doug moreland doug moreland - Colorado Automobile Dealers
Transcription
doug moreland doug moreland - Colorado Automobile Dealers
Vol. 11, Issue 1 January 2011 DOUG MORELAND 2010 Colorado Dealer of the Year See Page 2 Don Gerbaz Column ........................ page 2 Regulatory & Legal News ................ page 4 Tim Jackson Column ......................... page 6 Legislative Update ............................. page 7 Colorado Auto Outlook ...................... page 8 NADA News ..................................... page 12 Calendar of Events .......................... page 15 NADA Convention .......................... page 16 Chair’s Column OPENING THE DOORS TO 2011 Here we are in a new year and while business improved in 2010, as new car dealers we still face many ongoing challenges. Even in the face of those challenges, though, dealers have found ways to survive and, yes, many have found ways to thrive. This makes it only that much more impressive that Colorado dealers are of the highest quality through involvement in our businesses, communities and our association’s priorities. Thanks to all the dealers and key dealership employees who contributed to Colorado’s success with DEAC in 2010. We have tremendously effective associations in NADA and CADA. Through these associations we as dealers open the doors and of halls of the Capitol and of Congress. Yet we as dealers have the keys to those doors. Our many legislative and regulatory successes come as a result of our support for our associations. That support can include both our time and our money. Don Gerbaz CADA Chair When CADA arranges meetings with legislators, it only takes at most a couple hours of our time to show up and provide the support that makes the relationship building so much more meaningful. 2 The relationships that are built in Washington and the Colorado Capitol are important to our businesses, paying ongoing dividends by promoting understanding of our industry by legislators. When it comes to getting the work done that leads to our legislative and organizational success, there are those dealers who are always there to help pull the wagon (association). And there are the others who are always in the wagon being pulled. Our goal is to involve more dealer members in helping pull the wagon. When CADA arranges meetings with legislators, it only takes at most a couple hours of our time to show up and provide the support that makes the relationship building so much more meaningful. Between DEAC and the time given to let legislators know what is happening in our FRUQHURI&RORUDGR¶VHFRQRP\ZHKDYHJDLQHGLPPHDVXUDEOHEHQH¿WIRURXUGHDOHUVKLSV our industry and ourselves. ,ORRNIRUZDUGWRD\HDU¿OOHGZLWKRSSRUWXQLW\DV&KDLUPDQRI&$'$DQGZDQWWRH[press my sincere appreciation for everyone who keeps our incredible association charging DKHDG:HDUHEOHVVHGZLWKLQFUHGLEOHVWDIIDQGWHUUL¿FGHDOHUVWKDWVXSSRUWWKHJRDOVRI &$'$PLQLPL]LQJWKHULVNVDQGPD[LPL]LQJWKHUHVXOWVIRUDOO ...IN NADA NEWS... Registration for Convention in San Francisco Up 15 Percent — Advance UHJLVWUDWLRQIRUWKH1$'$&RQYHQWLRQ([SRLQ6DQ)UDQFLVFRLVXS percent compared to the same time last year. All but two hotels have sold out, DQGWKHH[SRÀRRULVIXOO³3DUWLFLSDWLRQLQWKH1$'$FRQYHQWLRQLVRIWHQD bellwether for the overall health of the auto industry, and the brisk registration is just another sign the industry is making a comeback,” says Jack Caldwell, chairPDQRI1$'$¶VFRQYHQWLRQFRPPLWWHHDQGD7R\RWD6FLRQGHDOHUIURP&RQZD\ $UN,QDGGLWLRQWRIUDQFKLVHPHHWLQJVZRUNVKRSVDQGVHYHUDOKXQGUHGH[KLELWV the 2011 NADA convention will feature industry speakers Jim Lentz, president DQGFKLHIRSHUDWLQJRI¿FHURI7R\RWD0RWRU6DOHV86$1$'$&KDLUPDQ(G 7RQNLQDQG1$'$9LFH&KDLUPDQ6WHSKHQ:DGH2WKHUVSHDNHUVLQFOXGHIRUPHU 866HFUHWDU\RI6WDWH&RQGROHH]]D5LFHDQGDLUOLQHSLORW³6XOO\´6XOOHQEHUJHU Dealer Academy Accepting Applications for 2011 Classes — The NADA Dealer Academy is accepting enrollments for classes starting in 2011: two for 'HDOHU&DQGLGDWH$FDGHP\'&$DQGWZRIRU*HQHUDO'HDOHUVKLS0DQDJHPHQW $FDGHP\*'0,QGLYLGXDO$FDGHP\FODVVHVHJ)LQDQFLDO3DUWV6HUYLFHDQG 9DULDEOH3DUWVDUHDOVRRSHQWRGHSDUWPHQWPDQDJHUVZKRPD\DWWHQGD week of classes even if they don’t have a student in the Academy program. Call H[WRUHPDLODFDGHP\#QDGDRUJWRJHWDQDSSOLFDWLRQ Colorado Automobile Dealers Association January 2011 Colorado Dealer of the Year TIME MAGAZINE AND GOODYEAR HONOR COLORADO DEALER DOUGLAS MORELAND WINS NATIONAL RECOGNITION FOR COMMUNITY SERVICE AND INDUSTRY ACCOMPLISHMENTS AT NADA CONVENTION 'RXJODV0RUHODQG3UHVLGHQWRI&RORUDGR6SULQJV'RGJHD'RGJHGHDOHUVKLSLQ&RORUDGR6SULQJV&RORUDGR KDVEHHQKRQRUHGIRUKLVQRPLQDWLRQIRUWKH7,0('HDOHURIWKH<HDUDZDUG7KH7,0('HDOHURIWKH<HDU DZDUGLVRQHRIWKHDXWRPRELOHLQGXVWU\¶VPRVWSUHVWLJLRXVDQGKLJKO\FRYHWHGDZDUGVIRUQHZFDUGHDOHUV5Hcipients are among the nation’s most successful auto dealers, but they must also demonstrate a long-standing commitment to effective community service. 0RUHODQGZDVFKRVHQWRUHSUHVHQWWKH&RORUDGR$XWRPRELOH'HDOHUV$VVRFLDWLRQLQWKHQDWLRQDOFRPSHWLWLRQRQHRIRQO\DXWRPRELOHGHDOHUVIURPQDWLRQZLGHQRPLQDWHGIRUWKHQGDQQXDODZDUG7KHDZDUGLVVSRQVRUHGE\7,0(LQDVVRFLDWLRQZLWK *RRG\HDUDQGLQFRRSHUDWLRQZLWK1$'$$SDQHORIIDFXOW\PHPEHUVIURPWKH5RVV6FKRRORI%XVLQHVVDWWKH8QLYHUVLW\RI0LFKLJDQVHOHFWVRQH¿QDOLVWIURPHDFKRIWKHIRXU1$'$UHJLRQVDQGRQHQDWLRQDO'HDOHURIWKH<HDU ³7REHVHOHFWHGDVWKHFDQGLGDWHIURP&RORUDGRE\P\IHOORZGHDOHUVWREH7,0(0DJD]LQH 'HDOHURIWKH<HDULVH[WUDRUGLQDU\´VD\V0RUHODQG 0RUHODQGJUDGXDWHGIURP6DQ5DPRQ&$+LJKLQDQGDWWHQGHG%ULJKDP<RXQJ 8QLYHUVLW\DQGWKH8QLYHUVLW\RI1HYDGD5HQRZKHUHKHSXUVXHGDGHJUHH LQEXVLQHVVEHIRUHODXQFKLQJKLVFDUHHULQWKHDXWRPRWLYHEXVLQHVVLQDW5HQR'RGJH where he started as lot tech and had moved up to general manager by the time he left in JanuDU\³,VWDUWHGZRUNLQJIRUP\IXWXUHIDWKHULQODZLQ´VD\V0RUHODQG³EXW,OHIW 5HQR'RGJHIRUDQRSSRUWXQLW\WRRZQDGHDOHUVKLSLQ'HQYHU´ ([SODLQV0RUHODQG³,HQWHUHGLQWRDEX\VHOOZLWK+DQN7RULDQIRUWKHSXUFKDVHRI&KHUU\ &UHHN'RGJHDQG¿QLVKHGWKHEX\VHOOLQ,EXLOWXSWKHGHDOHUJURXSWR¿IWHHQGHDOHUVKLSVDQGLQ0D\,VROGVHYHQRIWKHGHDOHUVKLSVWR/LWKLD0RWRUVDQGUHWDLQHGHLJKWRI WKHPXQGHUSULYDWHRZQHUVKLS´0RUHODQGZDVUHJLRQDOYLFHSUHVLGHQWRI/LWKLD0RWRUV5RFN\ 0RXQWDLQ'LYLVLRQIRUWKUHH\HDUVGXULQJZKLFKWLPHKHVROGDIHZRIWKHRWKHUGHDOHUVKLSV ³,Q´KHVD\V³,HQWHUHGLQWRDGHDOZLWK/LWKLD0RWRUVWREX\EDFN¿YHGHDOHUVKLSV, VROGWRWKHPLQIRXURIWKHGHDOHUVKLSVZLWK&KU\VOHUEUDQGV$QG,KDYHMXVWDFTXLUHGD'RGJH'HDOHUVKLSDQG0D]GD´ ,QWKHDUHDRIFRPPXQLW\VHUYLFH0RUHODQGKDVDGLVWLQJXLVKHGUHFRUG+HLVDERDUGPHPEHURIWKH'HQYHUEDVHG&DQFHU/HDJXH RI&RORUDGRDQGKDVEHHQGRQDWLQJYHKLFOHVIRUWKH&DQFHU/HDJXHVLQFH³0\ZRUNZLWKWKH&DQFHU/HDJXHLVZKDW,DPPRVW SURXGRI´H[SODLQV0RUHODQG³KDYLQJORVWP\VLVWHU-HQQLIHULQWRFDQFHU±WKLVLVDGLVHDVHIRUZKLFKZHPXVW¿QGDFXUH´,Q KRQRURIKLVODWHVLVWHUKHDOVRHVWDEOLVKHGWKH-HQQLIHU0RUHODQG6FKRODUVKLSDW(DJOHFUHVW+LJKLQ&HQWHQQLDO³,Q0D\´0RUHODQGDGGV³P\IDPLO\DQG,ZLOOUHFHLYHWKH¿UVWDQQXDO&KDPSLRQVRI+RSH$ZDUG,DPYHU\KRQRUHGEXWWKHUHDUHRWKHUV,ZRXOG like the recognition to go to.” 0RUHODQGKDVDOVREHHQQDPHGD&RORUDGR$VVRFLDWLRQRI2I¿FHUV'$5(0DQRIWKH<HDU'$5(LVWKHSROLFHRI¿FHUOHGVHULHV of classroom lessons that teaches children from kindergarten through 12th grade how to resist peer pressure and live productive drug DQGYLROHQFHIUHHOLYHV,QKHZDVWKH5RFN\0RXQWDLQUHJLRQUHWDLODZDUGZLQQHURIWKH(UQVW<RXQJ(QWUHSUHQHXURIWKH <HDU0RUHODQGVXSSRUWVWKH'(&$VFKRODUVKLSDW&KHUU\&UHHN+LJKLQ*UHHQZRRG9LOODJH&2'(&$SUHSDUHVHPHUJLQJOHDGHUV DQGHQWUHSUHQHXUVIRUFDUHHUVLQPDUNHWLQJ¿QDQFHKRVSLWDOLW\DQGPDQDJHPHQWLQKLJKVFKRROVDQGFROOHJHVDURXQGWKHJOREH:LWKD GRQDWLRQRIWZRYHKLFOHVLQWKHVXPPHURI0RUHODQGKHOSHGUDLVHPRUHWKDQIRUWKH%R\V*LUOV&OXERI&RORUDGR 1RPLQDWHGIRUWKH7,0('HDOHURIWKH<HDUDZDUGE\7LP-DFNVRQ3UHVLGHQWRIWKH&RORUDGR$XWRPRELOH'HDOHUV$VVRFLDWLRQ 'RXJODV0RUHODQGDQGKLVZLIH&DUROKDYHIRXUFKLOGUHQ5RPL0RUHODQG&RRQH\%UDQGL0RUHODQG%ULJJV7DPVRQDQG%UDQGRQ DQG¿YHJUDQGFKLOGUHQ0RUHODQGDOVRUHSUHVHQWV%XLFN&KU\VOHU'RGJH*0&+\XQGDL-HHS.LDDQG0LWVXELVKLDWKLV¿YHRWKHU dealerships in Colorado. 0RUHODQGZLOOEHRQHRIDVHOHFWJURXSRIGHDOHUVIURPDFURVVWKHFRXQWU\KRQRUHGDWWKHWKDQQXDO1DWLRQDO$XWRPRELOH'HDOHUV$VVRFLDWLRQ1$'$&RQYHQWLRQ([SRVLWLRQLQ6DQ)UDQFLVFR7KHDQQRXQFHPHQWRIWKLV\HDU¶V'HDOHURIWKH<HDUDQG¿QDOLVWV ZDVPDGHE\.LP.HOOHKHU3XEOLVKHURI7,0(DQG-RKDQQ)LQNHOPHLHU9LFH3UHVLGHQW*HQHUDO0DQDJHU2ULJLQDO(TXLSPHQW 1$&RQVXPHU7LUH7KH*RRG\HDU7LUH5XEEHU&RPSDQ\DWWKHIRUPDORSHQLQJRIWKHFRQYHQWLRQZKLFKLVDWWHQGHGE\PRUH WKDQLQGLYLGXDOVLQYROYHGLQWKHDXWRPRELOHLQGXVWU\ January 2011 Colorado Automobile Dealers Association 3 Regulatory & Legal News UNIFORM CONSUMER CREDIT CODE (UCCC) ANNUAL NOTIFICATION FILING AND FEES: DUE JANUARY 31 LATE FEES BEGIN MARCH 1 7KH&RORUDGR8QLIRUP&RQVXPHU&UHGLW&RGH8&&&LVDVWDWHODZWKDWUHJXODWHVWKHWHUPVDQGFRQGLWLRQVRIFRQVXPHUFUHGLW LQWKH6WDWHRI&RORUDGR,WVHWVPD[LPXPUDWHVDQGFKDUJHVIRUVRPHIHHVUHTXLUHVGLVFORVXUHRIWKHFRVWRIFUHGLWVRFRQVXPHUV may shop for the best rates, and provides remedies for consumers on default. 'HDOHUVKLSVDVUHWDLOPHUFKDQWVWKDWUHJXODUO\H[WHQGFRQVXPHUFUHGLWDQG³DUUDQJH¿QDQFLQJ´HYHQLIDOOSDSHULVXOWLPDWHO\ DVVLJQHGWRDOHQGHUDUHLQFOXGHGLQWKH8&&&UHTXLUHPHQWWRDQQXDOO\¿OHZLWKWKHVWDWH7KH8&&&LVHQIRUFHGE\DQ$GPLQLVWUDWRUZLWKLQWKH$WWRUQH\*HQHUDO¶VRI¿FH 1HZODZVZHQWLQWRHIIHFWVWDUWLQJODVW-DQXDU\VRWKDW$//³FUHGLWRUV´ZKLFKLQFOXGHVGHDOHUVKLSVWKDWDUUDQJH¿QDQFLQJ0867¿OHDQRWL¿FDWLRQIRUPDQGIHHZLWKWKHVWDWHUHJDUGOHVVRIKRZORQJDQ\SDSHULVKHOGThe previously hardto-determine volume fee was also eliminated at that time. 7KHDQQXDOQRWLFHIHHLVQRZDQLQFUHDVHIURPODVW\HDU¶VIHH /$7()((67KH¿OLQJIHHLVGXHE\-DQXDU\WKHUHLVDGD\ JUDFHSHULRGODWHIHHVRISHUGD\DSSO\VWDUWLQJRQ0DUFKVW *RWRWKH'HFLVVXHRI2SHQ5RDGDWwww.cadaopenroad.orgWRGRZQORDGWKHIROORZLQJLWHPVIRUWKLV¿OLQJ 8&&&$*¶V2I¿FH0HPR 1RWLFH)LOLQJ)RUP3')'2&XSGDWHGIRUIHHFKDQJH6HHQRWHVRQOLQHLWHPVEHORZ /LQH,WHPUHJDUGLQJ³VXSHUYLVHGORDQV´UHIHUVWR',5(&7FRQVXPHUORDQVRYHU$35PRVWGHDOHUVGRQRW! PDNHGLUHFWORDQVEXWVLPSO\³DUUDQJH´ORDQVWKDWDUHVXEVHTXHQWO\DVVLJQHG<RXGRQRW!QHHGWRREWDLQDQ\W\SHRI lender or supervised lender license unless you are making direct loans to consumers. 7KLV¿OLQJQHHGVWREHFRPSOHWHGMXVWRQFHIRUHDFKVHSDUDWHOHJDOFRPSDQ\RU//&LQGLYLGXDOWUDGHQDPHVRU'%$V XQGHUWKHVDPHOHJDOHQWLW\GRQRWQHHGWR¿OHVHSDUDWHO\WKRXJKVKRXOGEHOLVWHGVHSDUDWHO\RQ/LQH,WHP7KH8&&& RI¿FHORRNVDWWKH6HFUHWDU\RI6WDWH¿OLQJVXQGHUWKH³9LHZ7UDGH1DPHV´RSWLRQWRFKHFNWKLV /LVWRI$VVLJQHHVIRUP3')'2&OLVWRIOHQGHUVWRZKLFK\RXDVVLJQFRQWUDFWV,I\RXXWLOL]HDFHQWUDOL]HGHQWLW\WKDW WKHQVHOHFWVDQGDVVLJQVWRPDQ\RWKHUOHQGHUVHJ³&UHGLW8QLRQ'LUHFW´\RXGRQRWKDYHWRHQWHUWKHLUFRPSOHWHOLVW of all ‘possible’ lenders. NEW MINIMUM WAGE AND POSTING REQUIREMENT IN COLORADO 7KH&RORUDGR&RQVWLWXWLRQUHTXLUHV&RORUDGR¶VPLQLPXPZDJHWREHDGMXVWHGDQQXDOO\IRULQÀDWLRQDVPHDVXUHGE\WKH&RQVXPHU 3ULFH,QGH[&RORUDGR0LQLPXP:DJH2UGHU1XPEHULVHIIHFWLYHDVRI-DQXDU\7KLV:DJH2UGHULVVXHGE\WKH&RORUDGR 'HSDUWPHQWRI/DERUZLOOLQFUHDVHWKHPLQLPXPZDJHIURPWR$7.36 per hour for all Colorado employees. As a result, ColoUDGR¶VPLQLPXPZDJHZLOORQFHDJDLQVXUSDVVWKHIHGHUDOPLQLPXPZDJHRISHUKRXU(PSOR\HUVDUHDOZD\VREOLJDWHGWRSD\ the higher of the two. 7KH'HSDUWPHQWRI/DERUKDVDOVRSXEOLVKHGDUHYLVHGSRVWHUWRUHÀHFWWKHFKDQJH7KLVLVDPDQGDWRU\FKDQJHVRDOO&RORUDGRHPSOR\HUVQHHGWRXSGDWHWKHLUSRVWHUV$6SDQLVKYHUVLRQRIWKHSRVWHULVDYDLODEOHEXWLVQRWFRQVLGHUHGDPDQGDWRU\ posting. The Department makes these posters available along with a Wage Order fact sheet at the following link: www.colorado.gov. (PSOR\HUVZKRDUHLQQHHGRIQHZHPSOR\PHQWODZSRVWHUVFDQRUGHUWKHPE\HPDLOLQJ06(&DWSRVWHUV#PVHFRUJ RUE\FDOOLQJ IRS MILEAGE RATE FOR 2011 7KH,56KDVDQQRXQFHGWKDWWKHVWDQGDUGPLOHDJHUHLPEXUVHPHQWUDWHIRUEXVLQHVVUHODWHGGULYLQJZLOOEHSHUPLOHLQ 7KLVLVDRQHFHQWLQFUHDVHIURP(PSOR\HUUHLPEXUVHPHQWVWRHPSOR\HHVIRUZRUNUHODWHGGULYLQJDUHQRWWD[able as long as the rate is at or below this level. 4 Colorado Automobile Dealers Association January 2011 Regulatory & Legal News REMINDER: SALES/USE TAX CHANGES EFFECTIVE JANUARY 1, 2011 $UHPLQGHUWKDWYDULRXVWD[FKDQJHVWDNHSODFHRQ-DQXDU\VWRIHDFK\HDU9LVLWWKH'HFHPEHULVVXHIRU PRUHLQIRUPDWLRQ±DIHZNH\WD[FKDQJHVZHUH %RXOGHU&RXQW\VDOHVDQGXVHWD[UDWHVLQFUHDVHGIURPWR &DVWOH5RFNPRWRUYHKLFOHVDOHVDQGXVHWD[UDWHLQFUHDVHIURPWR )RUW&ROOLQVFLW\VDOHVDQGXVHWD[UDWHVLQFUHDVHGIURPWR %DFKHORU*XOFK0HWURSROLWDQ'LVWULFW7D[LVORFDWHGLQDSRUWLRQRI(DJOH&RXQW\DQGLPSRVHVDVDOHV WD[UDWHRI 'RXEOHFKHFNWKHVHUHFHQWWD[UDWHFKDQJHVLQWKHGDWDEDVH\RXDUHXWLOL]LQJ±WRUHJLVWHUDQGXVHDIUHHWKLUGSDUW\FHUWL¿HGWD[UDWHORFDWRUE\DGGUHVVJRWRKWWSWD[FRJFRPVHOHFW³1HZ5HJLVWUDWLRQ´7KLVLVWKH*URXS3LWQH\%RZHVVHUYLFH 7KHXSGDWHG'5LVDOVRDYDLODEOHIURPWKHVWDWHDWZZZFRORUDGRJRYUHYHQXHWD[VHOHFW³7D[)RUPV´DQG³)RUPVE\1XPEHU´ COMPLIANCE REMINDER: EPA BODY SHOP AIR EMISSIONS RULE 7KH(QYLURQPHQWDO3URWHFWLRQ$JHQF\¶VUXOHJRYHUQLQJKD]DUGRXVDLUSROOXWDQWV+$3VUHTXLUHVH[LVWLQJ body shops to achieve full compliance by January 10, DQG¿OHD1RWL¿FDWLRQRI&RPSOLDQFHVWDWXVIRUP E\0DUFK6SHFL¿FDOO\GHDOHUVKLSERG\VKRSVPXVW 3DLQWRQO\LQVLGH¿OWHUHGYHQWLODWHGSDLQWERRWKVRUSUHSVWDWLRQV 8VHKLJKWUDQVIHUHI¿FLHQF\DSSOLFDWLRQHTXLSPHQW &OHDQJXQVZLWKQRQKD]DUGRXVVROYHQWVLQJXQHQFORVHGZDVKHUVRUXVLQJDPHWKRGWKDWGRHVQRWLQYROYH atomized spraying to the open air. +DYHSDLQWHUVWUDLQHGDQGFHUWL¿HGHYHU\¿YH\HDUV .HHSEDVLFUHFRUGVGHPRQVWUDWLQJFRPSOLDQFH The rule also: $OORZVDVKRSWRSHWLWLRQIRUDQH[HPSWLRQLILWGRHVQRWVSUD\FRDWLQJVZLWKDQ\RIWKHDERYHOLVWHG+$3VRIFRQFHUQ ([FOXGHVWKHVSUD\LQJRIFRDWLQJVIURPKDQGKHOGJXQVZLWKSDLQWFXSVRIÀXLGRXQFHVRUOHVV $OVRSDLQWVWULSSLQJLQYROYLQJPHWK\OHQHFKORULGH0H&OLVVLJQL¿FDQWO\UHJXODWHGIRUVKRSVXVLQJPRUHWKDQRQHWRQRI0H&OSHU \HDUYHU\UDUH:KHUHSRVVLEOHERG\VKRSVVKRXOGDYRLGWKHXVHRIVWULSSHUVFRQWDLQLQJ0H&O )RUPRUHLQIRUPDWLRQSOHDVHUHDGWKH5HJXODWRU\%XOOHWLQDQGGRZQORDGWKHIROORZLQJIRUPVDYDLODEOH in the-DQ2SHQ5RDGDWZZZFDGDRSHQURDGRUJ(all .pdf). 5HJXODWRU\%XOOHWLQ&RPSOLDQFHZLWK(3$¶V%RG\6KRS+D]DUGRXV$LU3ROOXWDQW5XOH ,QLWLDO1RWL¿FDWLRQ)RUP 1RWL¿FDWLRQRI&RPSOLDQFH6WDWXV ([HPSWLRQ3HWLWLRQ)RUP 1RWL¿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he City of Centennial previously sent a letter to Arapahoe County (the county serves as the agent to collect DKRPHUXOHFLW\¶VWD[HVUHJDUGLQJWKHUHTXLUHPHQWVIRUFROOHFWLRQLWVVDOHVXVHWD[RQOHDVHVWKDWFDXVHGVRPH FRQIXVLRQ6RPHGHDOHUVKLSVDQGOHDVLQJFRPSDQLHVKDYHEHHQFROOHFWLQJWKHVDOHVWD[RQWKHHQWLUHOHDVHDPRXQWLQVWHDGRILQWKH monthly payments. )RUPRUHLQIRUPDWLRQJRWRWKH-DQ2SHQ5RDGDYDLODEOHDWZZZFDGDRSHQURDGRUJ January 2011 Colorado Automobile Dealers Association 5 President’s Column TRANSITION TIME FOR CADA LEGISLATIVE ARENA Colorado dealers understand that much has transpired within the industry over the past two to two-and-a-half years. The industry has gone through a major transformation resulting ODUJHO\IURPWKHHFRQRPLFGRZQWXUQ0DQXIDFWXUHUEULGJHORDQUHTXHVWVZHUHIROORZHGE\ WKHFUHDWLRQRIWKH$XWR7DVN)RUFHDQGD¿UVWHYHUIHGHUDOFDUF]DUZKLFKZDVIROORZHG E\IRUFHGEDQNUXSWF\¿OLQJVDQGUHVWUXFWXUHGGHDOHUQHWZRUNV'HDOHULQYHVWPHQWVDFURVV Colorado and across the country were in jeopardy. These federal level issues overlaid an aggressive state legislative priority agenda which called for ramped up dealer protections LQDQGOHGWRPRUHLQ6RPHREVHUYHUVGHVFULEHG&RORUDGRGHDOHUSURWHFWLRQVDV JRLQJIURPZRUVWWR¿UVW7KDWSUREDEO\H[DJJHUDWHVWKHVWDWXVVRPHRQERWKVLGHVRIRXU HIIRUWV<HWZLWKRXWGRXEWVLJQL¿FDQWJDLQVZHUHPDGHLQWKHSURWHFWLRQRIGHDOHUDVVHWV Tim Jackson CADA President Clearly, we at CADA have maintained a strong position and tradition of legislative effectiveness. And we raced to the front of the line in many areas of dealer law. 6 ,QDVHYHQSDUW&RORUDGRELOOZDVDGYDQFHGDQGDOOVHYHQSDUWVZHUHHQDFWHG,Q D¿YHSDUWELOOZDVSURSRVHGDQGDOO¿YHSDUWVZHUHSDVVHGLQWRODZE\RYHUZKHOPLQJYRWHV&$'$KDGVWDIIHGXSIRUWKHHIIRUWZLWKWKHDGGLWLRQRI0HOLVVD.XLSHUVDV 9LFH3UHVLGHQWRI*RYHUQPHQW5HODWLRQV3UHYLRXVO\0HOLVVDZRUNHGIRU&RORUDGR7ULDO /DZ\HUV$VVRFLDWLRQ&7/$6KHZDVWKHULJKWSHUVRQDWWKHULJKWWLPHIRU&$'$:H KDGUHVWUXFWXUHGOREE\RSHUDWLRQVWRFRPSO\ZLWK$PHQGPHQWDQGVHSDUDWHGOREE\LQJ activities in a way that necessitated a registered lobbyist, either on staff or under contract. Additionally, we continued engagement of contracted lobby services with the support of 0LNH)HHOH\7RJHWKHUZHKDYHKDGDZLQQLQJWHDPVXFFHHGLQJRQHYHU\WKLQJWKDWZDV LQGXVWU\VSHFL¿F7KHRQO\DUHDVRIORVVHVZHUHLQJHQHUDOEXVLQHVVLVVXHVVXFKDVORVLQJ WKHVDOHVWD[YHQGRUIHH(YHQRQWKDWZHKDYHDGDWHFHUWDLQZKHQLWZLOOUHWXUQ$QGWKH change affects all business, not just auto dealers. Clearly, we at CADA have maintained a strong position and tradition of legislative efIHFWLYHQHVV$QGZHUDFHGWRWKHIURQWRIWKHOLQHLQPDQ\DUHDVRIGHDOHUODZ0HOLVVDKDV demonstrated great legislative advocacy skills, carrying the respect of the dealer body and PHPEHUVRIWKH*HQHUDO$VVHPEO\6KHKDVEHHQHIIHFWLYHRQWKHIHGHUDOOHYHODVZHOO traveling to Washington, DC many times with member dealers, advocating for dealer rights, VXSSRUWIRUEULGJHORDQVH[FOXVLRQIURPWKH&)3%DQGRWKHUQDWLRQDOGHDOHUSULRULWLHV )RUHPSOR\HHVDQGWKHLUIXWXUH,¶YHDOZD\VKHOGWKHSRVLWLRQWKDWLIVRPHRQHFDQLPSURYH themselves with better compensation or greater opportunities elsewhere, they should do WKDW0HOLVVDKDVEHHQJLYHQVXFKDQRSSRUWXQLW\WRLPSURYHKHUVHOIFRPPDQGDJUHDWHU SRVLWLRQIRUKHUVHOIUHSUHVHQWRQHRI'HQYHU¶VPRVWSRZHUIXODQGHIIHFWLYHODZ¿UPV± %URZQVWHLQ+\DWW)DUEHUDQG6FKUHFN±DQGOREE\IRUPXOWLSOHFOLHQWV7KLVLVWUXO\WRRJRRG DQRSSRUWXQLW\IRU0HOLVVDWRSDVVRQ:HFDQQRWUHFRPPHQG her to do anything other than seize the opportunity. :KLOH0HOLVVDZLOOQRORQJHUVHUYHRQVWDIIRI&$'$ZHKDYH UHDFKHGDQDJUHHPHQWXQGHUZKLFKERWK0HOLVVDDQG0LNHZLOOIXO¿OO&$'$OREE\VHUYLFHVWKURXJKWKHLU%URZQVWHLQ+\DWW)DUEHUDQG6FKUHFN¿UPLQRUGHUWRFRPSOHWHRXU established 2011 legislative agenda and priorities. Those priorities include a planned twopart franchise protection update and a date certain that auto lenders are required to release a lien after dealer pay-off of trade-in. While this is a marked change in CADA operations, ,DPFRQ¿GHQWWKDWWKHDUUDQJHPHQWZLOOEHVXFFHVVIXOIRUXV6HYHUDORWKHUNH\&RORUDGR Capitol lobby interests are successful using outside contract lobbyists, including (but not OLPLWHGWR&RORUDGR5HVWDXUDQW$VVRFLDWLRQ&RORUDGR%DQNHUV$VVRFLDWLRQ&RORUDGR 0HGLFDO6RFLHW\&RORUDGR+RVSLWDO$VVRFLDWLRQVHYHUDOFKDPEHUVRIFRPPHUFHDQGPDQ\ RWKHUV$SULPDU\GLIIHUHQFHZLWKXVLVWKDWXQWLO$PHQGPHQWZDVHQDFWHGE\YRWHUVLQ DOORIRXUOREE\RSHUDWLRQVZHUHKDQGOHGGLUHFWO\WKURXJKP\RI¿FHDQGZLWKPHDW the Capitol daily. Another primary key to our success is that we have the absolute strongest grassroots operation of any association or lobby interest in Colorado. That remains intact DQGVXSSRUWHGE\WKHOREE\WHDP6RLQDZD\WKLVDUUDQJHPHQWPHDQVWKHEHVWRIERWK ZRUOGVVWURQJGHDOHUFHQWULFJUDVVURRWVDQGD³PLJKW\´RXWVLGHFRQWUDFWOREE\7RJHWKHU, SUHGLFWZHZLOOFRQWLQXHWRZLQRXUNH\REMHFWLYHV6WD\WXQHGDQGVWD\LQYROYHG Colorado Automobile Dealers Association January 2011 Legislative Update January 2011 Colorado Automobile Dealers Association 7 Colorado Auto Outlook 8 Colorado Automobile Dealers Association January 2011 Colorado Auto Outlook January 2011 Colorado Automobile Dealers Association 9 Colorado Auto Outlook 10 Colorado Automobile Dealers Association January 2011 Colorado Auto Outlook January 2011 Colorado Automobile Dealers Association 11 From the NADA Director NADA ECONOMIST: SEVERAL FACTORS WILL SUSTAIN NEW-VEHICLE SALES INCREASES IN FUTURE MONTHS Guide Book: Wholesale Prices Outperforming Seasonal Expectations New-vehicle sales, which are a key indicator of economic growth, were strong in NovemEHUDQGZLOOFRQWLQXHWRVKRZVLJQVRIVWUHQJWKRYHUWKHQH[WFRXSOHRIPRQWKVVD\V3DXO Taylor, NADA chief economist. ³6HYHUDOHFRQRPLFIDFWRUVVXFKDVDQDJLQJ86ÀHHWVWURQJWUDGHLQYDOXHVDQGDQLPproving stock market, are helping to sustain new-vehicle sales,” Taylor says. 2QDYHUDJHFDUVDQGWUXFNVRQWKHURDGWRGD\DUHPRUHWKDQ\HDUVROG³0DQ\FRQsumers simply will feel the need to buy a new car or truck as the mileage on their current vehicles move beyond 120,000 miles,” Taylor says. Jeff Carlson Glenwood Springs Ford Colorado NADA Director According to data from the NADA Guide Book, the run up in used-vehicle prices is also pushing some shoppers into the new-vehicle market. Wholesale prices in November conWLQXHGWRRXWSHUIRUPVHDVRQDOH[SHFWDWLRQV ³7KHXVHGYHKLFOHPDUNHWZLOOUHPDLQVKRUWRIORZPLOHDJH cars and trucks, which for car owners will increase their trade-in equity when buying a new vehicle,” Taylor says. ³7KLVLVDQRWKHUNH\HFRQRPLFIDFWRUWKDWZLOOVXVWDLQQHZ vehicle sales increases in future months.” New-vehicle sales, which are a key indicator of economic growth, were strong in November and will continue to show signs of strength over the next couple of months, says Paul Taylor, NADA chief economist. 12 6WURQJXVHGYHKLFOHSULFLQJKDVDOVRLPSURYHGWKHPDUNHWIRUDXWRPRWLYHDVVHWEDFNHG VHFXULWLHV±DSRVLWLYHVLJQHVSHFLDOO\IRUWKLVWLPHRI\HDUVD\V-RQDWKDQ%DQNVH[HFXWLYH DXWRPRWLYHDQDO\VWIRUWKH1$'$*XLGH%RRN³:HH[SHFWWRVHHDQXSWLFNLQ-DQXDU\DV used prices follow seasonal patterns and supply and demand continues to create a healthy used-car market,” Banks says. )RUPRUHDQDO\VLVIURPWKH1$'$*XLGH%RRNYLVLWZZZQDGDFRPEEDQGFOLFNRQ ³*XLGHOLQHV´XQGHU³:KDW¶V1HZ´LQWKHULJKWKDQGFROXPQ NADA Weighs in On Fuel-Economy Labeling as Members of Congress Express Concern 0HPEHUVRI&RQJUHVVRQERWKVLGHVRIWKHDLVOHH[SUHVVHGFRQFHUQRYHUDQ2EDPDDGministration proposal to add letter grades to the fuel-economy stickers displayed on new FDUVDQGWUXFNV,QDOHWWHUWRWKH(QYLURQPHQWDO3URWHFWLRQ$JHQF\DQG7UDQVSRUWDWLRQ 'HSDUWPHQWLQ'HFHPEHU+RXVHPHPEHUVVDLGWKHSURSRVDOZDVELDVHGWRZDUGHOHFWULF YHKLFOHVDQGZRXOGKXUWYHKLFOHVDOHV³&KDQJLQJWKLVV\VWHPWRDOHWWHUJUDGHZRXOGFDXVH FRQVXPHUFRQIXVLRQDQGWLSWKHVFDOHVXQIDLUO\DJDLQVWPDQ\IXHOHI¿FLHQW689VDQG WUXFNVUHOHJDWLQJWKHPWRD&RU&JUDGH´VDLG5HS'DOH.LOGHH'0LFK,QUHVSRQVH 1$'$VDLGLWLVSOHDVHGWKDW0HPEHUVRI&RQJUHVVFOHDUO\UHMHFWWKH(3$¶VDWWHPSWWRXVH DQDUELWUDU\OHWWHUJUDGHWRWHOOFRQVXPHUVZKLFKFDUVDQGWUXFNVWREX\³,WLVHVSHFLDOO\ VLJQL¿FDQWWKDWVRPDQ\PHPEHUVRIWKH+RXVH(QHUJ\DQG&RPPHUFH&RPPLWWHHZKLFK KDVMXULVGLFWLRQRYHU(3$REMHFWWRWKHJRYHUQPHQWFUHDWLQJDQRWKHUUHJXODWLRQZKHQQHZ car buyers already have clear and visible fuel economy numbers printed on the window VWLFNHU´VD\V'RXJ*UHHQKDXVGLUHFWRURI(QYLURQPHQW+HDOWKDQG6DIHW\IRU1$'$ 5HJXODWRU\$IIDLUV,QFRPPHQWVWRWKH$GPLQLVWUDWLRQ1$'$H[SUHVVHGLWVVXSSRUWIRU Colorado Automobile Dealers Association January 2011 NADA News DQDSSURDFKWKDWUHWDLQVWKHFXUUHQWODEHO¶VIRFXVRQPLOHVSHUJDOORQDQGDQQXDOIXHOFRVWV)RUSOXJLQODEHOV1$'$VXSSRUWVGLVSOD\ing information on all-electric and total-vehicle range and battery charge time, but opposes a kilowatt-per-hour consumption metric. IRS Helps Small Employers Claim New Health Care Tax Credit; Forms and Additional Guidance Now Available 7KH,QWHUQDO5HYHQXH6HUYLFHWKLVPRQWKUHOHDVHG¿QDOJXLGDQFHIRUVPDOOHPSOR\HUVHOLJLEOHWRFODLPWKH QHZVPDOOEXVLQHVVKHDOWKFDUHWD[FUHGLWIRUWKHWD[\HDU)RUPRUHLQIRUPDWLRQIURP1$'$8QLYHUVLW\RQWKLVLVVXHWKHUHFRUGLQJIURPWKH)HGHUDO+HDOWK5HIRUP:HELQDUKHOGODVW0D\LVDYDLODEOHIRU IUHHWR1$'$PHPEHUVDWZZZ1$'$XQLYHUVLW\FRP$IWHUORJJLQJRQFOLFNWKH³0DUNHW,QVLJKW´WDERQ ERWWRPSDQHODQGVFUROOGRZQWRVHOHFWWKH:HELQDU³)HGHUDO+HDOWK5HIRUP´ G:=:Hiihl^lLZe^h_>&*.@Zlhahe NADA plans to submit comments this month to the Environmental Protection Agency on its October decision to allow the sale of fuels with up to 15 percent ethanol. NADA and several other organizations, including the Alliance of Automobile Manufacturers and the Association of International Automobile Manufacturers Inc., have opposed the move saying allowing the sale of E-15 “gasohol” poses a risk of reduced engine and fuel system performance, or worse yet, permanent damage. For several years, most light- and medium-duty, gasoline-engine motor vehicles sold and serviced by dealerships have been GHVLJQHGWRDFFRPPRGDWHJDVRKROEOHQGVFRQWDLQLQJDPD[LPXPRISHUFHQWHWKDQROZLWKVRPHGXHODQGÁH[LEOHIXHOHGYHKLFOHV designed to use E-85, a gasohol blend containing 85 percent ethanol. “NADA consistently has raised concerns about the negative impact that unreasonable fuel mandates and poor fuel quality can have on vehicle performance and customer satisfaction,” says Doug Greenhaus, director of Environment, Health and Safety for NADA Regulatory Affairs. “NADA opposes rules which may result in the use of fuels in engines for which they were not designed.” CADA ANNOUNCES OIL, SERVICE CHEMICALS AND RECONDITIONING PRODUCT PROGRAM FOR MEMBERS! :HDUHSOHDVHGWRDQQRXQFHWKDW\RXUDVVRFLDWLRQKDVHQGRUVHG6LHJHO2LO&RPSDQ\7KLVQHZSURJUDPZLOOSURYLGH&$'$ PHPEHUVZLWKJURXSGLVFRXQWVRQPDQ\VHUYLFHUHODWHGSURGXFWVUHEDWHRSSRUWXQLWLHVDQGDOVR6LHJHO2LO¶VVWURQJPDUNHWLQJSURgram support. Through this new program, you can obtain the best price and service possible on a wide range of service products! 6LHJHO2LODIDPLO\RZQHG&RORUDGREDVHGEXVLQHVVKDVEHHQVHUYLQJ&RORUDGRGHDOHUVKLSV IRUPRUHWKDQ\HDUV.H\EHQH¿WVRI\RXUQHZDVVRFLDWLRQSURJUDPZLWK6LHJHO2LOLQFOXGH 1RORQJWHUPVXSSO\FRQWUDFWV'RQ6LHJHOGRHVQRWEHOLHYHLQORQJWHUPFRQWUDFWV or liquidated damage provisions. He strives to win your business by performance and service through various value-added programs on all servicerelated products. Discounted pricing as follows: í6HUYLFH&KHPLFDOV$GGLWLYHVRIIOLVWSULFH í/XEULFDQWV&XVWRPL]HG í5HFRQGLWLRQLQJ3URGXFWVRIIOLVWSULFH í$XWR3DUWVRIIOLVWSULFH 9DOXHDGGHGSURJUDPV6LHJHOFDQRIIHUPXOWLSOHEUDQGVRIOXEULFDQWVLQFOXGLQJ$3,OLFHQVHGDQGDSSURYHGORZHUFRVW DOWHUQDWLYHVWRWKHPRUHH[SHQVLYHQDWLRQDOEUDQGV6.<LVDQHQYLURQPHQWDOO\UHVSRQVLEOHRLOIRUFXVWRPHUVZKRZDQW WKLVRSWLRQPDUNHWLQJPDWHULDOVDQGVXSSRUWDUHDYDLODEOHDVZHOO(TXLSPHQWUHSDLULVSURYLGHGE\6LHJHO²QRWDWKLUG SDUW\²DQGTXDUWHUO\SUHYHQWDWLYHPDLQWHQDQFHLQVSHFWLRQVDUHDOVRSURYLGHG3OXVPRUH«FRQWDFW'RQ6LHJHO3UHVLGHQW &(2IRUDFRQVXOWDWLRQDW 6LHJHO¶VWUDFNUHFRUGVSHDNVIRULWVHOI±2YHU&$'$PHPEHUVFXUUHQWO\ZRUNZLWK6LHJHO2LO6LHJHOKDVFRQVLVWHQWO\ DFKLHYHGVDOHVJURZWKGXULQJGLI¿FXOWHFRQRPLFWLPHV%\DGGLQJYDOXHDGGHGVHUYLFHVLQOLJKWRIVWURQJPDQXIDFWXUHU³LQFHQWLYHV´WRXWLOL]HRWKHUSURYLGHUV6LHJHO2LOSURYLGHVPRUHWKDQMXVWSURGXFWV 6WURQJVXSSRUWRIGHDOHUVKLSV±'XULQJWKHERWWRPRIWKHFDULQGXVWU\GRZQWXUQ6LHJHO2LORIIHUHGD³&DVK)RU&DUV´LQFHQWLYHSURJUDPIRUHPSOR\HHVWRSXUFKDVHDYHKLFOHIURPWKHLUQHZFDUGHDOHUFOLHQWV,QWKLVSURJUDPFRQWULEXWHGWRRYHU QHZFDUSXUFKDVHVIURP&$'$0HPEHUV6LHJHOZDVSUHYLRXVO\DVXFFHVVIXO&$'$HQGRUVHGFRPSDQ\LQWKHV SUPPORT CADA ENDORSED COMPANIES, SO WE CAN SUPPORT YOU! January 2011 Colorado Automobile Dealers Association 13 CADA Board of Directors 2011 & Staff OFFICERS Chair of the Board Don Gerbaz Berthod Motors, Glenwood Springs Vice Chair Don Hicks Shortline Auto, Denver Mike Marquez John Roberts Motor Works Gunnison – District #11 Stephen T. Zeder Bighorn Toyota Glenwood Springs – District #12 Chair – Member Services Committee Jeff Carlson Glenwood Springs Ford Colorado NADA Director Treasurer John Carroll Ed Carroll Motor Co., Fort Collins Todd Bondy Murray Motor Imports LPC Chair Secretary Bill Hellman Hellman Motor Co., Delta Immediate Past Chair Mike Faricy The Faricy Boys, Colorado Springs DIRECTORS Lee Payne Clear the Air Foundation Golden – At-Large Mark Wallace Chair – Denver Auto Show Committee Ralph Schomp Automotive CADA STAFF Gregg Stone Kuni Lexus of Littleton Littleton – District #1 President Tim Jackson, CAE, CMP [email protected] 303.282.1448 Jim D. Lyall Len Lyall Chevrolet Aurora – District #2 Vice President Tammi L. McCoy [email protected] 303.282.1449 Doug Moreland Skyline Automotive Thornton – District #3 Jack TerHar, Jr. Sill TerHar Motors %URRPÀHOG²'LVWULFW Ed Tynan Tynan’s Fort Collins Nissan-Kia-Saab Ft. Collins – District #5 Todd Maul John Elway Chrysler Jeep Dodge Ram Greeley –District #6 John Motschall Ehrlich Toyota East Ft. Morgan – District #7 Ben Faricy The Faricy Boys Colorado Springs – District #8 Larry Spradley Dale Spradley Pueblo – District #9 Jim Morehart Morehart Murphy Regional Auto Center Durango – District #10 Bond Coordinator Linda Toteve [email protected] 303.457.5122 Insurance Services - Account Manager Deb Lay [email protected] 303.282.1453 Insurance Services - Account Manager Bob Kogel [email protected] 303.282.1457 Executive and Communications Assistant Lauren Stadler [email protected] 303.457.5123 Services Coordinator George Billings [email protected] 303.457.5117 <:=:A^Z]jnZkm^klPbeebZf=';Zkkhp;nbe]bg`+2)>'Li^^k;eo]'=^go^k%<H1)+), Iahg^3,),'1,*'*0++?Zq3,),'1,*'-+).P^[lbm^3ppp'\hehkZ]h]^Ze^kl'hk` 14 Colorado Automobile Dealers Association January 2011 Calendar of Upcoming Events & Seminars LOCATION EVENT DESCRIPTION DATE/TIME 2011 Digital Marketing Strategies Conference Napa, California February 1-3, 2011 For more information, go to www.digitalmarketingstrategies. org/digital-marketing-strategies/ registration/ NADA Convention & Expo San Francisco February 5-7, 2011 For more information, go to www.nadaconventionandexpo.com/ Dealer Day at the Capitol Denver February 22, 2011 7:30-10:30am SAVE THE DATE! See page 7 for more details! Denver Auto Show Denver Colorado Convention Center Wednesday, March 30 to Sunday, April 3, 2011 WK6WUHHW'HQYHU For more details visit www.denverautoshow.com For the most current list of CADA seminars and events, please visit the online calendar at www.coloradodealers.org/calendar NADA U Webinar Archives Include the Latest Webinars on Hot Topics — 7KH1$'$8QLYHUVLW\/HDUQing Hub offers the following archived Webinars: 7KH1HZ5LVN%DVHG3ULFLQJ5XOH 7UDQVLWLRQLQJWRWKH1HZ0RGHO3ULYDF\1RWLFH 7KH1HZ81,&$36DIH+DUERU0HWKRGVDQG:KDW7KH\0HDQIRU'HDOHUV &RPSUHKHQVLYH6DIHW\$QDO\VLV±$UH<RX5HDG\" 0DQDJLQJ<RXU)RXU9LWDO&DVK$FFRXQWV 7RYLHZDQ\RIWKHVH:HELQDUVYLVLWZZZ1$'$8QLYHUVLW\FRPDQGVLJQLQWKHQYLVLWWKH1$'$86WRUHVHOHFW³:HELQDUV 6HPLQDUV´XQGHU³3URGXFWV´DQGIROORZWKHRUGHULQJLQVWUXFWLRQV NADA University Partners with Online HR Trainer — 1$'$8QLYHUVLW\KDVWHDPHGXSZLWKRQOLQHKXPDQ UHVRXUFHVWUDLQHU(=+5WRH[SDQGLWV+5WUDLQLQJSURJUDPV1$'$8QRZRIIHUVGHDOHUVDVHOHFWLRQRIVHVVLRQVIRFXVHGRQ NH\+5IXQFWLRQVVXFKDVKLULQJDQGUHWHQWLRQVWUDWHJLHVFUHDWLQJMREGHVFULSWLRQVDQGSHUIRUPDQFHHYDOXDWLRQVGHYHORSLQJ +5SROLF\KDQGERRNVDQGPHHWLQJOHJDOUHTXLUHPHQWV$/HDUQLQJ+XE:HELQDUHQWLWOHG³5HFUXLWLQJDQG+LULQJ6WUDWHJLHVIRU 7RGD\¶V'HDOHUV´LVDYDLODEOHDWZZZ1$'$XQLYHUVLW\FRPLQWKHDUFKLYH,QDGGLWLRQ+5(VVHQWLDOVDFRPSUHKHQVLYHUHVRXUFH WKDWLQFOXGHVMREGHVFULSWLRQWHPSODWHVDQGSROLF\DQGSHUIRUPDQFHHYDOXDWLRQVDPSOHVLVLQWKH5HVRXUFH7RROER[$QHZRQOLQH FRXUVH³&RPSO\LQJZLWKWKH)0/$´LVFRPLQJVRRQWRWKH/HDUQLQJ+XE New to NADA U: Dealer Pain Points — 1$'$8QLYHUVLW\KDVFUHDWHGDIHDWXUHFDOOHG³'HDOHU3DLQ3RLQWV´LQ ZKLFKDSDUWLFXODULVVXHFRQFHUQRUGHDOHUFRPSOLDQFHREOLJDWLRQLVDGGUHVVHGLQVKRUWYLGHRVHJPHQWVZLWK1$'$8H[SHUWV 7KHH[SHUWV³UHVROYH´HDFK3DLQ3RLQWDQGWKHQWKHYLHZHULVGLUHFWHGWRWKHZHDOWKRI1$'$8UHVRXUFHVRQWKHWRSLF7RGDWH 'HDOHU3DLQ3RLQWVKDYHEHHQGHYHORSHG)LQGWKHPE\FOLFNLQJRQWKHIHDWXUHG3DLQ3RLQWRQ1$'$8¶VKRPHSDJHDWZZZ 1$'$XQLYHUVLW\FRP$IWHUYLHZLQJWKHIHDWXUHG3DLQ3RLQWWDNHDORRNDWWKHUHVWE\FOLFNLQJ³9LHZ$UFKLYHV´ January 2011 Colorado Automobile Dealers Association 15 NADA 2011 Convention AUTO INDUSTRY RESOURCES Auto Industry Division: 303.205.5746, www.colorado.gov/revenue/AID Titles/Registration: 303.205.5608, www.colorado.gov/revenue/dmv (Select “Title - Register a Vehicle” link) Department of Revenue Taxation: www.colorado.gov/revenue/tax Bulletin questions or comments? If you have questions about items in this newsletter or suggestions for future articles, please contact Lauren Stadler at 303.457.5123 or e-mail to [email protected]. DISCLAIMER: CADA IS NOT AUTHORIZED TO DISPENSE LEGAL ADVICE. THE INFORMATION CONTAINED IN THIS NEWSLETTER IS FOR INFORMATIONAL PURPOSES ONLY. CADA ADVISES THAT DEALERS CONSULT LEGAL COUNSEL ON THE SPECIFICS OF ANY LAW OR REGULATION TO ENSURE FULL COMPLIANCE.
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