AUGUST 26, 2009


IN THIS ISSUE

DEALER NEWS & INFORMATION

Automotive News at a Glance

 

REGULATORY & LEGAL UPDATES

Sales/Use Tax Database Accuracy and Accessibility Survey - We Need YOUR Assistance!

CARS Program, AKA "Cash For Clunkers" - Program Has Ended

 

LEGISLATIVE UPDATE

Transportation Legislation Review Committee Meeting

Pinnacol Assurance Meeting to Discuss Rates

CADA Looking for Intern

 

UPCOMING SEMINARS

Upcoming Seminars
Liabilities, Fraud and Bankruptcy - Oh My! What's a dealer to do in these tough economic times?

Employment Law Webinar: Reducing Lawsuit Risks of Terminations and Staff Reductions; Archive Now Available!

CADA Virtual Seminar: Manufacturer Bankruptcy: What it Means and Proactive Steps- Now Available in Pre:Recorded Format!

CADA Virtual Seminar: Employer Requirements for New COBRA Subsidy; Archive Now Available

CADA Regional Member Briefings!


CALENDAR OF EVENTS
Upcoming Events

CADA Regional Member Briefings

MDADA Annual Membership Meeting/CADA Regional Meeting

NADA Convention and Exposition

Denver Auto Show

CADA 2010 Annual Golf Tournament


DEALER MILESTONES,
HIGHLIGHTS & TRANSITIONS

CADA Annual Golf Tournament Winners

Share 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.

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
.

CLICK HERE for information on all member services.



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.coloradodealers.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

CLICK HERE for a CADA staff listing


If you have questions
or suggestions
regarding this
e-newsletter, please
contact Lauren Stadler at
lauren.stadler@coloradodealers.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 information about the
Endorsed Vendors/Programs
.

 


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 in general that appeared recently in newspapers and other media outlets across the nation.

  • Auto Makers Rethink Luxury Lines
    The Wall Street Journal, August 26
    Sales of luxury cars, once considered resistant to recessions, fell almost 21% last year -- double the decline in overall car sales -- and continue to slide this year.
  • Ritter’s New Energy Economy; stolen without permission by Obama
    Aspen Daily News, August 23
    The Obama administration has used “New Energy Economy” as a catchphrase for its goal of weaning America off of carbon-emitting fossil fuels while creating jobs to support new technologies. But Colorado Gov. Bill Ritter says it was his idea first.
  • GM to drop corporate logo from vehicles
    The Detroit News, August 25
    General Motors Co. will no longer include the silver "GM" corporate logo on its vehicles in a move to emphasize the four core brands that survived the automaker's bankruptcy.
  • Rush marks end of Cash for Clunkers
    The Denver Post, August 25
    The last day of Cash for Clunkers turned into a crash for clunkers Monday as auto dealers overwhelmed a government computer system with last-minute applications.
  • Daimler seeks to avoid Chrysler legal costs
    The Detroit News, August 24
    Daimler AG wants to make sure it is not on the hook for additional legal costs associated with a lawsuit filed by the creditors of the old Chrysler LLC.
  • Advisers suggest that GM keep ownership of Opel
    Detroit Free Press, August 25
    General Motors Co. advisers are recommending the board consider spurning a German-backed sale of its Opel unit to retain a bigger presence in Europe and Russia, a person familiar with the discussions said.
  • Ford to meet UAW leaders today
    Detroit Free Press, August 25
    Ford Motor Co. is expected to put at least two issues on the table today when it meets with UAW officials: freezing pay for entry-level workers and reducing skilled-trades job classifications.
  • Long-term impact of cash for clunkers program uncertain
    The Detroit News, August 25
    The deals are done and the new cars and trucks are tucked into garages -- or being washed and prepped for delivery. But the final reviews for the $3 billion "cash for clunkers" program won't be in for weeks or even months.
  • 'Cash for clunkers' is administrative nightmare
    The Detroit News, August 25
    At Central Avenue Nissan in Yonkers, N.Y., they love "cash for clunkers."
  • The angry left turns its wrath on Obama
    The Wall Street Journal, August 12
    The Angry Left is angry at the president of the United States. That makes it official. Nothing changed when Barack Obama became president.

SALES/USE TAX DATABASE ACCURACY AND ACCESSIBILITY SURVEY – WE NEED YOUR ASSISTANCE!

Part of legislation passed last session is an interim study to be conducted by the State Transportation Legislation Review Committee (TLRC). The purpose of this study is to assess the following regarding the information available to dealers to correctly identify and collect all sales/use taxes due on a motor vehicle:

THE COMMITTEE SHALL CONSULT WITH THE DEPARTMENT OF REVENUE, COLORADO LICENSED AUTOMOBILE DEALERS, AUTOMOBILE RETAILERS, AND EXPERTS IN THE FIELDS OF MOTOR VEHICLE REGISTRATION AND TITLING AND STATE AND LOCAL SALES TAX COLLECTION TO REVIEW:

(I) THE ACCURACY AND AVAILABILITY OF STATE APPROVED SALES TAX DATABASES RELIED ON BY AUTOMOBILE DEALERS AND RETAILERS;
(II) THE CONSISTENCY OF UPDATES TO THE STATE APPROVED SALES TAX DATABASES;
(III) THE EFFICIENCY OF THE COLLECTION OF SALES TAX ON THE SALE OF MOTOR VEHICLES FOR HOME RULE COUNTIES AND MUNICIPALITIES; AND
(IV) THE NUMBER OF OCCURRENCES THAT PAPERWORK IS RETURNED

► In order to provide this committee with the dealership perspective on the challenges associated with identifying all sales/use taxes on a car deal, it will be extremely valuable for us to have your input on the following survey.

CLICK HERE to download the survey -- please complete and return via email, fax or mail

Please send us sales/use tax discrepancy examples: In addition, any sales/use tax discrepancies that you run into for the remainder of this year where the title paperwork is rejected at the county, please send us a copy of the rejection letter so we can document these instances. We need to provide real examples of these discrepancies –especially the small dollar ones. Please fax to: 303.831.9100.

CLICK HERE for a data collection form to help gather additional data between now and the end of the year.

* * * * * * * *

CARS PROGRAM, AKA “CASH FOR CLUNKERS” – PROGRAM HAS ENDED

Contact CADA if you had any deals you were not able to submit

The CARs program officially came to an end last night.  If you are a dealership that still had pending transactions that you were not able to submit by last night’s 6:00pm deadline, please let us know.  Email Tammi McCoy and/or Tim Jackson below with the number of deals you were not able to submit and the reason(s) why.    

* * * * * * * *

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


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TRANSPORTATION LEGISLATION REVIEW COMMITTEE MEETING

Today marks the first meeting of the Transportation Legislation Review Committee (TLRC) at the Colorado Capitol. Under HB 1230, which was lobbied and promoted by CADA during the 2009 legislative session, the committee is charged with reviewing several aspects of the state and local sales tax collection process. They are:

(1) The accuracy and availability of state approved sales tax databases relied on by automobile dealers and retailers,
(2) the consistency of updates to the state approved sales tax databases;
(3) the efficiency of the collection of sales tax on the sale of motor vehicles for home rule counties and municipalities, and
(4) the number of occurrences that paperwork is returned to an automobile dealer or retailer due to inaccurate sales tax collection.

After their meetings this summer, the TLRC will make recommendations for legislation during the 2010 Legislative session. To see a copy of today’s TLRC meeting agenda, please CLICK HERE.

Please watch your fax and e-mail for a CADA member survey on your use of sales tax databases and how often title and registrations are bounced back to you due to inaccurate sales tax collection. Your participation in this survey is critical to us gathering the data we need to be most informed and effective at the Capitol on these particular issues. Thank you, as always, for your participation!

* * * * * * * *

PINNACOL ASSURANCE MEETING TO DISCUSS RATES

Earlier this month marked the second meeting of the Pinnacol Assurance interim committee, as required by SB 281 from the 2009 Session. The topic for this daylong meeting was rates, and more specifically, Pinnacol’s highly competitive rate structure. Witness after witness sang the praises of Pinnacol Assurance, providing the committee with a fantastic perspective on how well the company is operating, and is therefore able to offer its policyholder workers compensation rates that beat out most competitors. We owe a special “thank you” to Judy Nalow, HR Director for Medved Autoplex. She testified before the committee about Pinnacol’s premier customer service and the longevity of their staff and did an incredible job representing dealers. The next meeting of the Pinnacol Assurance interim committee is scheduled for Monday, Aug 31. At that meeting, the committee will hear from injured workers and their perspective of Pinnacol’s claim’s handling practices.

* * * * * * * *

CADA LOOKING FOR INTERN

Calling all students! Do you know a college student who wants to learn more about the automotive industry? Do you want to spend time at the Capitol and learn how laws are passed? Do you want to attend live tapings of media events? Then contact us!! CADA is seeking one intern for the summer and one for the legislative session, which begins in January. Please send all resumes to melissa.kuipers@coloradodealers.org and tim.jackson@coloradodealers.org by no later than Monday, Sept. 7. Please also include your hours and availability for the Fall semester.

* * * * * * * *

Questions or Comments?  Please contact:


a

LIABILITIES, FRAUD, AND BACKRUPTCY - OH MY! WHAT'S A DEALER TO DO IN THESE TOUCH ECONOMIC TIMES?

Presented by Crowe Horwath LLP, Compli, Fisher & Phillips LLP and CADA

Thursday, Sept. 10, 2009
Baur's Ristorante
1512 Curtis Street, Denver, 80202
11:00 a.m. to 11:15 a.m. Registration
11:15 a.m. to 2:30 p.m. Seminar and Lunch
Introduction by Tim Jackson, President of CADA
Moderated by Jamie Apt,
National Accounts Manager, Compli

Attendance is complimentary, but space is limited. RSVP is required.

CLICK HERE for a registration form and more information

* * * * * * * *

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

www.coloradodealers.org/registration
Event Description
Date/Time
Location
Liabilities, Fraud, and Bankruptcy - Oh My!
What’s a dealer to do in these tough economic times?
Presented by Crowe Horwath LLP, Compli, Fisher & Phillips LLP
Thursday, Sept. 10, 2009

11:00 am to 11:15 am Registration

11:15 a.m. to 2:30 p.m. Seminar and Lunch

Baur's Ristorante
1512 Curtis Street
Denver, 80202

Click here for a registration form and more information

Employment Law WEBINAR:
Reducing Lawsuit Risks of Terminations and Staff Reductions

By Todd Fredrickson, top Denver employment attorney, Fisher & Phillips, LLP

Archive of this webinar can be viewed any time

Session was completed June 18, 2009

Click here for a registration form and more information (login information and slides provided upon registration)

-Includes detailed Q &A by those linked in on June 18th

CADA Virtual Seminar: Manufacturer Bankruptcy: What it Means and
Proactive Steps for You to Prepare

Understand your rights and responsibilities in a bankruptcy proceeding

NOW AVAILABLE IN PRE-RECORDED FORMAT!

Archive of this webinar can be viewed any time

Session was completed May 1, 2009
-Includes detailed Q &A by those linked in on May 1st

Click here for a registration form and more information (login information and slides provided upon registration)

CADA Virtual Seminar: Employer Requirements for New COBRA Subsidy

Speaker: Penny Wofford, Ford & Harrison LLP


Archive of this webinar can be viewed any time

Click here for a registration form and more information (login information and slides provided upon registration)

Session was completed April 7, 2009
-Includes detailed Q &A by those linked in on April 7th


Event Description
Date/Time
Location

CADA Regional Member Briefings

- FULL LIST of location dates and times

Eleven meetings for dealers across Colorado

For more information www.coloradodealers.org/regionals
Attendees can register through CADA via Phone: 303.457.5123, FAX: 303.831.9100, or E-mail: rsvp@coloradodealers.org
* Please note different RSVP
for Colorado Springs and
Pueblo meetings. 

MDADA Annual Membership Meeting/CADA Regional Meeting

Denver

Tuesday, Dec. 1

11 a.m.- Lunch Meeting (General Session)

Plan to arrive by 10:45 a.m.

JW Marriott Denver at Cherry Creek
150 Clayton Lane
Denver 80206
Attendees can register through CADA via Phone: 303.457.5123, FAX: 303.831.9100, or E-mail: rsvp@coloradodealers.org

Complimentary valet parking

CLICK HERE to register online!

NADA Convention & Exposition Feb. 13-15, 2010

Orange County Convention Center, Orlando FL

CLICK HERE for more information from the official website.

Denver Auto Show



Wednesday, April 7, 2010

thru  

Sunday, April 11, 2010

Colorado Convention Center

700 14th Street Denver 80202

CLICK HERE for more information.

CADA 2010 Annual Golf Tournament

SAVE THE DATE!

August 23, 2010

11:00am-11:45am Registration/Practice

12:00 Noon – Shotgun Start

Lakewood Country Club
6800 W. 10th Avenue
Lakewood, CO  80214


CADA ANNUAL GOLF TOURNAMENT WINNERS

On Monday, August 24th CADA held its annual golf tournament at the Glenmoor Country Club.  Our thanks and appreciation go out to all those who participated to make this years event one of our best ever.  We would like to extend congratulations to our winners:

1st place winners
Bob Amin, Phil Long Ford
JJ Susser and Jerry Susser, Mike Shaw Subaru

2nd Place winners
Jeff Carlson and Steve Nilsson of Glenwood Springs Ford
Bob Fuoco and Anna Maria Fuoco of Fuoco Motor Company

3rd place winners
Gregg Stone and Scott Mendelsohn, Kuni Lexus
Joe Sallacio, Denver Newspaper Agency
Dick McCoy, visiting from Nebraska.

* * * * * * * *

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.


THE AFTERFACT

  • Last-minute clunker deals swamp auto dealers
    CNN.com, August 22
    Janet McBride had to send someone to fetch lunch for her Saturday. The cheerful auto dealer receptionist didn't dare leave her switchboard during the waning hours of the federal government's "Cash for Clunkers" program.
  • Consumers hit 'clunkers' obstacles
    The Detroit News, August 22
    Pamela Neamonitis is finding the government program to trade in old cars for new is a bigger clunker than her 1998 GMC Savana conversion van.
  • Toyota biggest beneficiary of clunker cash
    The Detroit News, August 22
    Detroit automakers continue to lose ground to foreign rivals in the latest tally of "cash for clunkers" sales.
  • Cash for Clunkers over, dealers still get extension to submit sales
    WZZM 13, August 25
    The "Cash for Clunker" website couldn't be accessed for most of the day Monday.
  • Glitches continue to last minute but dealers still delighted
    Detroit Free Press, August 25
    A flurry of last-minute cash-for-clunker applications Monday caused the government's computer to crash yet again -- giving more administrative headaches to dealers who've been complaining for weeks they aren't getting paid fast enough.
  • Cash for Clunkers a Jolt for Car Sales, Not a Fix
    Today's THV, August 25
    Now comes the hard part for the auto industry - luring customers without big Cash for Clunkers discounts.
  • Dealers Get More Time to File for Clunker Rebates
    The Wall Street Journal, August 25
    The $3 billion "cash for clunkers" program is a fraction of the $787 billion government stimulus, but it's offered a key lesson: enticing consumers to spend on big-ticket items can provide more bang for the buck than sending out checks.
  • Small firms develop electric cars
    The Detroit News, August 20
    Coda Automotive employs 41 people. It has a headquarters in Santa Monica, Calif., but it doesn't have its own factory.
  • GM listens, quickly kills new Buick
    The Detroit News, August 20
    General Motors Co. pulled the plug on a new Buick compact crossover, including a plug-in hybrid version, just days after the vehicle got critical reviews from groups essential to the automaker's success.

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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