December 23, 2014



Online Automotive Platform Sponsor

TITLE SPONSOR OF THE
2014 CHARITY PREVIEW PARTY

IN THIS ISSUE

a DEALER NEWS & INFORMATION

Webinar: Dangers Lurking for Dealers With Massive Recalls

Colorado Dealer Breakfast

Auto Industry News at a Glance

Automotive News Best Practices

Clear The Air Foundation 60 Second Video

 

SPECIAL ANNOUNCEMENTS

We Deliver Business

 

UPCOMING SEMINARS

SAVE THE DATE! CADA Webinar on Recalls featuring Fairfield and Woods attorney Michael J. Dommermuth

KPA WEBINAR - NO WEBINAR, HAPPY HOLIDAYS!

Upcoming Seminars

 

REGULATORY & LEGAL UPDATES

Emission Inspection Changes for 2015: Implementation Based on Registration Date / Added Clarifications

 

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

 

LEGISLATIVE UPDATE

NADA Supports Bipartisan Effort to Reform CFPB Auto Lending Guidance

CADA Bill Tracker


CALENDAR OF EVENTS

Upcoming Events


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

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.

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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 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?
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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.


WEBINAR: DANGERS LURKING FOR DEALERS WITH MASSIVE RECALLS


COLORADO DEALER BREAKFAST


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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.


CLEAR THE AIR FOUNDATION 60 SECOND VIDEO


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EMISSION INSPECTION CHANGES FOR 2015:  IMPLEMENTATION BASED ON REGISTRATION DATE / ADDED CLARIFICATIONS

On January 2, 2015, several changes to the emission inspection program for gasoline-powered vehicles go into effect.  Click here to review the prior article. 

A key change is that the emission exemption for new vehicles will increase from four (4) to seven (7) model years.

For implementation of this change, the registration date is the key.  After Jan. 2, 2015, the programming in the computer system at counties will have been set to not require tests in the first seven model years.  County personnel rely on what the computer system indicates regarding whether an emissions test is required or not.   At this point, vehicles that are not currently exempt, but will become exempt on January 2, 2015*, dealers can stop providing the voucher or test and advise anyone who might have paperwork to be able to go the DMV before Jan. 2nd (i.e., a cash customer with time over the holidays) that if they go after that, an emissions test will not be required.

*Important note: for the emission exempt period to remain effective, a vehicle must have at least one year of the model year exemption remaining when sold.  This is not changing from how it is today. 

Additionally dealers are only required to affix an emission exempt sticker to new vehicles.  A used vehicle that is still within the emission exempt period does not need a sticker (for example, a vehicle comes in from out of state, a windshield is replaced, or for whatever reason the used vehicle that is still exempt does not have a sticker).  C.R.S. 42-4-310 (1)(b)(II).

* * * * * * * *

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.


 

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

Thursday December 25, 2014, 10:00 am Mountain Time
10-11am (MST)

NO WEBINAR: HAPPY HOLIDAYS!

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

CADA Webinar on Recalls featuring Fairfield and Woods attorney Michael J. Dommermuth 

Tues., Dec. 30

2:00-3:00pm

 

CLICK HERE for more info.!

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 NADA, 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!


Event Description
Date/Time
Location

Stay tuned!

 

 

 

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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.



ALL THE NEWS THAT'S FIT TO EMAIL!

  • When recalls go to court, NHTSA tends to win
    Automotive News, December 22

    If history is any guide, fighting the National Highway Traffic Safety Administration over recalls in court is a losing battle.
  • GM hustles to make the Malibu competitive
    Automotive News, December 22

    Car executives typically don't talk about future models more than a year before they hit showrooms for fear of dampening enthusiasm for the current one. But in the case of the Chevrolet Malibu, there's not much enthusiasm to dampen.
  • Next AIADA chair to speak out on CFPB crackdown
    Automotive News, December 22
    Bradley Hoffman, incoming chairman of the American International Automobile Dealers Association, says he plans to speak out about the Consumer Financial Protection Bureau's controversial positions on automotive lending.
  • Upbeat auto industry looks to 2015
    Warc, December 22

    Following a number of difficult years, carmakers in the US are upbeat about their prospects for 2015 as the economy continues to improve and falling petrol prices mean consumers have more disposable income.
  • 2014 CAR review: Top 5 tech trends of the year
    Car Magazine, December 22

    Apple vs Android

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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