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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.
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Upcoming Events |
Red Flags Rule Enforcement Federal
Trade Commission June 1 2010
June 13 - 16, Sun Valley
ASNA Summer Meeting, July 15, Coeur d'Alene Resort, Coeur d'Alene, ID.
ATAE Summer Meeting, July 15 - 16, Coeur d'Alene Resort, Coeur d'Alene, ID.
NADA Washington Conference, September 21 - 22, Washington, DC.
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Greetings!
Welcome to the latest installment of IADA's e-news, containing timely updates, information, announcements and reminders.
For breaking news and information, follow IADA on Twitter ! |
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www.Zurich.com -IADA's first choice in P&C Insurace |
| 2010 IADA Convention |
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IADA 2010 ANNUAL CONVENTION - JUNE 13-16 - SUN VALLEY, IDAHO
Join us this summer as after 15 years IADA returns to Sun Valley for the 2010 Annual Convention - Sunday, June 13 through Wednesday, June 16. Dealers, sponsors, and their families are invited to what will be another productive, educational, and entertaining gathering.
A tentative agendaincludes committee and Board of Directors meetings, golf, evening activities for kids, reception/dinner at the new Sun Valley club house, fly fishing/mtn. biking/outdoor family excursion, manufacturer speakers, legislative speakers as well as free time to enjoy Sun Valley and its activities with your family.
IADA President Gregg Middlekauff and IADA Executive VP Trent Wright invite you to attend and get involved with your association and spend a few days with your colleagues. Registration information will be sent soon to dealers and sponsors, or, feel free to contact Coleene Sutton at IADA at 208 853-4668 csutton@idahoada.org for more information. | | Dealer Resources | |
PRIMARY ELECTION TUESDAY MAY 25TH!
The IADA encourages dealers and their employees to vote in the primary election on May 25th. Polls will be open 8AM to 8PM. Voting information is available on the www.idahovotes.gov website, including a statewide polling place locator and information on the operation of the ballot marking device for the visually impaired.

IDAHO STATE OUTLOOK
The 1st qrt Idaho Auto Outlook Report is now available for review on the IADA website.
The April 2010 Idaho Economic Outlook is now available on the Idaho Division of Financial Management's website.
CLICK HERE
SMALL BUSINESS HEALTH CARE TAX CREDIT
Attached for immediate release is IRS News Release 2010-63, IRS Offers Details on New Small Business Helath Care Tax Credit, and IRS Notice 2010-44.
Section 45R of the Internal Revenue Code provides a Federal income tax credit to certain small employers that make nonelective contributions towards their employees' health insurance premiums under an arrangement that meets certain requirements. The Notice provides guidance on the credit, including guidance for determining eligibility for the credit, calculating the credit and claiming the credit.
The Notice will be published in Internal Revenue Bulletin 2010-22, on June 1, 2010.
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| Regulatory Updates | |
RED FLAGS RULE ENFORCEMENT TO BEGIN JUNE 1ST - AND THEY MEAN IT THIS TIME!
Unless you've been stranded on a desert island over the last few years, you should be at least somewhat familiar with the Red Flag Rules, which require your dealership to implement a comprehensive and dealership-specific Identity Theft Prevention Plan (ITPP), which must be updated regularly. While the FTC has postponed enforcement action for violations of the Red Flags Rule several times since its original November 2008 implementation date, no further delays are anticipated for the planned June 1st start of enforcement action. The Federal Trade Commission (FTC) is set to finally begin enforcement of the Red Flags Rule beginning next month.
For more information go to www.idahoada.org and scroll over compliance.
MODEL YEAR 2010 FUEL ECONOMY GUIDE
Since 1977, dealers have been required under federal law to post the EPA's Federal Fuel Economy Guide (Guide), which provides fuel economy information and lists vehicle fuel economy ratings. At every location that you display brochures describing the vehicles you sell, you are required to display either physical copies of the Guide, or a notice stating where the customer may access an electronic version of the Guide at your dealership.
If you decide to display a notice instead of physical copies of the Guide, the notice must contain the following link: http://www.fueleconomy.gov and you must allow the consumer to view and print the guide at no cost.
If sticking to the hardcopy version, you can order the Guide online at: http://bit.ly/bh86Yh, or over the phone at (877) 337-3463, but you must have enough copies on hand to be given to consumers upon request. You must maintain a copy of the appropriate guide for each model year vehicle you offer for sale at your dealership (the last 10 years worth of Guides are available online at: http://bit.ly/2MMxuz
2010 NHTSA INSURANCE COST BOOKLET
In addition to the display of Federal Fuel Economy Booklets, dealers must also display NHTSA's "2010 Relative Collision Insurance Cost Information Booklet" along with vehicle brochures. Unlike the Fuel Economy Guide requirement, which can be satisfied by posting a sign mentioning the availability of online access at the dealership, Insurance Cost Information Booklets must be physically displayed. Your dealership should have received a copy of the sign in the mail. If you have not received a copy, NHTSA asks dealers to call Ms. Ballard of NHTSA's Office of International Policy, Fuel Economy, and Consumer Programs, at (202) 366-0846 to receive a copy of the booklet and to be added to the mailing list.
These booklets compare differences in insurance costs for vehicles within a similar class on the basis of damage susceptibility, and are updated each year. You must maintain enough booklets to make sure that your customers can read and keep them. The booklets can be ordered by calling (202) 366-0846, or downloaded and printed at the following website: http://bit.ly/cN5CzB |
| IADA Classes & Seminars | | |
No classes are scheduled at this time. |
| Automotive Forms & Supplies |
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| IADA is your best source of unique promotional items, embroidered apparel and custom business forms. Our goal is to provide dealer members with quality products, competative pricing and fantastic service. Please make sure to take advantage of our acceptional discount on quantity price breaks.
Order 24/7: IADA faxline: (208) 853-6671
Order by phone: (208) 853-4668
For more information on product and pricing in our catalog, call (208) 853-4668 | |
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CUSTOMIZED REPORTS ON DEMAND  The IVRS is a web-based program that creates a solution for car, truck, RV and boat title reports in Idaho. This program is accessible anywhere, anytime via a secure website. The IVRS allows for customizable reports that summarize title data so businesses can more efficiently identify and seize opportunities. The IADA will continue to strive for their goal of providing the best weekly updated "title/sold" market data available to subscribers 24/7! Call today for more information regarding the service. (208) 853-4668 - Jocelyn Francis |
Mission Statement: The Idaho Automobile Dealers Association Inc. was formed in 1932 to represent interests of licensed 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 licensed car dealers we want to create a stable and healthy retail market for idaho's business and consumers.
Sincerely,
Trent Wright Idaho Automobile Dealers Association Inc. |
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We welcome your suggestions and contributions. For further information and updates regarding the Idaho Automobile Dealers Association Inc. please visit our website.
Idaho Automobile Dealers Association Inc.
4980 W. State St. Boise, ID 83703
Phone: (208) 853-4668 Facsimile: (208) 853-6671
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