December 20, 2016

TITLE SPONSOR OF THE
2016 CHARITY PREVIEW PARTY

IN THIS ISSUE

SPECIAL ANNOUNCEMENTS

One LAST Title Processing Seminar – Next Wednesday in Denver – Final for 2016

Save the Date! Charity Preview Party

A Big Thank You to The 102: CADA Annual Meeting & Gala Sponsors

Legislative Grassroots Meetings

Our Thanks to EKS&H for their Title Sponsorship of the Annual Dealer Member Golf Event

If You Missed the April 12 Webinar on the New Damage Disclosure Rule, it is Now Available for Purchase On-Demand

Thank You to This Year's Sponsors of the Innovative Dealer Summit

Thank You to Our Sponsors of the 8th Annual Charity Preview Party

Register Now for the NADA Convention & Expo in New Orleans

 

UPCOMING SEMINARS & EVENTS

Title Processing Seminars Throughout Colorado

Dealer Advertising Webinar - Now on Demand!

Damage Disclosure Webinar - Now on Demand!

2016 ACA Basics - Now on Demand!

All Seminars & Events

 

a DEALER NEWS & INFORMATION

Automotive News Best Practices

Clear The Air Foundation 60 Second Video

Auto Industry News at a Glance

 

REGULATORY & LEGAL UPDATES

FTC Settles Six Auto-Recall Advertising Cases

 

ENDORSED PROVIDER

Federated Insurance: Auto Dealer Claim of the Month

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

 

ALLIED MEMBERS / ANNUAL MEMBER GOLF EVENT SPONSORSHIP ADS

Thank you to the Sponsors of the 12th Annual CADA Member Golf Event


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.

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.dealertrack.com

Dealertrack Technologies
 
- Dealer Management System (DMS)

________

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
________

www.business.officedepot.com  

Office Supplies
________

www.unifirst.com

Uniforms / Standard Workwear
________

www.wfis.wellsfargo.com

Workers compensation insurance services

 


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 its first issue on
Jan. 3, 2007.


ONE LAST TITLE PROCESSING SEMINAR - NEXT WEDNESDAY IN DENVER - FINAL FOR 2016

CLICK HERE to register online

SAVE THE DATE! CHARITY PREVIEW PARTY

A BIG THANK YOU TO THE 102: CADA ANNUAL MEETING & GALS SPONSORS

LEGISLATIVE GRASSROOTS MEETING

OUR THANKS TO EKS&H FOR THEIR TITLE SPONSORSHIP OF THE ANNUAL DEALER MEMBER GOLF EVENT

THANK YOU TO OUR SPONSORS OF THE 8TH ANNUAL CHARITY PREVIEW PARTY

THANK YOU TO THIS YEAR'S SPONSORS OF THE INNOVATIVE DEALER SUMMIT

REGISTER NOW FOR THE NADA CONVENTION & EXPO IN NEW ORLEANS


CHECK OUT CADA'S BLOGS

The 102” is the Colorado Automobile Dealers Association's blog featuring the Chair's Column, written by 2016 CADA Chair Fletcher Flower, printed in The Bulletin, CADA's monthly print publication.

CADA also recently unveiled a new events and updates blog, which you can follow by clicking here.


* * * * * * * *

CLEAR THE AIR FOUNDATION 60 SECOND VIDEO


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.


FTC SETTLES SIX AUTO-RECALL ADVERTISING CASES

The FTC announced today that it had (i) finalized its January 2016 proposed consent orders with General Motors, Lithia Motors and Jim Koons Management Company to resolve allegations of deceptive advertising related to used vehicles that are subject to open safety recalls and (ii) entered into proposed consent orders with CarMax, Asbury Motor Group and West-Herr Automotive Group to resolve similar allegations. Among other provisions, the finalized and proposed consent orders generally prohibit the dealers from stating or implying that used vehicles they offer for sale are safe, have been repaired for safety issues or have been subject to a rigorous inspection unless (i) the vehicles are not subject to an open safety recall or (ii) the dealer clearly and conspicuously discloses – in close proximity to the representation – any material qualifying information related to open safety recalls, including (a) the fact that advertised vehicles may be subject to open safety recalls and (b) how consumers can determine a used vehicle's recall status. In addition, prior to the consummation of the sale, the dealers must provide to the purchaser any written notification that they have received from a manufacturer that the motor vehicle is subject to an open safety recall or they must provide a document that conveys the same information in a substantially similar format. (Two of the proposed consent orders also permit an alternative type of written notice.) Further, the dealers may not misrepresent whether there is or is not an open safety recall on any used vehicle, whether they repair used vehicles for open safety recalls or any other material fact about the safety or recall status of used vehicles they offer for sale.

The FTC issued a Statement of the Federal Trade Commission Concerning Auto Recall Advertising Cases that explains the actions in more detail. The FTC's actions do not address other duties that may apply under state law.

* * * * * * * *

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

Title Processing Seminar

Multiple dates / locations throughout Colorado


CLICK HERE for more information

Advertising Compliance Webinar

Available On-Demand


CLICK HERE for more information

To purchase a copy, please contact:
Trainor Walsh
303.457.5115
or e-mail
Trainor.Walsh@colorado.auto

Damage Disclosure Webinar

Available On-Demand


CLICK HERE for more information

To purchase a copy, please contact:
Trainor Walsh
303.457.5115
or e-mail
Trainor.Walsh@colorado.auto

2016 ACA Basics

Available On-Demand


CLICK HERE for more information

To purchase a copy, please contact:
Trainor Walsh
303.457.5115
or e-mail
Trainor.Walsh@colorado.auto

If you have a particular area of interest or would like to suggest a training seminar topic, please contact Trainor Walsh 303.457.5115 or e-mail Trainor.Walsh@colorado.auto


FEDERATED INSURANCE: AUTO DEALER CLAIM OF THE MONTH

Federated Insurance’s “Claim of the Month” – Could it happen to you?

A sales rep drove a high-end demo home. That evening, she took friends out for dinner and drinks. On the way home, she caused an accident that resulted in two serious injuries, and the death of a single mother of three.
CLAIM AMOUNT: $3.5 million

What policies are in place to help prevent this from happening at your dealership? Do you know who’s driving your vehicles? Federated Insurance recommends several best practices to help protect your business and manage risks; for example,

  • Know your drivers. Order motor vehicle records (MVRs) on all employees who may drive company vehicles.
  • Limit the number of demos.
  • Transfer the risk: get the title out of the dealership’s name.

These are just a few loss control recommendations you can use to help protect your dealership. To learn more, contact your local Federated Insurance representative and request a copy of our Auto Dealer “Keys to Success” risk management education materials. Federated Insurance is recommended by 19 state and national auto dealer associations just like yours for customized insurance programs and value-added risk management services, such as Federated’s Shield Network®, the Risk Management Resource Center, and the Federated Employment Practices Network®. Visit www.federatedinsurance.com to discover resources you can use to create or ramp up your own risk management program.

Federated Mutual Insurance Company • Federated Service Insurance Company* • Federated Life Insurance Company Owatonna, Minnesota  55060 • Phone: (507) 455-5200 • www.federatedinsurance.com *Not licensed in the states of NH, NJ, and VT.

This article is for general information regarding risk prevention and should not be considered legal advice. The claim example is only a basis for discussion and illustrates only one possible scenario. Coverage for actual claims will be determined solely by individual policy terms and facts of the claim. The recommendations presented are not guaranteed to reduce or eliminate any risk of loss. Seek qualified counsel regarding questions specific to your circumstances. © 2015 Federated Mutual Insurance Company.

Federated Insurance specializes in general liability/business insurance for selected industries, including auto dealers.  CADA members interested in more information, contact Mike Russell, Senior Account Executive, Cell: 480.216.5445 or mdrussell@fedins.com

* * * * * * * *

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


THANK YOU TO THE SPONSORS OF THE 12TH ANNUAL CADA MEMBER GOLF EVENT


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!


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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