APRIL 2, 2008


IN THIS ISSUE

  DEALER NEWS & INFORMATION

     - Media Highlights from the 2008
       
Denver International Auto Show

     - Denver Auto Outlook: February

     - Automotive News at a Glance

     - April is Automotive Career Month


  LEGISLATIVE UPDATE

     - Under the Gold Dome

     - California Amps Down Battery
       
Car Rule -- Again

     - Missouri State Senate Passes

       Biodiesel Requirement Bill


  REGULATORY & LEGAL UPDATES

     - Group1 Tax Locator Database Guidance

     - Title Processing REMINDER: April 3
      
is the Cutoff Date for Revised DR 2395


UPCOMING SEMINARS

     - Business Succession Planning:

       Avoid the 10 Deadly Sins

     - Designated Risk Management

       Seminar Returns to Colorado


  CALENDAR OF EVENTS
     - Upcoming Events


  DEALER MILESTONES,
     HIGHLIGHTS & TRANSITIONS

     - Two Colorado Dealers Graduate from
      
 the Dealer Candidate Academy

     - Memorial Fund Established for
       
Chad Julius' Father

     - 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 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
.



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.

        CLICK HERE for the Colorado
        Department of Labor &
        Employment
website.




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 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, Executive Assistant
Lauren Stadler
lauren.stadler@cadaonline.org
303.457.5123

Services Coordinator
George Billings
george.billings@cadaonline.org 303.457.5117


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.


  

Need Acrobat Reader
to view linked
documents? 
CLICK HERE for a FREE
download from Adobe.


     ENDORSED VENDOR/PROGRAMS

        CLICK HERE for a list of current    
        Endorsed Vendors/Programs
.
        Click on any of the logos below to
        to go directly to a vendor's webpage.


REYNOLDS AND REYNOLDS


Merchant Services

 

 

 

 


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




MEDIA HIGHLIGHTS FROM THE 2008
DENVER INTERNATIONAL AUTO SHOW

Thanks to everyone who helped make the 2008 Denver International Auto Show this past weekend such a big hit. This year's show set records for attendance in many ways starting with on-line ticket sales, which were new this year and made up about 8 percent of total ticket sales.

Sunday's attendance was an all-time record, beating the previous high set in 2002. For more than three hours on Sunday, the line stretched through the lobby of the Colorado Convention Center and outside for more than
1 ½ blocks. Additionally, for more than an hour the line stretched for 2 ½ blocks. Even with the record lines, the wait for the ticket window averaged five minutes or less.

Bill Maffeo, Medved Colorado and chairman
of the show committee of the 2008 Denver International Auto Show, believes the success of the show demonstrates pent-up demand in the automotive market. 

“Even though we are in a down market in Colorado and nationally, the tremendous participation in this year’s Denver auto show is indicative of the public’s interest in new vehicles,” said Maffeo.  “New and emerging technologies, along with progress toward power-source options and greater fuel efficiencies, are generating fresh interest in our new cars. Consumers are beginning to pay attention.” 

Pete Tynan, president of the Metro Denver Auto Dealers Association which sponsors the Denver International Auto Show, said he had never seen such a crowd at any auto show in the past. As a Volkswagen dealer, Tynan provided staff support for the VW exhibit and personally worked the show each day. 

Tynan stated, “I think each of the 500-plus cars on exhibit had its own audience and the aisles were constantly full. It seemed that the volume was three to four times that of Denver shows of the past. Many participants said this was the best show they had ever attended.”

Listed here is just some of the press coverage received for this annual event:

_______

Clearing the air
The Denver Post, April 1

The automobile industry’s increasing efforts to remove high-emitting vehicles from the road was the inspiration behind the Denver International Auto Show’s first Green-Tie Charity Preview Event gala. This $180-a-ticket benefit for Colorado’s Clear the Air Foundation was held just before the show opened at the Colorado Convention Center. CLICK HERE for photos from the event, or check out the links above or below for more images from the event:

* * * * * * * * *

DENVER AUTO OUTLOOK: FEBRUARY

The Denver Auto Outlook is filled with valuable, objective information on the metro area's new retail automotive market that can't be found anywhere else. The Denver Auto Outlook tracks registrations monthly in the seven-county Denver metro area.

Highlights from last month include:

  • Denver metro area registration for February 2008 decreased dramatically at
    a rate of 19.3 percent compared to February 2007. During the same period, nationwide registration showed only a decrease of 6.3 percent.
  • Light truck registrations were decreased significantly at a rate of 23.6 percent for the month, while car registrations were off 11.4 percent.
  • There was a decrease in registrations of 18.3 percent in the two-month period of January and February.
  • Year-to-date Denver metro area registrations show a decrease of 18.3 percent.

This newsletter is mailed to CADA members, or you can CLICK HERE to download a copy.

* * * * * * * * *

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.

  • Ritter calls for greener computing
    Colorado Daily, March 24
    The wonders of the Electronic Age might be tempered by increases in the demand for electricity, so Colorado's Gov. Bill Ritter has called on state entities to limit one use of the juice.

    On Monday, Ritter announced that Colorado would sign on with the Climate Savers Computing Initiative (CSCI). In short, CSCI entities commit to purchasing energy-efficient computing equipment and educating employees about efficient power management strategies. Also, CSCI manufacturers commit to producing efficient equipment.

* * * * * * * * *

APRIL IS AUTOMOTIVE CAREER MONTH

Plan now to host  an event during Automotive Career Month, set for April. NADA's Event Planning Kit makes it easy for you to help young people get their careers in gear. The kit includes:

  • Sample invitation letters
  • Publicity materials, including a press release, online and print ads and scripts for radio ads
  • Winning ideas from dealers, students and educators
  • An event agenda
  • Event posters with room for your dealership information

Order a kit today at www.nada.org/careers  or by calling 800.248.6232, Ext. 7147. CLICK HERE to download an Automotive Career Month Event Planning Kit.

CADA forwards news articles and opinion columns of interest
through the 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.

 


UNDER THE GOLD DOME

Your CADA lobbyist, Nancy Burke, provides weekly updates on legislative issues relevant to the automotive industry. CLICK HERE to read about the current activities taking place on the state and federal levels.

* * * * * * * * *

CALIFORNIA AMPS DOWN BATTERY CAR RULE -- AGAIN
Automotive News,  March 28

California's clean air regulators voted last Thursday to revise – yet again – state rules that originally directed automakers to put hundreds of thousands of zero-emission vehicles on the road by 2003.

The new requirement is for 7,500 zero-emission vehicles in the period 2012-14, or about a 70 percent reduction from 2003 targets.

CLICK HERE to read the entire article.

* * * * * * * * *

MISSOURI STATE SENATE PASSES BIODIESEL REQUIREMENT BILL

The Missouri Senate has passed Senate Bill 759, which requires all diesel fuel sold in Missouri to contain at least 5 percent biodiesel, or B-5.

The bill, sponsored by Sen. Bill Stouffer, would enact the requirement April 1, 2010. It now goes to the House.

Biodiesel from soybeans is more environmentally friendly and better for air quality than regular diesel, according to a news release from Gov. Matt Blunt. B-5 cuts carbon dioxide and carcinogenic emissions by more than 75 percent, according to the release, and a B-5 standard in Missouri would reduce particulate matter emissions by 15.4 million pounds and carbon monoxide emissions by 168 million pounds.

________________________________________________________

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



GROUP1 TAX LOCATOR DATABASE GUIDANCE

Group 1 (a Pitney Bowes Company) is one of the state-certified tax jurisdiction providers for retailers in Colorado. Reminders of this and one other third party option have been provided previously. An article was included in last week’s Open Road urging dealers to ensure that these third party options are being utilized, and that proof of the information returned by these certified databases is being retained with the deal paperwork. In checking an address recently in the Group1 database for accuracy, there may be a need to highlight the specific report that should be retained. 

Here is a sample lookup screen where the address and taxable amount (optional) are entered:

CLICK HERE to see a sample of the first results screen with the overall taxable amount.

On the first results screen it is important to select “Printer Friendly Report” at the bottom to view/print the detail of each tax that makes up the overall tax amount. 

CLICK HERE to see a sample detail report.


Previous Open Road articles:

  • CLICK HERE to visit the Jan. 9, 2008, for links to the two current database providers. 
  • CLICK HERE to visit the March 26, 2008, for more information on the state
    and some city “hold harmless” provisions. 

* * * * * * * * *

TITLE PROCESSING REMINDER: APRIL 3 IS THE CUTOFF DATE
FOR REVISED DR 2395

A reminder of the revised DR 2395 Verification of Vehicle Identification Number/Title Application form (Verification of Vehicle Identification Number, Colorado Dealers Statement, Title Application) with revision date of 11/30/07 must be used in title paperwork as of this week, April 3, 2008. The 90-day grace period from initial notice from the Department of Revenue has expired as of that date. The state has indicated and notified all counties that this cutoff date applies to the deal date, not the date it may be received at the county or the state. 

CLICK HERE for the Jan. 30, 2008, issue of Open Road
Regulatory & Legal section for more information and links to the form,
as well as how to order from CADA.

________________________________________________________

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

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.



BUSINESS SUCCESSION PLANNING:
AVOID THE 10 DEADLY SINS

After years of building your business, you deserve to have your business continue after you exit. This presentation will highlight the 10 DEADLY SINS of business succession planning, as well as both basic and innovative elements of an exit strategy. Presented jointly by Federated Insurance and outside counsel.

The practical ideas discussed may mean savings
of hundreds of thousands of dollars to YOU!

Don’t miss this practical and informative presentation!

WHEN: 7:30 to 9:30 a.m., Thursday, April 17
(breakfast included)
WHERE: William D. Barrow Building, CADA Offices
290 East Speer Blvd., Denver
WHO: Dealer Principals/Owners

CLICK HERE for more information on this session. CLICK HERE to register for this event, PRESENTED BY CADA ENDORSED PROVIDER, FEDERATED INSURANCE.

* * * * * * * * *

DESIGNATED RISK MANAGEMENT SEMINAR
RETURNS TO COLORADO
Unique Opportunity Presented By CADA-Endorsed Provider

  • Local opportunity to attend this comprehensive
    risk management seminar
  • Condensed one-day session of a 2 ½-day seminar
    typically held only at Federated headquarters

CADA, in conjunction with Federated, will be hosting a Designated Risk Management Seminar. This comprehensive seminar will be limited to twenty dealers, each of whom, after providing the requisite information, will be provided with comprehensive and customized materials at the seminar in April 2007. 

WHEN: 8 a.m. to 4 p.m., Tuesday, June 17
(breakfast & lunch included)
WHERE: William D. Barrow Building, CADA Offices
290 East Speer Blvd., Denver
WHO: Risk Managers (or whoever is designated with that responsibility)

CLICK HERE for a registration form and more details. CLICK HERE to register online for this event. CLICK HERE for a seminar re-cap and testimonials from other CADA members who attended last year’s session (look under “Dealer News”).


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

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

4th Annual NADC Member Conference (National Association of Dealer Counsel)

April 6 to 8

Ritz Carlton in St. Louis
100 Carondelet Plaza
St. Louis, MO 63105
phone: (314) 863-6300
CLICK HERE to register.

Business Succession Seminar presented by Federated Insurance Thursday,
April 17
7:30 to
9:30 a.m.
breakfast included
William D. Barrow Building,
CADA Offices
290 East Speer Blvd., Denver
CLICK HERE for more information. CLICK HERE to register for this event.
Section 125/Flexible Spending Accounts presented by Karla Bolinger, American Fidelity Assurance Company (Grand Junction)

Wednesday,
May 14
Noon to 2 p.m.
lunch included

DoubleTree Hotel
743 Horizon Drive,
Grand Junction, CO  81506
970.241.8888
More information coming soon!

Section 125/Flexible Spending Accounts presented by Karla Bolinger, American Fidelity Assurance Company (Denver)

Thursday,
May 15
7:30 to
9:30 a.m.
breakfast included

William D. Barrow Building,
CADA Offices
290 East Speer Blvd., Denver
More information coming soon!

Section 125/Flexible Spending Accounts presented by Karla Bolinger, American Fidelity Assurance Company (Colorado Springs) Thursday,
May 15
11:30 a.m. to 2 p.m.
lunch included
Antlers Hilton Hotel,
4 South Cascade Ave.,
Colorado Springs,  80903 719.955.5600
*Colorado Springs dealers should register with CSADA, Ann Winslow, 719.473.1465
More information coming soon!
Risk Management Seminar presented by Federated Insurance Tuesday,
June 17
8 a.m. to 4 p.m.
breakfast and lunch included

William D. Barrow Building,
CADA Offices
290 East Speer Blvd., Denver
CLICK HERE
for a registration form and more details. CLICK HERE to register online for this event.

CADA Workers Compensation Program
– Quarterly Safety Committee Meeting

June 18

More details coming soon!

William D. Barrow Building,
CADA Offices
290 East Speer Blvd., Denver
CLICK HERE for more information on the CADA workers' compensation program.
ATAE (Automotive Trade Association Executives) Service Directors Meetings July 20-23 St. Julien Hotel, Boulder, CO
CLICK HERE for a registration form. Contact Tammi McCoy for more information or if you are interested in sponsorship information.
Colorado Dealer Management & Leadership Summit

Wednesday,
Aug. 13
8 a.m. to
7:30 p.m.

Marriott Denver South at Park Meadows
CADA Annual Member Golf Event Monday,
Sept. 8
Columbine Country Club
17 Fairway Lane
Columbine Valley, 80123



TWO COLORADO DEALERS GRADUATE FROM
THE NADA/ATD DEALER CANDIDATE ACADEMY

Congratulations to Robbie Penkhus of Monument and Mario Ariano of Durango who both recently graduated from NADA Dealer Academy in McLean, Va. NADA/ATD Dealer Candidate Academy is an intensive, 12-month apprenticeship course in dealership management. Six weeks of classroom study are combined with 45 weeks of in-dealership training to prepare students for dealership management positions. CLICK HERE for more information on the NADA Dealer Academy.

* * * * * * * * *

MEMORIAL FUND ESTABLISHED FOR CHAD JULIUS' FATHER

The Colorado Automobile Dealers Association Executive Committee recently voted
to establish a memorial fund to benefit the family of Michael Julius, father of CADA employee Chad Julius. Michael lost his battle with cancer in January.

The Michael Julius Memorial Fund was set up to help the family defray expenses related to his cancer treatments and funeral expenses. To contribute to the fund, please contact Lauren Stadler at 303-457-5123 or lauren.stadler@cadaonline.org, Funds can also be mailed to: CADA Michael Julius Memorial Fund, Attn: Lauren Stadler, 290 E. Speer Blvd., Denver, CO  80203. Or payments can be sent directly to Vectra Bank: CADA Michael Julius Memorial Fund, C/O Vectra Bank, 2000 South Colorado Blvd., Suite 2-1200, Denver, CO  80222, Attn: Account # 5110016663.

* * * * * * * * *

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@cadaonline.org.  Also include your contact information for further follow-up.

 


If you want to be added to our mailing list, please CLICK HERE.

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