CADA Open Road eNewsletter

TOP 10 REASONS TO ATTEND THE COLORADO DEALER MANAGEMENT
AND LEADERSHIP SUMMIT

10	Get the latest dealer advice regarding dealer responsibility in use of Adverse Action Notices.
9	Hear from top dealer counsel minds – Aaron Jacoby, Rob Cohen, Michael Dommermuth, Jim Minnis, Tom Hudson, Bill Walters and Todd Fredrickson.
8	Learn about the most frequent legal challenges facing dealers and the best ways to avoid costly litigation.
7	Get the recent Supreme Court ruling regarding manufacturer pricing and how it could affect dealers' ability to negotiate prices, from MSRP to MP-Manufacturer Pricing.
6	Meet the person in charge of enforcement of Uniform Consumer Credit Code, GAP regulation, interest rate limits and related regulations.
5	Network with your peers from all over Colorado.
4	Meet the next chair of NADA, Annette Sykora.
3	Get the latest on regulatory enforcement of Colorado statutes and regulations pertaining to motor vehicle sales and dealer and salesperson licensing.
2	Meet and hear from Colorado’s top law enforcement official: John Suthers, Attorney General.
1	Hear from the most spirited and prolific spokesperson for the new car dealer: Jim Ziegler, Ziegler Supersystems.

Wednesday, August 15 ~ 9 am to 8 pm

Marriott Denver South ~ Park Meadows Drive

Speakers and Presenters Include:

Jim Ziegler, Ziegler SuperSystems		Shawn Mitchell, State Senator
Bill Walters, Walters Law Firm		Todd Fredrickson, Otten Johnson
Rob Cohen, Auto Advisory Services		Jim Minnis, NADA Legal Office
Aaron Jacoby, Venable LLP		Jack Tracey, NADC Association
Laura Udis, Colorado UCCC		Annette Sykora, NADA
Dick Bruso, Heard Above		Attorney General John Suthers

Michael Dommermuth, McGloin, Davenport, Severson and Snow, PC

Tom Hudson, Hudson and Cook, LLP, author of CARLAW
presents Raising the Compliance Bar at Your Dealership

Each participant will get a complimentary copy of CARLAW!

CLICK HERE for more details!

U.S. Needs energy plan, not politics

The Denver Post, Aug. 1, 2007

Congress has a chance to take meaningful steps toward reducing this country's dependence on fossil fuels and fostering energy independence.

While the omnibus energy bill, set to be voted upon Friday in the U.S. House, includes measures important to the entire country - and could significantly benefit Colorado and the West - the package looks more like a compromise than a comprehensive strategy.

House Speaker Nancy Pelosi, who is hurrying the legislation before Congress' recess, has had a difficult job keeping a diverse coalition of Democratic votes on board so that the measure has a hope of passing.

The bill has been the subject of intense lobbying by oil interests, automakers and others. As a result, it does not include proposals to use more ethanol as a substitute for gasoline, nor does it change the way royalties are collected from offshore federal oil and gas leases or increase auto fuel economy standards.

CLICK HERE to read this entire article.

* * * * * * * * *

FORD TO RECALL 3.6 MILLION VEHICLES

Automotive News, Aug. 3, 2007

WASHINGTON (Reuters) -- Ford Motor Co. is recalling as many as 3.6 million vehicles because a switch that deactivates the speed control can overheat, smoke or burn, the National Highway Traffic Safety Administration said today.

The agency said in a notice that the switch problem could result in a fire under the hood.

The Ford vehicles involved include trucks, cars and SUVs with model years ranging from 1992 to 2004, depending on the particular vehicle.

FAULTY SWITCH PROMPTS RECALL OF 3.6 M FORDS

Detroit News, Aug. 3, 2007

Ford Motor Co. announced Friday that it is recalling another 3.6 million vehicles because of ongoing problems with a cruise control switch that has already sparked several fires and prompted five other recalls. All told, the company has now recalled some 10.4 million vehicles because of the defect, making it the largest recall for a single vehicle problem in
U.S. history.

The latest recall involves more than a dozen cars, trucks, vans and sport utility vehicles
built between 1991 and 2004, including such popular models as the Ford F-150, Mercury Mountaineer and Lincoln Town Car.

CLICK HERE to read the entire article.

* * * * * * * * *

CHRYSLER BEGINS NEW ERA

As a private company, automaker faces stiff challenge to increase sales, regain profitability in tough market.

Detroit News, Aug. 4, 2007

The "new" Chrysler debuted Friday as a privately held American company determined to prove it can shed its old boom-or-bust image. In a historic deal that rocked the auto industry, Cerberus Capital Management officially took control of Chrysler in a $7.4 billion buyout marking the end of the 9-year-old DaimlerChrysler merger.

The acquisition liberates Chrysler from its former German parent and gives the 82-year-old automaker a fresh start under the ownership of New York-based Cerberus, one of the nation's largest private equity firms.

CLICK HERE to read the entire article.

So long chrysler, it's been real

The Wall Street Journal, Aug. 1, 2007

Turns out Friday was the final day for the DaimlerChrysler AG marriage, which has to go down as one of the worst mergers in history.

It was with a certain glee, in fact, that boss Dieter Zetsche announced an official name change. The Chrysler name will be dropped, Mr. Zetsche wrote in a memo to employees. Instead, the German auto maker will be known simply as Daimler AG -- "a name that will connect us to our past and signal the launch of a new era." Translation: "Phew, we're glad that's over. And no more trips to Detroit in December!"

CLICK HERE to read this entire article.

* * * * * * * * *

UAW, Automakers Enter new contract talks

The New York Times, Aug. 5, 2007

DETROIT (AP) -- As bargainers for the United Auto Workers and the domestic automakers
try to reach a new contract, Kenneth Cooksey is one of many workers who doesn't
understand why the companies are so focused on the cost of labor.

By most accounts, labor expenses for General Motors Corp., Ford Motor Co. and Chrysler LLC amount to about 10 percent of the price of a new vehicle, including wages, benefits
and ''legacy'' costs for retiree pensions and health care

CLICK HERE to read this entire article.

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..

* * * * * * * * *

DENVER AUTO OUTLOOK: JUNE

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 and read more about what the June Outlook contains.

* * * * * * * * *

COLORADO AUTO OUTLOOK: Q2

The Colorado Auto Outlook is filled with valuable, objective information on the state's new retail automotive market that can't be found anywhere else. This newsletter was mailed to CADA members today, or you can CLICK HERE to download a copy and read more about what this quarter's Colorado Auto Outlook contains.

* * * * * * * * *