January 16, 2008

If you have trouble viewing
any of the links or documents in this e-newsletter, please CLICK HERE to access the web-based version.

  DEALER NEWS & INFORMATION
     USA Today Dealer Innovation Award
       Nominations Now Being Taken

     - Automotive News at a Glance
      

  LEGISLATIVE UPDATE

     - And They're Off...News Coverage

       from the First Week of the 2008

       State Legislative Session


  REGULATORY & LEGAL UPDATES

     - Form 8300 Cash Reporting -

       Consumer Notice Reminder

     - Title Processing: Douglass County

       Dealer/Lienholder Workshop

     - Index to 2007 Regulatory & Legal

       Articles Added to Archives Page


 
UPCOMING SEMINARS

     - NEXT WEEK: Employment
       Law Seminar


 
CALENDAR OF EVENTS

     - Upcoming Events

 
DEALER MILESTONES,
     HIGHLIGHTS & TRANSITIONS

      - DEAC Fundraising Efforts Garner
        National Attention

      - Let Us Know About YOUR
        Accomplishments

 



   
ARCHIVES

       CLICK HERE
for Open Road
       e-newsletter archives.

 

       CLICK HERE for 2007 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 detail 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
.

 



www.nada.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

 


If you have questions or
suggestions regarding this
e-newsletter, please
contact Nancy Burke at nancy.burke@cadaonline.org 

Click here or scroll to the bottom
of this page if you want to be
added or removed from our list.




Visit us at www.cadaonline.org.


CADA Hours of Operation
Monday to Thursday, 7 a.m. to 5 p.m.
Friday, 7 a.m. to 4 p.m.



   
CADA STAFF

 

President

Tim Jackson

tim.jackson@cadaonline.org 

303.282.1448

 

Vice President

Tammi  L. McCoy

tammi.mccoy@cadaonline.org

303.282.1449

 

Vice President -
Public Policy & Communications

Nancy J. Burke

nancy.burke@cadaonline.org

303.457.5115

 

Bond Coordinator

Linda Toteve

linda.toteve@cadaonline.org

303.457.5122

 

F&I Resource Center -
Manager

Chad Julius

chad.julius@cadaonline.org

303.457.5119

 

Insurance Services

Account Manager

Deb Lay

dlay@cadaonline.org  

303.282.1453

 

Insurance Services

Account Manager

Bob Kogel

bobkogel@cadaonline.org

303.282.1457

 

F&I Resource Center/
Forms, Services Coordinator

Lauren Stadler

lauren.stadler@cadaonline.org

303.457.5123

 

Services Coordinator

George Billings

george.billings@cadaonline.org

303.457.5123

 


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--------------------------------

 

Employment Law Seminars to be held NEXT WEEK! CLICK HERE to register...

 

 

USA TodaY Dealer Innovation Award Nominations Now Being Taken

 

Are you aware of a special dealership success story involving significant energy savings? Nominate that dealer — yourself or someone else — for the USA Today Dealer Innovation Award! This award recognizes "green" dealerships that have implemented effective initiatives to save energy, reduce utility costs and help protect the environment. The deadline for nominations is Feb. 15.

 

Four winners will be chosen and will be featured in a full-page ad in USA Today and NADA's AutoExec magazine. One grand winner, selected from among the four, will be honored at a special ceremony on March 18, held in conjunction with the New York International Auto Show, and will receive roundtrip airfare and hotel accommodations for two in New York City and two VIP auto show passes.

 

To nominate yourself or someone else, CLICK HERE to complete and submit the official nomination form.

 

* * * * * * * * *

 

AUTOMOTIVE NEWS AT A GLANCE

 

Listed here are several articles pertaining to the auto industry that appeared recently in newspapers and other media outlets across the nation.

CADA forwards news articles and opinion columns of interest through Open Road to inform members of current events. These in no way reflect the views, opinions, and/or positions of CADA or its member dealers. They are sent for informational and educational purposes only.


 

 

 

 


 

And they're off...News Coverage fROM the first week of
the 2008 STATE Legislative Session

 

The Colorado General Assembly began meeting last week and will continue until May. Before the session began, CADA dealers were the target of several prospective legislative proposals that will intertwine among the healthcare, transportation and environment issues, which will likely assume a good portion of the legislative agenda at the state capitol this year. Listed here are several articles highlighting the beginning of this year's legislative session and the media's take on what will happen in 2008:

 

 --------------------------------------------------------------------------------------------------------------------

 

If you have questions on any legislative topic, please contact:


 

 

FORM 8300 Cash Reporting -- Consumer Notice Reminder by Jan. 31

 

Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or related transactions must complete a Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business. Form 8300 is a joint form issued by the IRS and the Financial Crimes Enforcement Network (FinCen) and is used by the government to track individuals that evade taxes and other criminal activities. Although the cash reporting requirements apply to many types of businesses, auto dealerships frequently receive cash in excess of $10,000 and are required to comply with the filing requirements.

 

Additionally, businesses must notify customers that it has filed a Form 8300 regarding their cash transaction(s) -- in writing, by Jan.31  of the subsequent calendar year. Excerpt from publication 1544 is below:

 

Required statement to buyer.  You must give a written or electronic statement to
each person named on any Form 8300 you must file. You can give the statement electronically only if the recipient agrees to receive it in that format. The statement
must show the name and address of your business, the name and phone number
of a contact person, and the total amount of reportable cash you received from the person during the year. It must state that you are also reporting this information to
the IRS.

 

The IRS form and publications on this topic are:

 

Cash Payments of More Than $10,000

Forms and Instructions:

8300

Report of Cash Payments More Than $10,000 Received In a Trade or Business

CLICK HERE for PDF.

Publications:

1544

Reporting Cash Payments of More Than $10,000

CLICK HERE for PDF.

 

* * * * * * * * *

 

Title processing: Douglas County motor Vehicle
dealer/lienholder workshop

 

The Douglas County Motor Vehicle department is offering a Dealer workshop this month.

When:    Wednesday, Jan. 23, 2008, 9 a.m. to 4 p.m.

Where:   Castle Rock Motor Vehicle Location (basement level training room)

                301 Wilcox Street, Castle Rock, CO  80104

Contact:  Katy DeBoer or Heather Lincoln at 303.660.7440

(Space is limited to the first 28 reservations)

 

See their web site for more information:  www.douglas.co.us/clerk/motorvehicle/

 

CLICK HERE  for the flyer with more information.

 

* * * * * * * * *

 

 

An index to all 2007 Regulatory & Legal Articles has been added to the Open Road archives from last year:

www.cadaopenroad.org/enewsletter/enews_archivesssss2007.htm

 

 

 ----------------------------------------------------------------------------------------------------------------

 

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

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.


Two seminars will be held NEXT WEEK...register now!

Top Denver EMPLOYMENT attorney, Todd FredricksoN,

Shares Knowledge throughout The state


Top Ten Blunders Employers Make in Hiring and Firing

 

CLICK HERE for flyer/registration form.

 

 

Practical advice to prevent employment litigation:

 

  • Learn to avoid mistakes that often lead to big ticket employment litigation

  • Learn to address hiring issues head on, such as creating and maintaining sound pre-hire paperwork, complying with federal and state immigration laws, and not falling prey to breach-of-contract lawsuits

  • Learn to properly handle employment terminations without landing yourself or your business in the middle of a discrimination or wrongful discharge lawsuit

  • Learn to better manage your employees when dealing with difficult hire and fire issues

Todd Fredrickson, is a shareholder at Otten Johnson in Denver. Specifically, Todd has defended employers against claims of discrimination, harassment, and retaliation based on race, color, religion, sex, national origin, age, and disability. He regularly counsels clients on a spectrum of personnel management issues, with the goal of avoiding litigation altogether. To that end, he advises employers on developing and enforcing proper application and interview policies, employee handbooks, and employment and compensation agreements. Todd also counsels employers on compliance with federal and state wage and hour laws. Much of Todd's practice focuses on training supervisors, managers, and other employees on such issues as sexual harassment, discrimination, employee discipline and discharge, and investigation of employee grievances. Todd states that educating clients is one of his favorite aspects of his job, because "In doing so, we truly become part of the client's enterprise." 

 

“I thought Mr. Fredrickson’s presentation was excellent! He was
easy to understand and concise, his presentation was relevant to
our industry, and most importantly, he provided specific suggestions
and recommendations that we were able to easily implement at our
dealership. I highly recommend this seminar.”
                                        --Cindy Swanson, Controller, Planet Honda

 

TO REGISTER ONLINE FOR
ANY CADA SEMINAR OR EVENT, PLEASE VISIT:
www.cadaonline.org/registration

Topics City Date/Time Location

Employment Law Seminar
by Todd Fredrickson
of Otten Johnson
Denver

NEXT WEEK!
Thursday, Jan. 24

7:30 to 9:30 a.m.

breakfast included

William D. Barrow Building
290 E. Speer Blvd, 80203
(SW Corner of Grant/Speer)
Denver, 303.831.1722
Employment Law Seminar
by Todd Fredrickson
of Otten Johnson
Loveland NEXT WEEK!
Thursday, Jan. 24

Noon to 2 p.m.

lunch included 

Co’s BMW Center
4150 Byrd Drive
2nd Floor Conf. Room
Loveland, 80538
(I-25 and Crossroads Exit 259)  970.292.5200
Employment Law Seminar
by Todd Fredrickson
of Otten Johnson
Colorado Springs Wednesday,
Jan. 30

8:30 to 10:30 a.m.

breakfast included

Antlers Hilton Hotel
4 South Cascade Ave.
Colorado Springs,  80903 719.955.5600
à Colorado Springs dealers should register with CSADA, Ann Winslow, 719.473.1465
Employment Law Seminar
by Todd Fredrickson
of Otten Johnson
Pueblo Wednesday,
Jan. 30

Noon to 2 p.m.

lunch included

Spradley Auto West
713 E Spaulding Ave
Pueblo West, 81007
719.543.6710
(Exit 101 West Royal Gorge/Canon City)


 

Event Description Date/Time Location
NADA 91st Annual Convention & Expo Feb. 9-12 Moscone Center,
San Francisco, CA
Annual Colorado Dealer Breakfast during NADA Sunday, Feb. 10
7:15 a.m.

The Palace Hotel

Twin Peaks Room

2 New Montgomery Street

San Francisco, 415.512.1111 RSVP information
coming soon!

Legislative Policy Committee (LPC) Meeting Thursday, Feb. 14
7:30 a.m.
William D. Barrow Building 290 E. Speer Blvd, 80203
(SW Corner of Grant/Speer)
All CADA members are invited to attend. For more information, contact Nancy Burke at 303.457.5115.
Denver International
Auto Show
March 26-30 Colorado Convention Center, Denver
CADA Golf Event

Monday, Sept. 8

Columbine Country Club
17 Fairway Lane
Columbine Valley, 80123


 


 

 

Deac Fundraising EffortS Garner National Attention

 

Colorado will finish the 2007 year as the number seven (#7) fundraiser for the NADA Dealer Election Action Committee (DEAC). This is NADA’s political action committee, which helps dealers contribute to the political election campaigns of pro-business, pro-dealer candidates for election or re-election to the U.S. Congress.

 

DEAC fundraising increased in Colorado from just over $39,000 for the year in 2006 to more than $61,000 for 2007—an increase of more than 50 percent.  As significant an increase as that is—and it is significant—it is further magnified by the fact that 2006 was an election year and 2007 isn't. A special thank you to Nancy Ariano and Jeff Carlson, who led the effort for this ongoing NADA and CADA priority. 

 

Additionally, Colorado has grown by five (5) in our number of DEAC President's Club members. New Colorado DEAC President's Club members at $5,000 each for 2007 include:

  • Bob Ghent, Ghent Motor Company

  • Mike Faricy, The Faricy Boys Chrysler Jeep

  • Mike Ferris, Western Slope Auto

  • Ed Bozarth, Bozarth #1 Chevrolet

  • George Eidsness, Transwest Trucks

 

They join the following dealers who continued their DEAC President's Club membership standing at $2,500 each:

  • Nancy Ariano, New Country Auto Center

  • Jeff Carlson, Glenwood Springs Ford

  • John Schenden, Pro Chrysler Jeep

  • Lee Payne, Planet Honda

  • Dean Dowson, Empire Lakewood Nissan

  • Dick Heiman, Lithia Motors

  • Bill Vidmar, Vidmar Motors

  • John Medved, Medved Colorado

* * * * * * * * *

 

LET US KNOW ABOUT YOUR ACCOMPLISHMENTS!!!

 

Have you or anyone else at your dealership won an award recently? Has 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@cadaonline.org.  Also include your contact information for further follow-up.

 

 

 


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Colorado Automobile Dealers Association
290 East Speer Boulevard Denver, CO  80203
Telephone:  303.831.1722
  |  Facsimile: 303.831.4205
www.cadaonline.org