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2011 IADA OFFICERS
Chairman
Tim Mooney
Tim Mooney, Inc.
Tuscola
Vice Chairman
Jim Lombardi
Lombardi Chev Buick
Wilmington
Treasurer
Gary Knight
Carmack Car Capitol
Danville
Secretary
Mike Mangold
Mangold Ford
Eureka
President
Peter Sander
IADA
Springfield
IADA Staff Contacts:
Ph# 1-800-252-8944
Pete Sander
President
Ext. 103
Larry Doll
Legal
Ext. 105
Mark Harting
Administrative Services
Ext. 110
Mike Healey
Member Services
Ext. 107
Joe McMahon
Legislative
Ext. 113
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Your
IADA
Partner
Moving Vehicle Registration Into The Future
(click logo for more details)
Your
IADA
Partner
For Insurance Solutions
to Protect Your Dealership
(click logo for more details)
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December 23, 2011 Vol 2011, Issue 13
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HAPPY HOLIDAYS
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 On behalf of the IADA Board of Directors and Staff we would like to wish everyone the Happiest of Holiday Seasons and best wishes for a Happy New Year! It is our pleasure to represent your interests in Springfield our Capital City. We sincerely appreciate your continued support and involvement as we prepare for 2012 Legislative Session.
In observance of the Holiday Season IADA will be closed on Monday, December 26 and Monday, January 2. A reminder IADA is available 24/7 on line at www.illinoisdealers.com.
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IADA - CATA FT. LAUDERDALE, FLORIDA CONFERENCE
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Plan to join IADA & CATA as we offer our members an opportunity to mix business and pleasure at our Annual Spring Conference, March 24-28, 2012, at the beautiful Harbor Beach Marriott in Ft. Lauderdale, Florida. These dates are during the spring vacation season with ocean front rooms guaranteed for all attendees!
With our convention package you will receive four nights lodging, guaranteed ocean view rooms, breakfast business sessions, two receptions and a Beach Bash Theme Party! The Harbor Beach Marriott Resort & Spa in south Florida is a seaside getaway highlighted by a pristine oceanfront location & close proximity to the airport. The resort offers an abundance of recreation; water sports, a tropical lagoon pool & children's activities make this Fort Lauderdale luxury resort's facilities one of a kind. Mark your calendars and register today!
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IMPORTANT INFORMATION FOR SAAB DEALERS
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Now that Saab has announced that it will suspend payment of warranty and incentive claims, Saab dealers will have to decide whether to perform service that would have been covered by Saab’s warranty free of charge to the customer. Unlike General Motors and Chrysler, which were reorganized under the Bankruptcy Code, there is no guarantee that Saab will be similarly reorganized. It is possible that there will not be additional funds to reimburse dealers for future “warranty” work.
Saab vehicles that are still within their warranty periods can be divided into 3 classes:
• Vehicles that were sold while Saab was owned and controlled by General Motors;
• Vehicles that were sold after General Motors sold its controlling interest in Saab; and
• Vehicles that have not been sold.
General Motors has indicated that it will pay warranty claims on vehicles that were sold while Saab was under its control. GM sold its controlling interest in Saab in February, 2010. Dealers should expect to be reimbursed for warranty work done on vehicles sold before GM gave up its controlling interest in Saab.
Vehicles sold after GM gave up its controlling interest are a more difficult matter. Dealers may not be reimbursed for any “warranty” work performed on post-GM era Saab vehicles. Saab dealers will have to decide whether they are willing to repair vehicles sold after February, 2010 as a matter of good will. A customer seeking warranty repairs who bought a vehicle from your dealership might argue that the implied warranty of merchantability makes you responsible for repair costs.
Saab has announced that new vehicles that are still in inventory should be sold “AS IS”. Under Illinois law, selling the vehicles “AS IS” will disclaim any implied warranty of merchantability. If you sell new Saab vehicles “AS IS”, you should remove all warranty materials from the vehicle. You may consider explaining to customers that Saab is no longer in business and those future parts availability could become problematic.
If you would like to discuss this matter further, please feel free to contact IADA Legal at (217) 753-0220.
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ADDITIONAL SAAB INFORMATION (REPRINTED FROM AUTOMOTIVE NEWS)
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Saab Cars North America, the U.S. sales and distribution unit of Swedish car maker Saab Automobile AB, said today it has named an outside administrator to run the company as part of a plan to avoid immediate liquidation following its parent company’s bankruptcy filing Monday.
During a telephone conference with reporters, the U.S. operation’s chief operating officer Tim Colbeck said the outside firm, McTevia & Associates, will attempt to resume the unit’s operations including warranty work and business with dealers that essentially stopped with the bankruptcy filing.
“We’ve basically stopped our business in an effort to not incur any additional debt,” Colbeck said.
He said the U.S. Saab operation is also trying to reestablish business with its parts supplier in Sweden, which is a separate company that is not in bankruptcy. The overall plan, he said, is to “keep this brand going.” However, Colbeck acknowledged that the outlook right is not good. Creditors could still force Saab North America into bankruptcy and liquidation, he said. The U.S. unit could also seek court protection in the future, though it has made a point so far of keeping the procedures out of court, Colbeck said.
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COOK COUNTY SALES TAX INCREASES EFFECTIVE JANUARY 1ST
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Beginning on January 1, 2012, the Cook County Use Tax on Titled Personal Property will increase from 0.75% to 1%. This tax increase does apply to motor vehicles that will be titled and registered in Cook County and must be collected by dealers in Cook County and may be collected by dealers in other counties who have signed up with Cook County to collect the tax. Additional information about the Cook County rate increase can be found at: Cook County Rate Increase.
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BAN ON CELL PHONE USE IN VEHICLES PROPOSED
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The National Traffic Safety Board (NTSB) called this week for a nationwide ban on the use of all cell phones and other electronic devices by all drivers. The sweeping proposal goes far beyond what any state currently prohibits. And it could force automakers to make major changes to in-vehicle technology systems that now allow drivers to link cell phones to their vehicles. The safety board, which makes nonbinding recommendations, wants states to ban all cell phone use – hands-free or hand-held – behind the wheel.
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IRS ANNOUNCES 2012 STANDARD MILEAGE RATES
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The Internal Revenue Service (IRS) this week announced the 2012 optional standard mileage rates used to calculate the deductible costs of using a vehicle for business, charitable, medical or moving purposes.
Beginning Jan. 1, the standard mileage rates will be 55.5 cents per mile for business use, 23 cents per mile for medical or moving purposes, and 14 cents per mile in service of charities. The rate for business miles is unchanged from a mid-year adjustment that became effective on July 1, 2011. The medical and moving rate has been reduced by 0.5 cents per mile.
The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating a car. The IRS reminds taxpayers that they always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.
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SAVE MONEY ON YOUR ELECTRIC BILLS WITH IADA-BLUE STAR
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IADA has endorsed BlueStar energy as our preferred Alternative Energy Supplier. If you have Ameren or Commonwealth Edison as your electric supplier, find out what dozens of Illinois dealers have already found out. There can be as much as 20% in annual savings by enrolling in the IADA/BlueStar plan and it’s easy to do! Visit our website www.illinoisdealers.com and click on the BlueStar banner on the home page, or contact our office at 1.800.252.8944 and we will have a representative contact you.
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