May 30, 2007
Volume #1, Issue #22

  DEALER NEWS

     - Forget Chrysler, CAFE
       Matters More

     - Environmentalists: U.S. Will Reject
       Climate Proposals

     - CADA F&I Resource Center
     - Denver Auto Outlook
 

  LEGISLATIVE STATUS REPORTS
     - Global Emission

  REGULATORY & LEGAL UPDATES
    -
Secure and Verifiable ID: Not
      Required on Government Vehicles
    - Auto Industry Division: Revised
      Salesperson Application Form

  UPCOMING SEMINARS
    - Lifeline to Profits
    - Creating a Super Controller

  CALENDAR OF EVENTS
    - 
Upcoming Events

  DEALER MILESTONES,
     HIGHLIGHTS & TRANSITIONS

    - 
Two Local Dealers Featured
      on Cover of National Magazine
    - 
Summer Interns Still Available
    - 
CADA Speakers Available
      for Local Group Events and
      to Educate the Public 
    - Let Us Know About YOUR

      Accomplishments


    Click here for Open Road archives.



 www.nada.org
 


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LAST CHANCE! Learn How to Create a Lifeline to Profits…Gain the competitive edge you need at this dealer participation workshop!


FORGET CHRYSLER, CAFE MATTERS MORE

The Car Connection, May 16, 2007
 

Okay, a few words about Chrysler.

Morale is growing at the Auburn Hills, Mich., headquarters as well it should. The new owners have said they want to build the business, not sell it off. That's good but we must wait to see what they really do, and that is months away.

CLICK HERE to read the entire article.

 

* * * * * * *

 

ENVIRONMENTALISTS: U.S. WILL REJECT CLIMATE PROPOSALS

USA Today, May 26, 2007
 

LONDON (AP) — The United States is preparing to reject new targets on climate change at a Group of Eight summit next month, dashing German and British hopes for a new global pact on carbon emissions, according to a document released by environmentalists.

CLICK HERE to read the entire article.

 

* * * * * * *

 

CADA F&I RESOURCE CENTER
 

The CADA F&I Resource Center would like to share with you a product partner Allstate/
AHIS, which offers several
standard, over remit, reinsurance, and blended GAP cost options such as:

·         100% Colorado, Ford Motor Credit, GMAC and all major lender approved forms

·         Blended rate/cost structures available

·         Pays up to $1,000 of consumer's deductible

·         No MSRP limits and no NADA book limits

·         Pays up to two delinquent payments

·         Allows up to $100,000 financed amount

·         F&I Legal Shield program with up to $10,000 in legal fee assistance

 

CLICK HERE for more information and feel free to contact us for your personalized CADA GAP opportunity. Stay tuned to your mail, email, phone, and future Open Road editions for more information on many F&I Resource Center changes and enhancements. If you have any questions, please contact Chad M. Julius, Director CADA F&I Resource Center, 303.831.1722,  chad.julius@cadaonline.org.

 

* * * * * * *

 

DENVER AUTO OUTLOOK
 

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

 

 

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


GLOBAL EMISSION

 

A topic of great debate and popularity is the current whirlwind surrounding "green" ideals, eco-friendly impact, and global warming. This growing subculture of society has resulted in one of the fastest-growing sectors of product development, building development, lifestyle modifications, and notably a marked evolution in transportation.  

 

In conjunction with the move toward meeting consumers' demand for Earth-friendly products, companies have began investing significant amounts of capital in researching, testing, and producing the next generation of "green" products.

 

Auto manufacturers have seen a dramatic shift within the last five years with the advent of E-85 capabilities, widespread hybrid technology, diesel alternatives including "clean diesel", and a wide array of developing technologies. The reason for the increase is two-fold. First, consumer demand for vehicles that utilize more efficient fuel standards, as well as adhering to the recent popularity of the hip green lifestyle. Second, government mandates dictating standards to be imposed upon the auto industry.

 

CLICK HERE to read this article by CAR lobbyist Jeremy Cottrell. 


 


SECURE AND VERIFIABLE ID: NOT REQUIRED ON GOVERNMENT VEHICLES

The state Titles and Registrations Division has issued
a memo indicating that Secure and Verifiable ID (SVID)
is not required on vehicles that are owned or leased by
a government entity.

 

The term government entity includes: a state, county, city, town, service authority, school district, local improvement district, law enforcement authority, city or county housing authority, or water, sanitation, fire protection, metropolitan, irrigation, drainage, or other special district or any other kind of municipal, quasi-municipal, or public corporation organized pursuant to law.

 

Right-click here to download pictures. To help protect your privacy, Outlook prevented automatic download of this picture from the Internet.  CLICK HERE for a copy of the memo issued on May 22, 2007.  


                                                                    * * * * * * *
 

Auto Industry Division: Revised Salesperson Application Form
 

The Auto Industry Division (AID) has released a new version of the Salesperson
License Application (DR 2115), and also created a new one (DR 2115 WEB) for use
with the online salesperson application. Primarily, the form has been updated to reflect
the requirements that previously went into effect at the beginning of this year regarding proof of lawful presence for the issue of state licenses.CADA informed dealers of these new requirements in the Jan. 3, inaugural issue of Open Road. 
CLICK HERE to access
an updated description of the Lawful Presence requirements on AID's web site. Note
that the "other" forms of ID (which includes out-of-state drivers' licenses) that had
initially been acceptable until March 1, 2007 were extended to continue to be allowable
until July 1, 2007.

 

CLICK HERE for the DR 2234 Salesperson Application Information, an overview and written description of requirements and current procedures for obtaining a salesperson license (revision date 1/30/07). 

 

* NOTE:  A reminder that the salesperson bond amount will increase from $5,000 to $15,000 on July 1; this form has not yet been updated to reflect that change since it is
not yet effective
.

 

  ---------------------------------------------------------------------------------------------------------------------

 

If you have additional questions on any legal or regulatory topics, please contact either Tammi McCoy or Tim Jackson:

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.


Seminar is next week...sign up soon!!

LIFELINE TO PROFITS SEMINAR

Wednesday to Friday, June 6-8, 2007

Denver (CADA Headquarters)

 

Is your dealership operating at peak performance? Are your current operations designed
to capitalize on profit opportunities? In conjunction with the National Automobile Dealers Association (NADA), this Lifeline to Profits workshop is an outstanding opportunity to develop a strategy and action plan for maximizing your dealership’s profits.

 

NADA trainers will help you identify untapped profit opportunities in your dealership. You will take home a practical action plan specifically designed for you. This in-depth and intensive two and a half-day session will provide you the essential edge you need to more effectively compete in today’s competitive market.

 

In order to fully benefit from this exciting opportunity, it’s important to bring your numbers:

  • Financial statements

  • Repair orders

  • Parts stock order figures

  • Vehicle inventory and used vehicle appraisals

 

You’ll begin and end each day with a developmental session that refines a specific dealership action plan for you based on information covered in the workshop. You’ll discuss the most positive action, event or result your dealership has seen in the last six months.

 

In addition, you’ll be asked to provide trainers with information about a critical concern you’d like to identify as a key element in the improvement of your operation. Most important, be prepared to actively participate.

 

Specifically, the association’s Lifeline to Profits program “can help you meet any number of challenges, from having too much inventory to seeing our cash flow
trickle to a near standstill,”
said Dale Willey, Chairman of NADA.

 

We strongly encourage you and your key managers
to attend this valuable workshop.

 

  Seminar is NEXT WEEK, so please enroll today!

 

DATE/TIME:   8 a.m. to 5:30 p.m., Wednesday, June 6, 2007 (breakfast, lunch & dinner)

                        8 a.m. to 5:30 p.m., Thursday, June 7, 2007 (breakfast & lunch)

                        8 to 11:30 a.m., Friday, June 8, 2007 (breakfast)

 

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

 

TRAINERS:     Brad Lawson, NADA Group 20 Team Leader

         Mark Rogers, NADA Dealership Management Consultant

 

  CLICK HERE for seminar flyer and to fax or mail your registration.

 

CLICK HERE to register online for this three-day seminar.
 

* * * * * * *

 

SECRETS TO CREATING A SUPER CONTROLLER

Are you providing your dealer and managers with the reports they really need to make more money? Do you know what reports are crucial to monitoring your dealership and increasing profits?  In this dynamic half-day seminar, noted speaker, former super controller and consultant Sandi Jerome will give you the essential tools and information you need to answer these questions with a resounding yes!

 

Become a super controller and drive your dealership’s bottom line!

 

This is a must-attend event for general managers, office managers and CFOs who need
to move from everyday “bean counting” methods to mastering super controller techniques that increase efficiencies, save time and drive profits.

 

In today’s competitive market, it’s critical that dealers have a “super controller” who’s focused on two things: maximizing profits and helping others streamline their processes. Don’t miss this opportunity to learn essential super controller secrets from Sandi Jerome, a sought-after speaker, former super controller, consultant and recognized expert in dealership internal controls.

 

Due to space constraints, this seminar

 is limited to the first 48 registrants.

Sign up today!

 

City

Date/Time

Location

Denver

Thursday, July 26

8 to 11a.m.

 

(breakfast
included)

William D. Barrow Building
(CADA/MDADA headquarters)
290 E. Speer, Denver,
SW Corner of Grant & Speer

CLICK HERE for seminar flyer and to fax or mail
        your registration.  
 

       
CLICK HERE to register online.

 

Grand
Junction

Friday, July 27

8 to 11a.m.

 

(breakfast
included)

Doubletree Hotel, 743 Horizon Drive
970.241.8888

CLICK HERE for seminar flyer and to fax or mail
        your registration.  

     
  CLICK HERE to register online.

 


upcoming events

 

Event Description

Date/Time

Location

CADA Annual Golf Event

Monday, Aug.27


-Sponsor Welcome
11:30 a.m.
 

-Noon shotgun start

Valley Country Club

14601 Country Club Dr., Aurora

 

CLICK HERE for more details on Valley Country Club.

  CLICK HERE for a reminder flyer to save the date.
 

Regional Member Briefings

 

Fall 2007
Dates to be determined

Locations to be determined

MDADA Annual
Membership Meeting

Tuesday, Nov. 27

11 a.m. to 2 p.m.

Cherry Hills Country Club

(more details to follow soon)

 


Two Local Dealers Featured on Cover of National Magazine


Colorado auto dealers have two cover models in our midst--Christina Dawkins and Ryan Ferrero of Motorplex in Centerra can be seen gracing the cover of the May issue of NADA's AutoExec magazine.

If you are not familiar with the new Motorplex, it is
the region's first master-planned auto park located in Loveland, offering more than 100 acres of retail space for dealers, as
well as a nearby planned community of homes, stores, restaurants and even a hospital.

 

Dawkins recently moved her BMW location from Fort Collins and saw her customer base triple, and Ferrero's Chrysler/Jeep/Dodge store moved from a cramped space
four miles away to a space twice as big.


According to the article, Ferrero's dealership "went from a mom-and-pop small-town
store to being a regional superstore."
 

Motorplex has plans for 11 dealerships in all. The auto park is located at the interchange
of Crossroads Boulevard and I-25, near Fort Collins which was named last year by
Money
magazine as the No. 1 small city to live in America.

 

* * * * * * **
 

Summer Interns Still Available

The Automotive Youth Educational Systems (AYES) is a nationwide partnership of
dealers and selected high school and technical prep schools, working together to encourage young people's participation in a career in the auto industry. Robert C. Sidebottom is the Colorado AYES manager who works with dealerships and students
on internship programs and educational endeavors.
He has several students from Pikes Peak Community College in Colorado Springs who are looking for auto experience and
are available for interning this summer.
If your dealership is interested in participating in the summer internship program, contact Robert at bobsidebottom@msn.com, or

CLICK HERE for  more information on AYES.
 

* * * * * * **

 

CADA SPeakers AvailablE For Local Group Events
and TO EducatE the Public

 

CADA is ramping up to roll out information that can be used community-by-community
and can provide local presentations at your community service groups, including:  Rotary Clubs, Kiwanis Clubs, Lions Clubs, Optimist Clubs, rtoma, Exchange Clubs, local Chambers of Commerce and other local civic, social, business, professional and service organizations. Topics available:

  • Automotive Technology Offers Consumer Choice, Cost-savings and Alternative Power

  • Congress and Colorado General Assembly – Review of recent legislative action and what it means to you, your business and Colorado’s economy

  • Colorado’s Small Business – Powering Colorado’s economy with job creation and growth

  • Auto Fuel Source Emerging options to include Flex-Fuel (E-85), Hybrids, Clean Diesel, Hydrogen, Plug-in Electric

  • Colorado’s Constitution – Ease of change has brought on the opportunists and crazies!  How the easiest to change state constitution has hurt Colorado’s future                          

On many auto industry topics, the public is receiving only part of the story through the mainstream press. CADA is here to help answer some of their questions on topics the press is covering, including:

  • Congress is considering tougher than reasonable increases in CAFÉ (Corporate Average Fuel Economy) standards, while state-by-state, legislators consider standards than are tougher than the national standards.

  • Colorado’s General Assembly, just off a session that provided huge incentives for development of renewable energy, is now considering tougher carbon emission standards than Congress has enacted nationally.

  • Without doubt, fuel price increases are changing the way consumers purchase vehicles. But is the consumer informed of the fundamental changes in technology and diverse fuel and power sources the automotive industry has already developed?  Consumers, as they have done in every previous energy cost acceleration scenario, are moving toward industry-provided alternatives. Yet, the choices for consumers could become dramatically limited if Congress or the Colorado General Assembly overreach.

Speakers from CADA are ready to address all the topics and more! To schedule local presentations, please contact Tim Jackson, CADA President, tim.jackson@cadaonline.org, 303.282.1448.

 

* * * * * * *

 

LET US KNOW ABOUT YOUR ACCOMPLISHMENTS!

Have you or anyone else at your dealership won an award recently? Has 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 openroad@cadaonline.org.  Also include your contact information for further follow-up.

 


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

 

Copyright 2007 Colorado Automobile Dealers Association.  All Rights Reserved.