorough compliance program.

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

KPA Weekly Webinar

How to Learn to Achieve Compliance with Technology


Thursday, February 6th  

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 Marsha Temple at 303.457.5123 or marsha.temple@coloradodealers.org



Event Description
Date/Time
Location

Charity Preview Party

Tuesday, April 8 and

7pm - 10pm

Denver Auto Show
Colorado Convention Center
700 14th Street
Denver, Colorado  80202

CLICK HERE for registration and information!


Innovative Dealer Summit

Now accepting calls for presentations!

Tuesday, April 8 and Wenesday., April 9th

Sports Authority Field

CLICK HERE for registration and information!



COLORADO DEALERS BREAKFAST FEATURED STATE REP. CLARICE NAVARRO-RATZLAFF AND LOTS OF RED BULL

* * * * * * * *

BUD WELLS - INSIDE THE SHOWROOM

* * * * * * * *

DICK HEIDER'S SON AT YOUTUBE - GOT AN EMMY

Dick Heider’s son Paul works on an engineering team at YouTube that was awarded an Emmy for their cutting-edge work.  Dick Heider is a CPA who has worked with CADA for decades and has many Colorado dealer clients.  The 65th Primetime Emmy Engineering Awards were presented last Fall in Hollywood.  Congrats, Dick on your son’s success!   

Click here for more info. 

* * * * * * * *

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.




ALL THE NEWS THAT'S FIT TO EMAIL!


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