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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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.




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.

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.

* * * * * * * * *

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:



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:

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

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!

WHEN:

TOMORROW!!!
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

"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. 

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
Business Succession Seminar presented by Federated Insurance

TOMORROW!

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

Double Tree 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 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.

 

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