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2012 IADA OFFICERS
Chairman
Jim Lombardi
Lombardi Chev Buick
Wilmington
Vice Chairman
Gary Knight
Carmack Car Capitol
Danville
Treasurer
Mike Mangold
Mangold Ford
Eureka
Secretary
Dave Taylor
Taylor Chrysler Dodge, Inc.
Bourbonnais
President
Peter Sander
IADA
Springfield
IADA Staff Contacts:
Ph# 1-800-252-8944
Pete Sander
President
Ext. 103
psander@illinoisdealers.com
Larry Doll
Legal
Ext. 105
ldoll@illinoisdealers.com
Mark Harting
Administrative Services
Ext. 110
mharting@illinoisdealers.com
Mike Healey
Member Services
Ext. 107
mhealey@illinoisdealers.com
Joe McMahon
Legislative
Ext. 113
jmcmahon@illinoisdealers.com
Meghan Sander
Member Communications
Ext. 109
msander@illinoisdealers.com
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Your
IADA
Partner
Moving Vehicle Registration Into The Future
(click logo for more details)
Upcoming Webinars
July 12th
Clayton Stanfield
How to Sell Parts & Accessories on eBay - Secrets from Dealership Power Sellers (12 PM CST)
July 19th
Phillip Sherman
The Dos and Don'ts of Choosing a Telephone System Upgrade - Including the DMS Options (12 PM CST)
July 26th
Brian Pasch
SEO Update - Deeper Look ar Google's Penguin Update (12 PM CST)
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July 09, 2012 Vol 2012, Issue 9
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TREASURER & IADA PARTNER TO RETURN $1000s TO DEALERS
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CLICK HERE TO SEE IF WE'VE FOUND UNCLAIMED PROPERTY FOR YOUR DEALERSHIP
The Unclaimed Property Division of the Illinois State Treasurer has $1.5 billion in cash, plus contents from Illinois safe deposit boxes that have been inactive for at least five years. During Treasurer Rutherford’s first year in office, he returned more than $100 million of assets to their rightful owners. The total returned during 2011 was $101,679,655, a 23 percent increase over the previous year. In the past, the Cash Dash program returned about $80 million annually to owners.
Examples of unclaimed property include, but are not limited to:
• Money from inactive savings and checking accounts
• Unpaid wages or commissions
• Stocks, bonds and mutual funds
• Money orders and bill overpayments
• Safe deposit box contents
• Other properties as listed on www.treasurer.il.gov.
Illinois Auto Dealers Association Dealership Claims Summary
Illinois State Treasurer Dan Rutherford and the Illinois Automobile Dealers Association have discovered that Illinois automobile dealerships have unclaimed property.
• 631 Member Dealerships searched
• 123 Claims belonging to Dealerships totaling $128,282.38
• 40 Additional Co-Owner Claims totaling $96,716.04
• 163 Claims in Total for a Grand Total of $224,998.42
Additional Information:
• 26 of the Dealer Claims are in excess of $1,000.00
• 23 of the Co-Owner Claims are in excess of $1,000.00
A claim form will be mailed to each dealership that has unclaimed property. You are encouraged to visit his website at www.treasurer.il.gov to see if the state of Illinois is holding any additional unclaimed property that may belong to your organization, friends, or family. It is easy to check our database. Simply visit the above website, click on the I-Cash link.
IL State Treasurer's Office and IADA have compiled a list of dealers with unclaimed propery. Click here to view file. The list may also be viewed on our www.IllinoisDealers.com website.
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U.S. APPEALS COURT UPHOLDS 2012-16 FUEL STANDARDS
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A three-judge panel has upheld the Obama administration's ability to limit greenhouse gas emissions, including setting 2012-16 fuel-efficiency standards and tailpipe limits. The U.S. Court of Appeals in Washington dismissed challenges brought by states led by Texas and major industries. According to The Detroit News, the decision is a win for the Obama administration, which plans to finalize the 2017-25 fuel-efficiency standards and greenhouse gas emissions limits by August. The rules will hike requirements to 54.5 mpg by 2025. Industries are concerned the Environmental Protection Agency (EPA) could further limit carbon emissions without congressional action. In 2007, the Supreme Court ruled in Massachusetts vs. EPA by a 5-4 vote that the agency had to regulate greenhouse gases under the Clean Air Act if it found them to be a danger to human health. In 2009, the EPA named tailpipe emission from automobiles as a danger to human health. In 2010, the Obama administration finalized 2012-16 tailpipe emissions limits and fuel economy requirements, hiking fleet wide standards to 34.1 mpg by 2016. Click here for full coverage of an appeals court decision to uphold the administration’s fuel efficiency standards.
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WHY GENERATION Y SEES NO NEED TO GET BEHIND THE WHEEL
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Entry level buyers that the auto industry depends on to keep hope alive no longer seem interested in buying cars, or driving in general. Reuters reports that more than one-fourth of 16- to 34-year-olds do not even have a driver’s license. According to Forbes, this could be a huge problem for the auto industry, since Generation Y is bigger than the post-World War II baby boom. It’s been clear for the past 5 years that many teens were not even getting their driver’s licenses in high school. One reason was the restraints by several states on teen drivers. Secondly, experts place fault to helicopter parents for doing everything for their children, including driving them from place to place, as opposed to having them risk getting in an accident. The economy is also a huge issue. Increased tuition costs over the years have forced young people to save their money from part-time/summer jobs to pay for their education and/or rent. Lastly, Millennials place a higher priority on the environment than previous generations, making public transportation a more appealing option than driving. This whole issue is a challenge for automobile makers as they look for ways to make the neutral generation enthused about driving again.
Source: http://www.forbes.com/sites/michelinemaynard/2012/07/02/why-generation-y-sees-no-need-to-get-behind-the-wheel/
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LET EVERYDAY MESSAGES ADVERTISE FOR YOU
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Many companies overlook the influence of the email’s signature’s ability to drive traffic to their websites. Often times, companies spend a lot of money on advertising their sites to get priority placement on certain sites. However, countless emails go out each day, why not link the recipients to your website through your email signature.
Most people are using a basic automatic signature line, also called a “tag line,” with your name and contact information. The same email tool used to set up your signature can also be used to add your website, or even your social media links.
In addition, you can even customize your signature line to promote benefits on your website. You can even create more than one signature to have readily available when appropriate. You may want prospects to click on your main homepage, or invite existing customers to check out a new product by clicking to a different page. And you can even inform media contacts of your speaking events by directing them to yet another page.
Ensuring that your website offers hints to products, having a “helpful hints” link on customer service emails, or even having coupons readily available to print through your website can all create positive recognition to your company.
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IT'S TIME TO NOMINATE THE TIME MAGAZINE QUALITY DEALER AWARD
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IADA is looking to its members to help nominate the 2013 Time Quality Dealer Award Nominee. All dealers nominated should meet the following criteria:
• Exhibit exceptional performance in their dealership
• Act as a well-rounded citizen, distinguished in community service
• Create a positive public relations forum for all new car dealers
• Participate as an active member of IADA and NADA
• Act as the designated operating head of a franchised new car dealership, working at least 75% of the time.
To make your Time Quality Dealer Award Nomination, please fill out the nomination form attached with this bulletin. Nominations are due by Friday, July 20th, 2012.
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