Greetings!
Welcome to the latest installment of IADA's e-news, containing timely updates, information, announcements and reminders. We welcome your suggestions and contributions. For further information and updates regarding the Idaho Automobile Dealers Association please visit our newly designed website at www.idahoada.org.
IADA Staff- |
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IDAHO AUTOMOBILE DEALERS ASSOCIATION
OREGON AUTOMOBILE DEALERS ASSOCIATION
2008 JOINT CONVENTION
June 22- 25 ~ Sunriver Resort ~ Sunriver, Oregon
Dear Friends:
It's that time of year again! Our offices become a flurry of activity and plans are finalized for our annual convention. Once again Idaho and Oregon have joined forces to bring you four days of dealer educational seminars, networking opportunities and exciting activities for the whole family.
This year we are taking the event to the Sunriver Resort in Sunriver, Oregon June 22 - 25. The Sunriver Resort has perfected the sense of relaxation. With well-appointed accommodations, rejuvenating spa treatments, spectacular fare, and awesome mountain views, this resort destination will be the perfect setting for you, your family and dealership team!!!
Our Convention will bring together many of Idaho & Oregon's dealers and allied companies to share ideas and product information and partake in automotive and business topic education. With so many good memories to share and talk about a high attendance is a sure bet at this year's convention.
Past Conventions have been successful and we are excited to put on an even better gathering this year in beautiful Sunriver. Our agenda is packed with fantastic speakers and activities, including a golf tournament, fly fishing, biking on the many Sunriver trails and our valuable trade show with over 25 exhibitor companies.
Thank you for your participation. We look forward to seeing you in Sun River!
Sincerely,
Trent Wright
Executive Vice President
Idaho
Greg Remensperger
Executive Vice President
Oregon
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AUTOMOTIVE NEWS AT A GLANCE
Listed here are several articles pertaining to the auto industry that appeared recently in newspapers and other media outlets across the nation.
Car makers set to survivetsunami but fight of CO2
The Detroit News, April 12
European manufacturers are currently in the smug zone. They are better placed than usual to weather the upcoming storm. Their prospects could be the definition of a virtuous spiral. Fixed costs have been brought down, productivity is impressive, and capital spending has been reined in.
Quality has hitch for Ford dealers
 Detroit Free Press, April 12
Ford Motor Co. is improving the quality of its cars and trucks but, in an ironic twist, the gains come at a price for dealers who have come to depend on regular warranty work to keep their stores in the black.
Strong Demand Drives Rising Car Sales in China
Wall Street Journal, By Patricia Jiayi Ho
BEIJING -- Chinese demand for autos in the first quarter of 2008 showed resilience, with sales up sharply for big auto makers despite the country's slumping stock market and rising inflation.
About 2.58 million vehicles were sold in China from January through March, up 21% from a year earlier, according to data from the China Association of Automobile Manufacturers.
Shareholder groups drop emission demands on Ford
The Detroit News, April 12
A coalition of shareholder activists has dropped its demand for Ford Motor Co. to do more to reduce greenhouse gas emissions, saying the Dearborn automaker has convinced member groups that it has a plan for addressing its contribution to global warming.
Nissan goes after U.S. work trucks
The Detroit News, April 8
 Nissan North America Inc. is out to loosen the stranglehold that Ford Motor Co. and General Motors Corp. have on the business of selling light trucks to commercial customers.
The Japan-based automaker on Monday announced plans to launch three new commercial vehicles for U.S. consumers starting in 2010. The American subsidiary of Japan-based Nissan Motor Co. said it will spend $118 million to expand and retool its plant in Canton, Miss., to build vans and trucks.
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SUBPOENA SCAM COULD INFECT YOUR COMPUTER OR NETWORK:
IADA has been notified of a new e-mail scam that is apparently rampant right now. Please make sure that you and your employees are aware of this threat.
A fraudulent e-mail from subpoena@uscourts.com advises that the recipient has been subpoenaed to testify before a federal grand jury and/or produce documents. The e-mail includes a link to what is purported to be a copy of the subpoena. Clicking on this link actually activates a Trojan horse virus, infecting the computer or computer network. The virus will search for passwords, credit card numbers, bank account numbers, etc. on the network and communicate them back to the scammer. The virus may even be configured to allow involuntary remote access by the scammer. Federal courts do not send service of subpoenas via e-mail.
AUTOMOTIVE CAREERS ONLINE:
Recently, NADA launched Automotive Careers Online, which provides job seekers with access to the best employers and jobs in the car and truck retailing industry. CLICK HERE to take a test drive of this new program on the IADA website. Job seekers can post their resume, search available job postings and create job alerts for free. This competitively priced, NADA member-exclusive benefit allows dealers easy online management of job postings, access to a searchable resume database, and automatic email notification when new resumes match their criteria.
APRIL IS AUTOMOTIVE CAREER MONTH
Plan now to host an event during Automotive Career Month, set for April. NADA's Event Planning Kit makes it easy for you to help young people get their careers in gear. The kit includes:
- Sample invitation letters
- Publicity materials, including a press release, online and print ads and scripts for radio ads
- Winning ideas from dealers, students and educators
- An event agenda
- Event posters with room for your dealership information
Order a kit today at www.nada.org/careers or by calling 800.248.6232, Ext. 7147. CLICK HERE to download an Automotive Career Month Event Planning Kit. |
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LEGISLATIVE & REGULATORY UPDATES
NADA WEBINAR: RARE OPPORTUNITY TO HEAR DIRECTLY FROM THE IRS
NADA is offering the chance to get up-to-the-minute, practical information on IRS issues affecting retail businesses through an innovative Web-based seminar, titled Breaking News from the IRS on Dealer Tax Issues.
Terri Harris, IRS motor vehicle technical adviser, will present information on breaking tax developments applicable to dealers - including the latest on UNICAP, the new Vehicle Pool Method for LIFO accounting, recent IRS tool plan enforcement and just-released technical guidance on cost segregation studies.
Dealer principals, CFOs, controllers, CPAs and others involved in tax planning for dealerships are encouraged to participate in the two-hour seminar at 1:00 p.m. on May 8. About half of the time will be set aside for dealer-related tax questions from the participants.
The cost is $199 per computer connection and includes access to the seminar recording for up to six months. Registration information is available online at www.nada.org/seminars. To register by phone or for additional information, call NADA at (800) 252-6232, ext. 2. Questions can be e-mailed to seminars@nada.org.
NADA'S REGULATORY REVIEW NOW AVAILABLE ONLINE
NADA's Regulatory Review, which is published quarterly by the NADA Public and Legal Affairs Groups, contains the latest federal regulatory developments that affect franchised new-vehicle dealers. Regulatory Review is now available on NADA's Web site atwww.nada.org, under "Publications" (member login required). | |
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 info@idahoada.org. Also include your contact information for further follow-up.
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Mission statement: The Idaho Automobile Dealers Association was formed in 1932 to represent interests of new vehicle dealers in the state. Our goal then and now has been to improve, enhance, and grow the automobile industry in Idaho. By advocating and providing programs, products and services for new car dealers, we want to create a stable and healthy retail market for Idaho's businesses and consumers.
Sincerely,
Trent Wright
Idaho Automobile Dealers Association |
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Generously Underwritten by:
IADA's First Choice in P & C Insurance! |
UPCOMING EVENTS:
IADA District Meetings - Please RSVP to IADA if you will be attending
May 6th Dinner in Boise Dist #3
May 7th Lunch in Lewiston Dist #2
May 7th Dinner in CDA Dist #1
May 8th Lunch in Idaho Falls Dist #5
May 8th Dinner Twin Falls Dist #4 |
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BUSINESS LINKS:
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