DEALER NEWS
REGULATORY & LEGAL UPDATES
|
Wednesday, August 15 ~ 9 am to 8 pm Marriott Denver South ~ Park Meadows Drive
Speakers and Presenters Include:
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The Wall Street Journal, July 18, 2007
Top auto executives made lobbying rounds on Capitol Hill today and appeared to be gaining some momentum in efforts to persuade lawmakers to support softer fuel economy rules.
CLICK HERE to read the entire article.
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TOYOTA
SAYS 2007 SALES FORECAST STILL ON TRACK
TO BEST GM'S 2006 RESULTS
Detroit News, July 23, 2007
TOKYO -- Toyota reaffirmed today its global sales target of 9.34 million vehicles for this year despite worries about plant closures and a sluggish market in Japan.
Toyota Motor Corp., which outpaced General Motors Corp. in global vehicle sales in the first half of the year for the first time ever, set the full-year target late last year. The target is up 6 percent from the 8.8 million vehicles it sold worldwide in 2006.
GM has been the auto industry's top seller worldwide every year for more than seven decades. It has made no forecast for this year's sales.
CLICK HERE to read the entire article.
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13 states' leaders not likely to back down in call for EPA to let them set tough standards
Detroit News, July 23, 2007
ACME, Mich. -- Michigan got plenty of sympathy Sunday from visiting governors for the state's economic struggles -- but no change in course from states seeking to regulate greenhouse gases from cars, regulations the domestic automakers say could cripple them.
"We're interested in economic growth every bit as much as Michigan is," said Gov. John Corzine, D-N.J., whose state is one of 13 seeking federal permission to set tough new limits on auto emissions of carbon dioxide.
CLICK HERE to read the entire article.
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Make
plans to
join us for CADA's
Annual Member Golf Event
on Monday, Aug. 27—
space is limited, so CLICK HERE
to register online!
This year's event
will take place at
the
Valley Country Club
at 14601 Country
Club Drive
in Aurora, which
boasts the Essence
of Colorado
Tradition. A
special thanks to
our title sponsor,
GE Money Warranty
Services.
We are also
collecting 'goodies'
for our goodie
bags. If you are
interested in
donating, please
contact Lauren
Stadler at
303.831.1722.
Note that there will
be two hole-in-one
$10,000 cash prizes,
awards for
1st/2nd/3rd place
plus valuable door
prizes! There will
also be a
professional
photographer
on-site.
|
CADA
forwards news articles and opinion columns of interest through Open Road |
Hill-terry Bill to Boost CAFE by 40%
Recently, the Senate passed an aggressive set of CAFÉ regulations that would impose fuel efficiency standards of 35 mpg without the adequate differentiation between passenger vehicles and light trucks by 2020. This is viewed by NADA and industry insiders as not only aggressive, but impossible.
CLICK HERE
to read this article by CAR lobbyist
Jeremy Cottrell.
UNEMPLOYMENT CLAIMS PROCESS: DUE DATE CHANGES
Colorado employers must modify the processing of their unemployment claim responses and appeals as a result of Colorado HB 07-1285 that goes into effect on Aug. 3, 2007. Colorado employers have traditionally had to submit the unemployment forms by the appropriate postmark date. Under the new legislation, the employer Form UIB-290,
Request for Job Separation
Information must be physically received by the Division
within the 12 days from when it was mailed to the employer. The
receipt deadline will
be contained in box two of the form.
Employer appeals of deputy decisions,
Form UIB-6, Notice of Decision, and Hearing
Officer Decisions must be physically received within 20 calendar
days of the date of mailing
to the employer. This is an expansion from the former standard
which was postmarked within 15 days.
Provided
by:
Mountain States Employers Council, Inc.
Additional information can be
found at the Colorado Labor &
Employment Department’s
web site at
www.coworkforce.com/UIT/
* * * * * * * * *
As a reminder, in June NADA mailed to all member dealers an updated version of “A Dealer Guide to Adverse Action Notices,” which contains revised guidance on when dealers should issue these notices. It is being recommended that dealerships should send their own notification of an “adverse action” based upon a person’s credit report, even if the financial institution sends one. The changes are in response to court cases around the country interpreting this very “gray area” of the law.
Additionally, Reynolds and Reynolds, a CADA endorsed vendor, has notice forms available for dealerships.
CLICK HERE for more information and how to order.
* * * * * * * * *
CLASS ACTION LAWSUITS (AND
OTHER NOT SO MYTHICAL CHARACTERS)
,
reprinted and provided by Reynolds & Reynolds
Beck addresses dealership salesperson verbal representations that could lead to class action litigation without proper management oversight. With class action litigation hitting some Colorado dealers, sales practices and representations should be carefully monitored. Ensure your sales reps are accurately representing various fees and charges and any conditions on program offerings. Hudson also references arbitration provisions as a pro-active counter-measure to class actions.
CLICK HERE to read this article.
*Emily Marlow Beck is a lawyer in the Maryland office of Hudson Cook, LLP. Prior to starting her legal career, she spent years working in a family-owned dealership.
* * * * * * * * *
UPDATED IRS PUBLICATIONS
The following NADA links are to recently updated federal agency
publications impacting members:
-
IRS--Motor Vehicle Technical Advisor Issues New Item Categories (June 2007)
-
IRS--Section 263A Automotive Alert (January 2007)
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IRS--Hybrid Vehicle Automotive Alert (January 2007)
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If you have additional questions on any legal or regulatory topics, please contact:
-
Tim Jackson, President, tim.jackson@cadaonline.org, 303.282.1448
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Tammi McCoy, VP, tammi.mccoy@cadaonline.org, 303.282.1449
Or e-mail
questions to
regulatory@cadaonline.org to reach both.
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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
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Upcoming Training Seminars
Register SOON...many seminars will be held THIS WEEK!
| Topic |
City |
Date/Time |
Location |
|
Peak Performance In Warranty Operations By Rob Campbell |
Loveland |
Register NOW... seminar is TOMORROW! Thursday, July 26 7:30 to 10:30 am breakfast included |
Johnson’s
Corner Restaurant |
|
Secrets to Creating A
Super Controller
By Sandi Jerome |
Denver |
Register NOW... seminar is TOMORROW! Thursday, July 26 8 to 11 am
breakfast included |
William D. Barrow Building
|
|
Peak Performance In Warranty Operations By Rob Campbell |
Denver |
Register NOW... seminar is TOMORROW! Thursday, July 26 12 to 3 pm lunch included |
William D. Barrow Building (CADA headquarters) 290 E. Speer Blvd, 80203 (SW Corner of Grant/Speer) 
CLICK HERE
for seminar flyer and to fax or mail your registration. CLICK HERE to register online. |
|
Secrets to Creating A
Super Controller
By Sandi Jerome |
Grand Junction |
Register NOW... seminar is THIS FRIDAY! Friday, July 27 8 to 11 am
breakfast included |
Doubletree Hotel
|
|
Peak Performance In Warranty Operations By Rob Campbell |
Colorado Springs |
Register NOW... seminar is THIS FRIDAY! Friday, July 27 9 am to 12 Noon lunch included |
Antlers Hilton Hotel |
|
Title Processing Training By various county trainers/staff |
Denver |
SOLD OUT!
Wed., Aug. 22 9:30 am to 2:30 pm
lunch included |
William D. Barrow
Building |
|
Title Processing Training By various county trainers/staff |
Denver |
Tues., Sept. 11 |
Marriott Denver Tech
Center Hotel |
| Event Description | Date/Time | Location |
|
TIME Magazine
Quality Dealer Award Nominations |
Deadline is
DUE: Thursday, July 26 |
Official nomination forms were mailed to members in May. For more information please contact CADA at 303.831.1722. |
|
Colorado Dealer
Management & Leadership
Summit
CLICK HERE for more
details! |
Wednesday, Aug. 15
9 am to 8 pm |
CLICK HERE to
register online
|
|
CADA Annual Golf Event CLICK HERE for more details! |
Monday, Aug. 27 -Sponsor Welcome 11:30 a.m.
-Noon shotgun start |
Valley Country Club 14601 Country Club Dr. Aurora, 80016 CLICK HERE for more details on Valley Country Club. CLICK HERE to register online for this event! |
|
CADA Regional
Member Briefings
_______
MDADA Annual |
Ten meetings
CLICK HERE for a _______
Tuesday, Nov. 27
lunch included |
Attendees can
register through
CADA via phone, fax or email. P: 303.831.1722, F: 303.831.9100 or E-mail: rsvp@cadaonline.org * Please note different RSVP for Colorado Springs and Pueblo meetings. _______
Cherry Hills Country
Club
Attendees can register
through |
| NADA Washington Conference | Sept. 11-12 |
Grand Hyatt Hotel, Washington, DC |
| NADA 91st Annual Convention & Expo | Feb.9-12, 2008 |
Moscone Center, San Francisco, CA |
| Denver International Auto Show | March 26-30, 2008 | Colorado Convention Center, Denver |
LET US KNOW ABOUT YOUR ACCOMPLISHMENTS!!!S!
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
milestones@cadaonline.org. Also include your contact
information for further follow-up.