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.

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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.

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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.

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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..

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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.

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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.

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ANNUAL MEMBER GOLF EVENT

Make plans to join us for

CADA's Annual Member Golf Event

to be held on Monday, Aug. 27—

space is limited, so CLICK HERE to register online or CLICK HERE to download a registration form!

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.

Lying in Wait

By CAR lobbyist Jeremy Cottrell

House Speaker Nancy Pelosi (D-CA) made her decision whether or not to allow a floor debate to include the controversial bills by Rep. Ed Markey (D-MA) and the alternative
version dubbed the Hill-Terry bill. The two hotly contested bills will not be included in a
House floor debate encompassing an energy bill to be heard in the next few weeks. As
a result, the earliest the vote could resurface is early September.

Upon the decision, Rep. Markey withdrew his bill from consideration on Wednesday of
last week. As Markey’s bill has drawn heavy criticism from industry manufacturers, retail sector, and even the moderate Democrats-dubbed Blue Dog Democrats, others simply
don’t believe the proposed changes are possible.

As Markey has backpedaled by softening the most glaring propositions in his legislation,
the Hill-Terry bill has gained significant momentum. Within the past three weeks, co-sponsorship has doubled from 75 to 150; and with each day, the Hill-Terry bill gathers
more awareness and more support.

Even if the Hill-Terry bill gets the ultimate House stamp of approval , Speaker Pelosi,
a devout supporter of the Markey version, will select the House members to reconvene
with the Senate to hammer out a compromise. In other words, she will have tremendous control over the final outcome.

TITLE PROCESSING: SECURE AND VERIFIABLE ID CHANGES FOR C-CORPS

The Department of Revenue, Titles and Registration Section, has issued a memo eliminating Secure and Verifiable Identification (SVID) requirements when titling and/or registering a vehicle owned by a C Corporation, providing the appropriate forms have been filed with the state. The state has indicated that the effective date of this change, Sept. 1, applies to paperwork received at the county on or after that date.

CLICK HERE for an official copy of the memo, dated 8/3/07.
CLICK HERE for the DR 2388 C-Corporation Affidavit, last revision date 8/2/07.
Note: This form must be filed by Sept. 1 of each year.

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TITLE PROCESSING: PROPOSED RULEMAKING HEARING - TITLE INFORMATION REQUESTS

The Department of Revenue, Titles and Registration Section will be holding a rulemaking hearing on Monday, Sept. 10, 2007. The purpose of this hearing is to allow for public comments and input on proposed rules regarding title information requests to counties. Earlier this year, the Titles and Registration Section alerted counties that they could no
longer provide certain title information to dealerships over the phone (for example, title number as proof of completion). Currently, most counties are still allowing receipt cards or written notices (as long as they have pre-paid postage) that contain the information often demanded by lenders—but the proposed rule could eliminate that as well. Some dealership title personnel have informed CADA that financial institutions / lenders quite often demand this information from dealerships.

The official notice of this hearing, the proposed rules, and more information
can be found below:

Records Open to Inspection
The proposed rules or amendments may be found at: http://www.dora.state.co.us/pls/real/SB121_Web.Show_Rule?p_rule_id=2291
Monday, Sept. 10, 2007 at 9 am at Department of Revenue - DMV,
1881 Pierce St., Conference Room 110, Lakewood CO 80214.

CADA is working to ensure that these rules continue to allow for acknowledgement receipt and confirmation postcards (with pre-paid postage) that many dealerships utilize in order to obtain the title number as soon as the county has processed the paperwork. Without that option, this information would need to be requested from the state—as soon as it has been received there—using the DR 2539 - Title Information Request and Receipt form, along with
a fee of $2.20 per request.

We need to hear from you! If you have concerns or issues with these proposed rules – please contact Tammi McCoy or Tim Jackson (see contact information below) to provide your perspective. We need to further understand what your needs are in this regard and if this presents problems to many dealerships.

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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
Tammi McCoy, VP, tammi.mccoy@cadaonline.org, 303.282.1449

Or e-mail questions to regulatory@cadaonline.org to reach both.

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.

Topic
City

Date/Time

Location

Title Processing Training

By various county trainers/staff
Denver
SOLD OUT!

Wednesday,
Aug. 22

9:30 a.m. to

2:30 p.m.

lunch included

William D. Barrow Building
(CADA Headquarters)
290 E. Speer Blvd, 80203
(SW Corner of Grant/Speer)

Title Processing Training

By various county trainers/staff
Denver
SPACE STILL AVAILABLE!!!

Tuesday, Sept. 11
9:30 a.m. to

2:30 p.m.

lunch included
Marriott Denver Tech Center Hotel
4900 S. Syracuse St., 80237
Phone: 303.779.1100
CLICK HERE for seminar flyer and to fax or mail your registration.

CLICK HERE to register online.

Employment Discrimination & Hiring/Firing

By Mountain States Employers Council (MSEC) attorneys Denver
Wednesday,

Sept. 19

9:00 a.m. to

1:30 p.m.

Continental breakfast and lunch included
William D. Barrow Building
(CADA Headquarters)
290 E. Speer Blvd, 80203
(SW Corner of Grant/Speer)
Phone: 303.831.1722
Just scheduled! More details and registration form to be available soon.

Event Description n Date/Time Location

Colorado Dealer Management & Leadership Summit
CLICK HERE for more details!

SUMMIT IS
NEXT WEEK!
REGISTER NOW!

Wednesday, Aug. 15
9 a.m. to 8 p.m.

CLICK HERE to register online
for this event!

Summit will be held at the
Marriott Denver South
10345 Park Meadows Drive
Lone Tree, Colorado 80124
303-925-0004
Rooms are $229 per night

CADA Annual
Golf Eventnt
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

CADA Regional
Member Briefings

_______

MDADA Annual
Membership Meetingng

Ten meetings
for dealers
across Colorado

CLICK HERE for a
full list of meeting locations, dates and times and to register online.

_______

Tuesday, Nov. 27
11 a.m. to 2 p.m.

lunch included

rsvp@cadaonline.org

* Please note different RSVP
for Colorado Springs and
Pueblo meetings.

_______

Cherry Hills Country Club
4125 S. University Blvd.
Cherry Hills Village, 80113

Attendees can register through
CADA via phone, fax or email .
P: 303.831.1722, ,
F: 303.831.9100
or E-mail: rsvp@cadaonline.org

NADA Washington Conference Sept. 11-12 Grand Hyatt Hotel,
Washington, DC

NADA 91st Annual Convention & Expo Feb.9-12, 2008 Moscone Center,
San Francisco, CACA

Denver International Auto Show March 26-30, 2008 Colorado Convention Center, Denver

ANNOUNCING NEW OWNERS AND gMS aCROSS THE STATE

George Gillette, original developer of Vail Resort, now also owns:

Vista Chevrolet, formerly Two Rivers Chevrolet in Glenwood Springs
Vista Honda, formerly Canyon Honda in Glenwood Springs
Vista Nissan Subaru, formerly Red Mountain Nissan Subaru
Vista Chrysler Jeep Dodge, formerly Silverthorne Motors in Silverthorne

After many years as owner, John Roberts has sold John Roberts Motor Works in Gunnison. The new owner is Mike Marquez, a longtime employee of the dealership who worked with John Roberts for many years.

Congratulations to the new general managers at the following dealerships:

Dave Allen, GM for Infiniti of Littleton
Todd Bondy, GM at Murray Motor Imports
Brian Cueny, GM at Lithia Colorado Springs Chrysler Jeep
Justin Franks, GM at Mike Shaw Chevrolet Saab
Steve Harbor, GM at Saturn of Highlands Ranch
Mike Heusser, GM at Mike Naughton Ford
Scott Rudolfi, GM at Saturn of Denver
Jeff Steinke, General Manager at Steamboat Motors

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CADA Outside counsel CHANGES FIRM, CONTACT INFORMATION

William E. (Bill) Walters, formerly of Walters Law Firm and longtime outside general
counsel for CADA, has announced that he will join the firm Kelly Garnsey Hubbell +
Lass, LLC, beginning Sept 1. His new telephone number will be 303.296.9412, Fax: 303.293.8705, email: bwalters@kghllaw.com

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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 milestones@cadaonline.org. Also include your contact information for further follow-up.