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With tariffs, market uncertainty, continued whispers of another downturn and polarizing politics, now is a perfect time to take a peek behind the economic curtain at what the future holds for your dealership at Thursday's Economic Forecast Dinner. Details below...

Please join me for the exclusive Economic Forecast Dinner
 
For a peek behind the economic curtain, member dealers, please join me at 5 pm Thursday, October 17 for a reception, followed by the Economic Forecast Dinner.
 
Brought to you by Ally and CADA, we'll hear from NADA Senior Economist Patrick Manzi, Ph.D., who with his front-line view, will share his opinions on what we can expect nationally and here in Colorado on the economic front for next year — especially since it's an election year — and beyond.



Then Ally Insurance’s Vice President of Sales Gabe Garroni will talk about vehicle service contracts, GAP coverage and dealer commercial property and casualty products.


 


RSVP for this FREE event by Monday, October 14

Online – click here
E-mail — click here
Phone — 303.831.1722

When responding, note which entrée you prefer:
  • Grilled Beef Medallions
  • Pan-seared French Chicken Breast
  • Vegetarian


The details

When

Thursday, October 17

5:00 p.m.  -  Reception
5:45 p.m.  -  Dinner and Program

 

Where

CADA Headquarters
290 E. Speer Blvd., Denver
Bud Wells Board Room
 
RSVP Today!
RSVP now!
 

October kicks off with 22 vehicles! Thanks for your donations!


We had a great start to the month with 22 donations last week. We are at 575 for the year, which surpasses our total for last year and there are still three months left! This brings us to 4,261 all-time donations. We are on a roll, thanks to your generous contributions.
DEALER TOTAL
Mile High Honda  6
AutoNation Honda 104  5
Emich Chevrolet  2
Fuoco Motor Co  2
Phil Long Honda of Glenwood Springs 2
Davidson-Gephardt Chevrolet  1
Phil Long Ford of Motor City  1
Pueblo Toyota  1
Stevinson Chevrolet  1
Tru West CDJR  1
GRAND TOTAL week of 9/30-10/6/2019 22
Clear the Air Foundation awarded the Arapahoe Community College Foundation a check for $7,000 to fund the next round of scholarships. That amount was matched at $5,000, and with the Snap-on Tools student discount program we hope to award $24,000 worth of tools to qualifying students.
 
Advisory Committee meetings are in full force at your local community college. Be sure to reach out to your contact at the school to find out when they take place, so you can participate. It’s the easiest way to give back and who knows? You might even hire some auto techs as a result.
The best way to donate a vehicle is through the Clear the Air Foundation website. Click here to donate.
Yes! I want to donate!
I encourage you to follow the Foundation on Facebook to see what we are up to. You will find links to relevant articles, along with news about donations and scholarship awards.

Please consider extending your philanthropic arm by donating any vehicle with an actual cash value of $300 or less to the Clear the Air Foundation. To make it even easier, you can donate online.

Meanwhile, to donate a vehicle, gather the information below, send it to Mark Zeigler and he’ll have someone pick it up:
VIN
Year
Make
Model
Location
 
Sign over and mail the title to:
Mark Zeigler, Director
Clear the Air Foundation
290 E. Speer Blvd.
Denver, CO  80203
 
Please donate a vehicle. You’ll change a life.

Regulatory & Legal
 
US Department of Labor updates salary limits on overtime rule
We have been following the Department of Labor’s (DOL) Overtime Rule, which was the rule at the heart ofNavarro v. Encino Motorcars (service advisors were exempt from overtime pay under the “salesman exemption.”) Following that judicial interpretation, the department itself released a long-awaited update at the end of September to clarify the salary threshold at which an employee of any department can be exempted from the rule’s overtime wage and hour requirements.

The salary threshold was moved from $23,660 to $35,568. Employers Council estimates that this will make approximately 1 million more employees eligible for overtime pay. By contrast, you may remember that at the end of the Obama administration, the Department of Labor was attempting to raise the threshold to $47,476. That proposed threshold - later disapproved by Congress - would have expanded overtime to a much larger number of workers.

In this DOL rule, there were no substantial changes to duty requirements. In other words, no exemptions similar to the salesperson exemption were added to exclude certain types of workers. However, this rule also permits up to 10 percent of this salary threshold to be comprised of commission-style — or guaranteed bonus —payments. Finally, the salary level for highly compensated employees (also exempt from the overtime rule) was raised from $100,000/year to $107,432/ year.

If you have any questions relating to overtime eligibility pay, please send an e-mail to Matthew Groves or call 303.282.1449.

Bonds & Forms
CADA has a fillable bond request form for new sales people! This new, fillable PDF form makes it easier, faster and more accurate for us to turn around your salesperson bond request. Because there’s no handwriting to decipher with this form, bond turnaround can be faster than ever. Just download the form, electronically fill it out and return to Khorrie Luther. Questions? Call Khorrie: 303.457.5122.
Download the form
Contact Khorrie

Upcoming Events

 
Risk Management Academy Webinar
Where There’s Smoke There’s Fire: Fire Prevention Strategies


Tuesday, October 15
12:00 pm
Register online
Rocky Mountain Safety Conference

October 28 - 29
Hyatt Regency Aurora / Denver Conventions Center
13200 East 14th Place • Aurora, CO 80011
Register online
 

News Update


 
Across the nation
Automotive News
Grim start to U.S. auto sales stirs alarm that collapse is here
The Verge
Cars with high-tech safety systems are still really bad at not running people over
Automotive News
Opinion: Be careful what you wish for
Manufacturer News
Detroit Free Press
Names of luxury Lincoln vehicles are part of strategic plan
Detroit Free Press
2020 Chevrolet Corvette convertible shares this feature with classic race cars
Bloomberg
Lotus unveils $2.1 million electric supercar
Bloomberg
BMW beats Mercedes by just 34 cars in tight U.S. sales race
Automotive News
Ram runs tight diesel race
Electric vehicles
Automotive News
The era of electrification
Bloomberg
GM’s Mary Barra bets big on an electric, self-driving future
Autonomous vehicles
Forbes
Is 2020 the year for eyes-off automated driving?
The Verge
Waymo is bringing its self-driving cars to map Los Angeles
AiThority
DeepRoute raises $50 million in funding to research and develop autonomous vehicles
Tesla
Wall Street Journal
Culture clash between Tesla and Panasonic
Los Angeles Times
Editorial: Tesla’s smart summons is a potential self-driving nightmare, and regulators are ignoring the risk
- -  CLICK BELOW FOR MORE AUTOMOTIVE NEWS  - -
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ENDORSED PROVIDER / PROGRAMS

For information about any of the Endorsed Provider’s products or services, contact
Polly Penna polly.penna@colorado.auto
303.457.5119 office  |  303.945.6426  mobile

 

 A fire could NEVER happen to me! This is a common thought among many businesses today. Unfortunately, they don't realize until after a devastating blaze, that simple strategies could prevent most fires. This presentation focuses on steps a business should take to help prevent disastrous fire losses. Also on the agenda are steps a business can take to help expedite recovery and resume serving customers as quickly as possible. 

 

Risk Management Academy

Registration Now Open!

 
Federated Insurance is offering complimentary risk management training for all industries on November 5-7, 2019. Through this valuable session, you will discover methods you can use immediately to help protect profits by reducing risk at your business.
 
Companies that are the most successful at controlling losses and protecting profits have integrated risk management into their overall company culture. Many have designated a key person as their risk manager. This person is supported by your company’s top management and is both responsible and accountable for identifying loss exposures and implementing risk management solutions.
 
This seminar’s objective is to help your risk manager learn the exposures specific to All Industries, connect with peers from across the country and apply these best practices within your business.
 
“Attending this training is one of the best investments you can make to help protect your business and its bottom line!”  2019 RMA Attendee
 
You can learn more by viewing a brief video about the Risk Management Academy. To reserve your spot in the upcoming session or for more information, please contact Royetta Spurgeon at rlspurgeon@fedins.com or (800)533-0472 Ext. 455-5604. Or, visit Federated's website.
Younger Generations Could Provide Answer to Dealership Turnover Issue
“Dealers can’t afford to take their eyes off their employees’ needs,” said Bob Kostkan, senior director with Cox Automotive University. “With record high dealership turnover and a low unemployment rate of 3.7% as of June 2019, it’s critical that dealership leaders improve productivity while also enhancing employee engagement and retention. These are controllable issues that must be addressed to maximize customer experience and profitability.”
 
Dealerships need to act now to create a culture that makes employees feel valued and shows them they have future growth opportunities. While participating in the Cox Automotive SHIFT/Reinvent Program in 2015, John Cragg, executive vice president for the Penske Automotive Group’s East Region and responsible for dozens of rooftops and thousands of employees, became aware of a blind spot — he was “delegating” when he should have been “empowering.” As a result of this new awareness, he worked strategically with his HR and marketing teams to shift the focus to be more about empowering people and giving them opportunities to contribute in more significant ways. Cragg has since seen consistent year-over-year improvement in employee turnover and satisfaction. His region now has the highest employee satisfaction scores in the company and the lowest turnover — outpacing industry averages, even for the highest performers.
 
In addition to empowering and engaging staff, dealerships should also invest in modern, user-friendly technology to help drive greater productivity and efficiency for employees. Having access to the latest technology is not only expected by these younger generations but required to succeed as a business in today’s digital age. To get the most out of technology, dealerships must also implement ongoing training opportunities. Equipping employees with the necessary tools to help them grow their skillsets and better take advantage of new technology will create happier workers and a more optimized workflow.
 
Download highlights from the Cox Automotive’s 2019 Dealership Staffing Study. Find out more about Cox Automotive University.
 
Download the study!
Register now!
We are excited to present you with the outstanding line-up of speakers for the 2019 Rocky Mountain Safety Conference.

Register today for the 2019 Rocky Mountain Safety Conference at the Hyatt Regency Aurora on October 28th and 29th

For more information on pricing, breakout sessions and registration visit our Conference Program & Registration Page.

Important Information:
  • Group discounts available- When registering three (3) or more employees at the same time call Jennifer Merkle (303) 260-5007. Discounts are available for both members and non-members. Registration pricing below is per person.
Full Conference
Member – Prior to 9/20/19                                           Non-Member
$450    1-2 People                                           $515    1-2 People
$410    3-5 People                                           $475    3-5 People
$370    6+ People                                            $435    6+ People
 
Member – After 9/20/19
$515    1-2 People
$475    3-5 People
$435    6+ People
 
One Day
Member – Prior to 9/20/19                                          Non-Member
$310    1-2 People                                           $370    1-2 People
$280    3-5 People                                           $340    3-5 People
$250    6+ People                                            $310    6+ People
 
Member – After 9/20/19
$370    1-2 People
$340    3-5 People
$310    6+ People
 
  •  Members must log-in on the website to get the member rates for the conference.Forgot your Username and Password? Not sure if you have one? Call CSA for assistance (303) 373-1937.
  • This year's conference gives our sponsors, exhibitors, and attendees the opportunity to participate in the social media coverage for the conference. Increase your visibility and engage with conference participants by using our conference hashtag #RMSC19. Follow Colorado Safety Association on Facebook, Twitter, LinkedIn and Instagram during the conference for live updates, pictures and videos.
Register now!

FEPN Complimentary Webinar Invitation - Available on Demand!
Summary

In this webinar, we will address employee interactions that provide opportunities to reduce the risk of claims and accidents.  We will offer examples and provide practical pointers that any employer can use right away.

Robin Taylor Symons, Esq.
Co-managing Partner
Gordon & Rees

Co-managing partner of the Miami Gordon & Rees, LLP office and a member of the Labor and Employment, Insurance, and Commercial Litigation Practice Groups. Ms. Symons’ litigation and counseling practice focuses on employment practices liability, directors and officers liability, and complex insurance coverage litigation across all lines of insurance. Ms. Symons provides legal counsel and advice to small and mid-size employers, and has served as counsel to the local state court. She has tried numerous employment and insurance coverage cases, and serves as monitoring counsel/coverage counsel for insurers nationwide.

Ms. Symons’ labor and employment law expertise is also provided to businesses and specialty business groups across the U.S. through Enquiron® (www.enquiron.com).

Ms. Symons also has considerable experience handling commercial litigation and professional liability claims, and has defended numerous complex cases in these areas including class actions, binding arbitrations, and RICO lawsuits.

Register Now!
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