APRIL16, 2008

IN THIS ISSUE

  DEALER NEWS & INFORMATION

     - Automotive News at a Glance

  LEGISLATIVE UPDATE

     - Under the Gold Dome

     - Bill Requiring Minimum Auto
       Sound Levels Expected

  REGULATORY & LEGAL UPDATES

     - Title Processing Revised DR 2394 -
       Statement of Fact

     - NADA Login ID/Password
       Can Be Obtained Online

UPCOMING SEMINARS

     - TOMORROW: 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

     - Loveland Dealer and Sons to

       Ride for Rotary

     - 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 2008 Regulatory
       & Legal Articles from the Open
       Road e-newsletter.

       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 

Executive Assistant/Member
Resources Coordinator
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.

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     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.

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.

• Blue law will fade to black
  The Denver Post, April 3
  Gov. Bill Ritter has pledged to sign a bill allowing Sunday liquor sales — a move that prompted a threat of a ballot initiative from retailers who stand to lose money.

  Ritter's office said Thursday that he would sign the bill Monday morning.

• Unions explode in Colorado
  Rocky Mountain News, April 10
  The unions that pushed the hardest for Gov. Bill Ritter's executive order granting them a larger voice in state government could soon see a nearly fourfold increase in membership.

• Car makers set to survive tsunami but fight of CO2
  The Detroit News, April 12
  European manufacturers are currently in the smug zone. They are better placed than usual to weather the upcoming storm. Their prospects could be the definition of a virtuous spiral. Fixed costs have been brought down, productivity is impressive, and capital spending has been reined in.
  

• Quality has hitch for Ford dealers
  Detroit Free Press, April 12
  Ford Motor Co. is improving the quality of its cars and trucks but, in an ironic twist, the gains come at a price for dealers who have come to depend on regular warranty work to keep their stores in the black.

• Strong Demand Drives Rising Car Sales in China
  Wall Street Journal, By Patricia Jiayi Ho
  BEIJING -- Chinese demand for autos in the first quarter of 2008 showed resilience, with sales up sharply for big auto makers despite the country's slumping stock market and rising inflation.

  About 2.58 million vehicles were sold in China from January through March, up 21% from a year earlier, according to data from the China Association of Automobile Manufacturers.

• Shareholder groups drop emission demands on Ford
  The Detroit News, April 12
  A coalition of shareholder activists has dropped its demand for Ford Motor Co. to do more to reduce greenhouse gas emissions, saying the Dearborn automaker has convinced member groups that it has a plan for addressing its contribution to global warming.

• Nissan goes after U.S. work trucks
  The Detroit News, April 8
  Nissan North America Inc. is out to loosen the stranglehold that Ford Motor Co. and General Motors Corp. have on the business of selling light trucks to commercial customers.

  The Japan-based automaker on Monday announced plans to launch three new commercial vehicles for U.S. consumers starting in 2010. The American subsidiary of Japan-based Nissan Motor Co. said it will spend $118 million to expand and retool its plant in Canton, Miss., to build vans and trucks.
  

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.

* * * * * * * * *

BILL REQUIRING MINIMUM AUTO SOUND LEVELS EXPECTED
Automotive News, April 9

Legislation setting a minimum sound level for vehicles sold in the United States by as early as 2010 is expected to be introduced today in the U.S. House of Representatives.

The bill would require the U.S. Secretary of Transportation to lead a study to determine if a minimum sound level is needed to protect pedestrians, specifically the blind. And if such a level is necessary, the bill would set it.

CLICK HERE to read the entire article.

________________________________________________________

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

• Nancy Burke, Vice President - Public Policy and Communications, nancy.burke@cadaonline.org, 303.457.5115
• Tim Jackson, President, tim.jackson@cadaonline.org,  303.282.1448

TITLE PROCESSING REVISED DR 2394 - STATEMENT OF FACT

The DR 2394 form, which is a combined form that includes the Statement of Fact was updated with revision date of 11/30/07 and must now be used in title paperwork in lieu of older versions. Changes noted include:

• The Colorado Revised Statue (CRS) number was corrected from CRS 43-6-115 to CRS 42-6-115
• At the bottom of the form in the box above the signature area, “I swear under penalty of perjury…” was modified to “I certify under penalty of perjury…”

CLICK HERE for a copy of the revised form.

* * * * * * * * *

NADA LOGIN ID/PASSWORD CAN BE OBTAINED ONLINE

The NADA web site contains a wealth of information and links on Federal compliance/regulatory matters. In CADA Legal & Regulatory Open Road articles, we often include links to specific NADA publications or regulatory information available on the members-only section of the NADA web site. Additionally, when purchasing publications, being logged in allows you order items at the lower members-only price. We receive calls periodically asking about how to obtain login information to access these materials. 

Management staff of NADA member dealers can go to the main NADA web site, and follow these simple steps to obtain an ID/Password to access detailed information that is only available to NADA member dealers. 

1. Go to www.nada.org
   
2. At the very top-right, blue bar that displays “Welcome, you are not logged in….”, select “CREATE LOGIN”
3. Follow the detailed instructions on how to register; including where/how to find your “company ID” or to request it directly from NADA. Additionally, CADA can look up your NADA company number as well; feel free to call the main desk here at 303.831.1722. 
   

________________________________________________________

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

• Tammi McCoy, Vice Pres., tammi.mccoy@cadaonline.org, 303.282.1449
• Tim Jackson, President, tim.jackson@cadaonline.org,  303.282.1448

BUSINESS SUCCESSION PLANNING:
AVOID THE 10 DEADLY SINS

SEMINAR TO BE HELD TOMORROW!

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.

• Current estate taxes are due in nine months.
• Only 28% of family-owned businesses have a succession plan.

The practical ideas discussed may mean savings
of hundreds of thousands of dollars to YOU!
Don’t miss this practical and informative presentation!

"It's critical for every client to know he or she is our most important client. People come to see us because they have questions about issues central to their lives--their families, their businesses, their future. Every day I am honored that our clients trust us to help them with what matters most."
----Michael Franzmann, attorney with Gouger Franzmann & Hooke, LLC (presenting in conjunction with CADA Endorsed Provider Federated Insurance)

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. 

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

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

Congratulations to Ken Simon of Grand Junction and Jay Weibel of Longmont 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.

* * * * * * * * *

LOVELAND DEALER AND SONS TO RIDE FOR ROTARY

For the next three summers, Ryan Ferrero and his two sons will take a 1,000-mile bike ride across the United States to support the Loveland Rotary Club. Ferrero, owner of Ferrero I-25 Chrysler Jeep Dodge in Loveland, Riley, 9, and Dylan, 7, will ride on a Pino Tour tandem hybrid bike for this event. 

Ridin' for Rotary is a charitable ride to support their dictionary project, with a goal of more than $5,000. The purpose of this bike ride is for every 3rd grader in the Thompson R2-J School District to receive a dictionary courtesy of the Loveland Rotary Club. 

Between June 19 and July 3, 2008, the three "boys" will be dipping the traditional rear-tire in the Pacific in Astoria, Oregon. Then the Ferreros will ride a self-supported 800-mile solo tour through the Oregon Cascade Mountain Range through Boise, completing their first of three legs in Sun Valley, Idaho. Summer 2009 and 2010 will complete the journey in Washington DC where the front wheel will be dipped in the Atlantic.

"We will raise money to ensure that every 3rd grader receives the New Heritage full-color hard-backed dictionary," said Ryan. 

To support Ridin' for Rotary,
CLICK HERE for more information
or visit www.RyanFerrero.com/Rotary.

* * * * * * * * *

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.