SEPTEMBER 9, 2009


IN THIS ISSUE

DEALER NEWS & INFORMATION

Automotive News at a Glance

 

REGULATORY & LEGAL UPDATES

NADA Update on 'Cash-For-Clunkers'

Reminder: Daily Fee ("Tax") On Rental Cars Applies to Warranty Work

Updated Legal / Regulatory Articles Index Available

 

LEGISLATIVE UPDATE

Fourth Meeting of Pinnacol Assurance Interim Committee Focuses on Options For Restructuring Pinnacol

CADA Grassroots Meetings Being Scheduled Daily

CADA To Host Fundraising Breakfast for Rep. Steve King (R-Grand Junction)

CADA To Host Fundraiser For Governor Bill Ritter

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?

Colorado Springs, Performance Documentation Skills For Supervisors

Denver, Performance Documentation Skills For Supervisors

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

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.


Need Acrobat Reader
to view linked
documents?
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download from Adobe.


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.

  • U.S. Revs Up Clunker-Rebate Processing
    The Wall Street Journal, September 8
    The Department of Transportation is rushing to complete paperwork for the federal government's $3 billion "cash for clunkers" program by month's end.
  • Dealers to receive clunker cash by end of month
    Detroit Free Press, September 3
    The Obama administration has approved about $500 million of the $2.877 billion claimed in vehicle rebates under the cash for clunkers plan, approving some 120,000 of the 690,114 deals submitted.
  • Big Three get image boost
    The Detroit News, September 3
    An overwhelming percentage of new-car buyers said they would consider a vehicle made by Detroit's Big Three, according to a survey released Wednesday by the Consumer Reports National Research Center.
  • Obama fuel rules may tilt field
    The Detroit News, September 8
    The Obama administration's long-awaited proposed regulation setting fuel efficiency standards at 35.5 miles per gallon by the 2016 model year will be rolled out as early as this week.
  • Toyota to hire contract workers as sales recover
    The Detroit News, September 8
    Toyota is hiring 800 contract workers in Japan in its first such job increase in more than a year amid signs of a global recovery led by brisk sales of its Prius hybrid.
  • California to get dose of auto anguish
    Detroit Free Press, September 8
    Closure could erase 40,000 jobs in state and eliminate Toyota's only UAW plant
  • Cars Too Quiet?
    The Wall Street Journal, September 8
    An appeal of a hybrid or electric car is its super-quiet drive. But worries are growing blind people may be endangered by their silence.
  • Toyota, Honda doubled incentive spending on cars in August
    Detroit Free Press, September 3
    Toyota and Honda might have been among the biggest winners from the monthlong cash-for-clunkers stimulus, but in order to close those sales, they spent more than twice as much in August as they did a year ago on cash-back rebates, discounted financing and other incentives for cars.
  • Clunkers plan impact could have been spread, analyst says
    Detroit Free Press, September 3
    The government's cash-for-clunkers program, which boosted U.S. auto sales in August, could have had a longer-term impact on automotive sales if the program had been managed so the deals were spread out over time instead of lasting for just one month, an automotive analyst said.
  • USA Today, Open Road
  • …more news articles are included at the end of this issue.


NADA UPDATE ON 'CASH-FOR-CLUNKERS'

WASHINGTON -- Officials from U.S. DOT/NHTSA on Thursday (Sept. 3) briefed congressional staff. Here’s what was reported on the current status of the Car Allowance Rebate System (CARS):

• For the first time, DOT has set its own target of Sept. 30 to pay all claims.  (It is unclear, however, if this means that dealers will no longer be able to resubmit valid deals after this date.  It is nevertheless prudent that dealers correct any mistakes and resubmit any rejected applications as soon as possible.)

• NHTSA estimates that 120,000 of the 690,114 deals submitted have been approved with an estimated $500 million paid out.

CLICK HERE for the full update (includes NADA’s latest dealer survey of claim reimbursement status—showing about 77% of claims are still pending review). 

* * * * * * * *

REMINDER: DAILY FEE ("TAX") ON RENTAL CARS APPLIES TO WARRANTY WORK

A reminder of the new $2.00 daily rental car fee – this fee does apply to rentals that are reimbursed by the manufacturer.  To the extent a manufacturer caps the warranty reimbursement rate lower than the actual cost (including taxes), the fee/tax is still owed to the state.     

New Daily Fee on Car Rentals: Applies to Warranty, July 8th, 2009

* * * * * * * *

UPDATED LEGAL / REGULATORY ARTICLES INDEX AVAILABLE

A consolidated index of Legal / Regulatory articles has been posted on the Open Road archives page.  This is a cumulative index of articles sorted by category; you can also search for key words as well.    

Visit http://www.cadaopenroad.org to access this index and all archives.

* * * * * * * *

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


aa

FOURTH MEETING OF PINNACOL ASSURANCE INTERIM COMMITTEE FOCUSES ON OPTIONS FOR RESTRUCTURING PINNACOL

Friday, September 4th marked the fourth meeting of the Pinnacol Interim Committee.  During the day-long meeting, several options were put forth relative to a restructuring of Pinnacol’s legal status for the future.  Doug Dirks and Ann Nelson of the Employers Insurance Company of Nevada (formerly the Nevada State Fund) testified about their experiences in privatizing a state fund.  Later in the day, a panel of Pinnacol’s staff was in place to answer questions regarding the options proposed.

The majority of business groups, including CADA, have taken the position that Pinnacol is efficient and works well in its current form.  Our message to legislators has been to simply leave Pinnacol alone. 

* * * * * * * *

CADA GRASSROOTS MEETINGS BEING SCHEDULED DAILY

In large part, CADA’s legislative success is due to the active and meaningful participation of our member dealers in grassroots activism.  We are in the process of scheduling 28 meetings across Colorado between now and when the General Assembly convenes for the 2010 Session on January 13th.  To see a current list of the meetings we have confirmed, please click here and RSVP to Lauren Stadler at lauren.stadler@coloradodealers.org if you plan to attend.  We can’t wait to see you at these very important and educational meetings!

* * * * * * * *

CADA TO HOST FUNDRAISING BREAKFAST FOR REP. STEVE KING (R-GRAND JUNCTION)

On the morning of September 11th, CADA will host a fundraising breakfast in Grand Junction for Rep. Steve King.  Rep. King is running for the Senate seat being vacated by Sen. Josh Penry (R-Grand Junction) in 2010.  To view the event invitation and RSVP information, please click here.

* * * * * * * *

CADA TO HOST FUNDRAISER FOR GOVERNOR BILL RITTER

On the evening of September 14th, CADA will host a fundraising reception for incumbent Colorado Governor, Bill Ritter (D-Denver).  To view a copy of the invitation, please click here.  CADA has also agreed to host fundraisers for other gubenatorial candidates, including Sen. Josh Penry (R-Grand Junction) and former Congressman Scott McInnis (R-Grand Junction).  Please watch future editions of Open Road for details on these upcoming events.

* * * * * * * *

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 have a student at home or at work that wants 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. 14. Please also include the students 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

* * * * * * * *

PERFORMANCE DOCUMENTATION SKILLS FOR SUPERVISORS
Your best defense against employment-related lawsuits

Presented by Michael D. Johnson, an Employment Lawyer with Mountain States Employers Councel (MSEC), Colorado Springs Session, and Tina Harkness, Staff attorney with MSEC, Employment Law Services Department, Denver Session.

This seminar will be held at two convenient locations!

COLORADO SPRINGS
Monday, September 21, 2009
(Lunch included)
Noon to 3:30 p.m.
MSEC Training Center
6385 Corporate Drive
Suite 302
CO Springs, 80919

CLICK HERE for a registration form and more information on our Colorado Springs session!

DENVER
Tuesday, September 22, 2009
(Breakfast included)
8:30 a.m. to Noon
William D. Barrow Building
CADA Offices
290 East Speer Blvd., Denver


CLICK HERE
for a registration form and more information on our Denver session!

Objective:
To provide managers and supervisors with the critical skills necessary to effectively manage and evaluate employee performance. Participants will learn a performance documentation process and understand its importance in preventing legal claims. Using proven documentation techniques, participants will practice writing and maintaining job-related employee performance documentation. The seminar will focus on how the current legal climate affects supervision, as well as the "how-to's" of documenting employee actions.

Highlights of topics included:

  • Why documentation helps prevent legal claims
  • How to document behaviors, not people
  • Learn an effective documentation technique
  • Participate in typical situations that require documentation

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

Performance Documentation Skills For Supervisors

Colorado Springs

Presented by Michael D. Johnson, an Employment Lawyer with Mountain States Employers Councel (MSEC)

Monday, September 21, 2009
(Lunch included)

Noon to 3:30 p.m.

MSEC Training Center
6385 Corporate Drive
Suite 302
CO Springs, 80919

Click here for a registration form and more information

Performance Documentation Skills For Supervisors

Denver

Presented by Tina Harkness, Staff attorney with Mountain States Employers Council (MSEC), Employment Law Services Department

Tuesday, September 22, 2009
(Breakfast included)

8:30 a.m. to Noon

William D. Barrow Building
CADA Offices
290 East Speer Blvd., Denver

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: 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


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

  • When Will Ford Pass General Motors?
    Forbes, September 1
    The motto was ''Beat GM'' back in the 1950s. There's no such motto now, but it could happen.
  • Transportation Dept. has approved 20 percent of 'clunkers' payments
    The Detroit News, September 3
    The Transportation Department has approved dealer payments for about 20 percent of the cars sold under the "cash for clunkers" program, and paid them $500 million.
  • New jobless claims dip less than expected to 570K
    Forbes, September 3
    New jobless claims fell slightly last week while the number of Americans receiving unemployment benefits rose, a sign the job market's recovery will be long and bumpy.
  • OECD predicts earlier recovery than forecast
    Forbes, September 3
    The world economy is headed for an earlier recovery than previously forecast, although the pace of the rebound will likely remain modest for some time to come, the OECD said Thursday.
  • Politics takes center stage in Pueblo
    The Colorado Statesman, September 4
    Gossip about GOP Senate, governor candidates is thicker than smoke at two Pueblo barbecues.
  • Cash for Clunkers' quite good for Hyundai, Kia
    The Detroit News, September 3
    Hailed as a jump-start for the U.S. economy, the federal government's "cash for clunkers" gave the biggest boost to foreign automakers, particularly the South Koreans.
  • Keeping up sales after 'clunkers'
    The Detroit News, September 3
    Now that the "cash for clunkers" program is over, the big question is whether American consumers will slump back into unconsciousness as the adrenaline jolt of the government incentive wears off.
  • BMW Z4 has a style that flows
    Detroit Free Press, September 3
    I finally found something to dislike about the marvelous little 1-series convertible BMW introduced in 2008: The way it allowed the automaker to increase the price and weight of the lovely new 2009 Z4 roadster.
  • Hyundai, Kia take on carmaking giants
    Detroit Free Press, September 3
    Buoyed by improved quality, sharp marketing, impressive styling and strong sales, Hyundai Motor Co., along with its affiliate Kia Motors Corp., is now positioned to go head-to-head with the world's largest automakers.

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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