October 14, 2014



Online Automotive Platform Sponsor

TITLE SPONSOR OF THE
2014 CHARITY PREVIEW PARTY

IN THIS ISSUE

a DEALER NEWS & INFORMATION

The Kids are (Gonna Be) All Right

Auto Industry News at a Glance

Automotive News Best Practices

Clear The Air Foundation 60 Second Video

 

SPECIAL ANNOUNCEMENTS

We Deliver Business

 

UPCOMING SEMINARS

Advertising/Telemarketing Compliance: Webinar November 6th

Designated Risk Mangement Seminar

Employee Defection:  How to Stop and Catch a Thief

Back and Materials Handling

Title Processing – Basic / Intermediate Training

KPA Webinar: Learn to Hire Right with Non-Traditional Recruiting

Upcoming Seminars

 

ALLIED MEMBERS / ANNUAL MEMBER GOLF EVENT SPONSORSHIP ADS

Accelerated Services

Heider, Tanner & Dirks, Inc., CPA

35 Years of Raising the Standard In F&I

 

ENDORSED PROVIDER

UniFirst... The Nation's Preferred Auto Uniform Supplier

 

REGULATORY & LEGAL UPDATES

Advertising: A Re-Cap of Recent Articles

 

LEGISLATIVE UPDATE

NADA Supports Bipartisan Effort to Reform CFPB Auto Lending Guidance

CADA Bill Tracker


CALENDAR OF EVENTS

Upcoming Events


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

CADA and Medved Chevrolet host a fundraiser for State Senator Cheri Jahn, D-Wheat Ridge

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.wfis.wellsfargo.com

Insurance Services

 


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


aCADA 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 its first issue on
Jan. 3, 2007.


THE KIDS ARE (GONNA BE) ALL RIGHT


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.


CLEAR THE AIR FOUNDATION 60 SECOND VIDEO


a


 

ADVERTISING/TELEMARKETING COMPLIANCE: WEBINAR NOV. 6TH

The FTC has taken numerous high profile enforcement actions recently. 
“Operation Steer Clear” announced January, 2014 is the latest —
a nationwide sweep will continue to target dealers throughout the country. 

This session will provide a review of the latest, high-profile enforcement actions by the FTC, review long-standing FTC directives that are often overlooked, and highlight areas that state regulators have stated are key problems.  Dealers can expect increased enforcement at all levels in the advertising and telemarketing arenas. Other key topics / highlights include:

    THURSDAY, NOVEMBER 6, 2014 – 2:00-3:30 PM
    ONLINE WEBINAR - $139

    Denver - Tuesday, May 13 COMPLETED
    7:30am-10:00am - Breakfast included

    Colorado Springs - Tuesday, May 13 COMPLETED
    Noon-2:30pm - Lunch included


    Grand Junction - Wednesday, May 21  COMPLETED
    Noon -2:30pm - Lunch included

Presented by:FTC
Michael J. Dommermuth, Fairfield and Woods, P.C., an attorney specializing in the representation of motor vehicle dealers.  Michael has 27 years of experience representing dealers throughout Colorado.  Michael’s firm provides full service representation of motor vehicle dealers including, buy/sell agreements,  litigation, finance, franchise, manufacturer disputes, consumer disputes and related litigation, bankruptcy, dealer succession, class actions, and federal and state compliance.  Visit:  http://www.fwlaw.com/attorneys/michael-j-dommermuth

CLICK HERE to register!

* * * * * * * *

DESIGNATED RISK MANAGER SEMINAR

* * * * * * * *

BACK AND MATERIALS HANDLING

Strains due to lifting are one of the most frequent causes of injury for Pinnacol policyholders. Sixty percent of these claims involve the lower back and shoulder. Traditional approaches to controlling back injuries, such as proper lifting training and stretching programs, have not been successful
in reducing injuries. In this class, participants will learn the most effective strategies for reducing the frequency and severity of back injury claims. This class is designed for policyholders in “fixed industrial settings” such as manufacturing, warehousing and food processing.

Topics include:

  • The most high-risk job tasks for back and shoulder injuries

  • Ergonomic design principles for manual material handling
  • An evaluation of the seven common lifting techniques

  • An assessment tool to evaluate the recommended weight limits for lifting tasks


    Pinnacol Assurance
    7501 E. Lowry Blvd. Denver, CO 80230

    Wednesday, Dec. 10
    9–11 a.m.
Registration deadline is Dec. 5.

    This course is free for Pinnacol policyholders.
To register, visit www.pinnacol.com/employer/training.

* * * * * * * *

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

Thursday October 16, 2014, 10:00 am Mountain Time
10-11am (MST)

Learn to Hire Right with Non-Traditional Recruiting

Effective and legal hiring techniques.

Hiring a new employee is an investment in many ways, costing thousands of dollars just to get new hires finalized and in the door. Unfortunately, applicant screening can only let you know so much about a potential hire, and, if you hire the wrong individual, you can lose money terminating their employment and dealing with potential termination lawsuits. Luckily, there are non-traditional hiring techniques that can help you hire right the first time. In this webinar you will learn about the laws that affect hiring as well as alternative methods of interviewing to hire the right employees. This webinar will help you:

  • Understand the latest EEOC criminal background check decisions. 
  • Learn the legal pitfalls of using the internet and social media to hire. 
  • Be familiar with the Fair Credit Reporting Act issues.
  • Discover non-traditional hiring techniques.

Click here for upcoming Human Resources webinars.

Click here for upcoming EH&S webinars.

Previously recorded webinars are also available

aa

* * * * * * * *

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

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

The Kids Are (Gonna Be) All Right

Wednesday, Oct. 15
times vary on location


CLICK HERE for a registration form

Advertising/Telemarketing Compliance: Webinar Nov. 6th

Wednesday, Nov. 6
2:00 p.m. - 4:00 p.m.


CLICK HERE to register online!

CLICK HERE for more information!

Designated Risk Manager Seminar

Wednesday, Nov. 12
9:00 a.m. - 4:00 p.m.


CLICK HERE for a registration form

Employee Defection:  How to Stop and Catch a Thief

Wednesday, Dec. 10 Breakfast Seminar


Denver CADA
290 East Speer Boulevard Denver, CO 80203

Save the Date – More information coming soon

Back and Materials Handling

Pinnacol Assurance
7501 E. Lowry Blvd. Denver, CO 80230

Wednesday, Dec. 10
9–11 a.m.
Registration deadline is Dec. 5.


This course is free for Pinnacol policyholders.


To register, CLICK HERE

Title Processing – Basic / Intermediate Training
Presented by Cindy Vieyra
Accurate Auto Title Specialists, LLC
www.cindytitles.com

Thursday, Nov. 20th
11:30 – 2:00pm
Lunch


CADA
290 East Speer Boulevard Denver, CO 80203

More details and registration info coming soon

KPA Weekly Webinar

Special Event: HR Practices Webinar for Group Dealerships


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


ACCELERATED SERVICES

* * * * * * * *

HEIDER, TANNER & DIRKS, INC. CPA

* * * * * * * *

35 YEARS OF RAISING THE STANDARD IN F&I


UNIFIRST... THE NATION'S PREFERRED AUTO UNIFORM SUPPLIER



NADA SUPPORTS BIPARTISAN EFFORT TO REFORM CFPB AUTO LENDING GUIDANCE
  
NADA is urging Congress to pass HR 5403, a bipartisan bill that nullifies the Consumer Financial Protection Bureau's (CFPB) flawed guidance on auto lending and requires more transparency and accountability from the agency on future guidance.

The new bill, "Reforming CFPB Indirect Auto Financing Guidance Act," would allow the agency to reissue its guidance under a more transparent process.

As previously reported by GADA, in March 2013, the CFPB issued guidance that threatens to eliminate the flexibility of new-car dealerships to discount the interest rate offered to consumers to finance vehicle purchases. The CFPB claims that negotiated interest rates between dealers and their customers create a significant risk of unintentional "disparate impact" discrimination. However, there are a variety of legitimate business-related factors that can affect finance rates, such as beating a competing rate.

"HR 5403 is needed because it requires the CFPB to follow a transparent process when issuing auto finance guidance," said NADA Chairman Forrest McConnell. "The bill would rescind the 2013 auto finance guidance and require public participation for future guidance before it is issued."

NADA urges dealers to contact their House members today to co-sponsor HR 5403.

Find your House representative 

View NADA brief on HR 5403 

* * * * * * * *

CADA BILL TRACKER

Follow the Colorado Auto Dealers Bill Tracker HERE!


Advertising compliance remains an important topic for dealers.  See below for a re-cap of recent articles and information:

ARTICLE TITLE

NOTES / FORMS / GUEST AUTHORS

15-Apr-14

Advertising: A Short Quiz

By Michael Charapp, Charapp & Weiss, LLP

14-Jan-14

FTC Announces Nationwide Sweep Against 10 Auto Dealers

Link to FTC blog: "8 advertising potholes auto dealers should avoid" & DealerTrack Summary of press conference

10-Sep-13

FTC Announces Enforcement Actions Against Dealers: Advertised Discounts Deemed Deceptive

20-Aug-13

Internet Postings are 'Advertisements' and Must Include D&H Fees

Reminders relating to state law requirements.

19-Mar-13

FTC Staff Revises Online Advertising Disclosure Guidelines

Revised: "com Disclosures: How to Make Effective Disclosures in Digital Advertising"

26-Dec-12

FTC Issues Warnings about “Drip Pricing”

27-Mar-12

FTC Targets Dealerships For Deceptive Advertisements

* * * * * * * *

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.


Event Description
Date/Time
Location

Stay tuned for upcoming events!



 


 

a

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.

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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