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Visit Our Website
www.IllinoisDealers.com
Join our mailing list!
Do you know of other member dealership employees who should be receiving the IADA Electronic Bulletins? Let us know! Send an email to Meghan Sander (msander@illinoisdealers.com), Director of Communication, with the contact information of people who should be on our distribution list.
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2014 IADA OFFICERS
Chairman
Mike Mangold
Mangold Ford
Eureka
Vice Chairman
Dave Taylor
Taylor Chrysler Dodge & Jeep, Inc.
Bourbonnais
Treasurer
Sam Roberts
Roberts Motors, Inc.
Alton
Secretary
Jack Schmitt
Jack Schmitt Chevrolet
O'Fallon
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
January 30th
Sandi Jerome
How to Run your Store(s) by the Numbers... The Data-Driven Advantages of Operational vs Financial Analysis (12 PM CST)
Click here to register!
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January 28th
Presenters: Eric Schmitz, Bob O'Gorman
Straight From the Automotive Lift Institute (12 PM CST)
Click here to register!
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January 24, 2014 Vol 2013, Issue 28
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2014 BOARD CHAIRMAN MIKE MANGOLD
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 Mike Mangold, President, Mangold Ford in Eureka, Illinois was elected the 2014 Chairman of the Board of the Illinois Automobile Dealers Association, during its annual meeting for the election of officers held in Chicago, November 2013.
He began his involvement with IADA being elected to the Board of Directors in 2006, representing dealers in the Peoria Metro area. Mike previously held the position of Vice Chairman, Secretary and Treasurer in addition to serving on the IADA Executive Committee.
Mike is a second generation car dealer, and became dealer principal of Mangold Ford at the age of 22 after the unexpected death of his father. He has been working at the dealership and selling cars since he was a teenager. Mike has been involved with the NADA 20 Group for 25+ years, he has been Two-time President of the Peoria Metro New Car Dealers' Association, and Illinois' TIME Dealer of the Year Nominee in 2013.
In the community, Mike is a Board of Trustee Member for Eureka College, a Charter Member of the Ronald W. Reagan Society at Eureka College, a leader with Keep Eureka Beautiful Campaign, and served on the Steering Committee for Congressman Ray LaHood.
Mike resides in Eureka, IL with his wife, Judy. Mike and Judy have 4 children: Michael, Erica, Ryan and Rebecca. On behalf of our IADA membership we congratulate Mike Mangold on his election and look forward to working with him as your 2014 IADA Board Chairman.
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SUNDAY CLOSING LAW (SB 2629) UPDATE
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Senator Jim Oberweis (Republican) has introduced a bill to repeal the Illinois' Sunday Closing Law for vehicle dealerships. The hearings will be starting soon. We ask that you reach out to your State Senator for a commitment to vote against the repeal. Ask your Senator to vote against SB 2629. For the easiest way to contact your respective elected officials, use our simple IADA-Grassroots Action Center, click here. An IADA Fact Sheet is available here.
In 1982, The Illinois Legislature enacted legislation to close dealerships on Sunday - this law was appealed to the Illinois Supreme Court. The Supreme Court upheld the law, indicating that the Sunday Closing Law was "part of the regulatory scheme" that regulates auto dealerships differently from other businesses.
IADA will continue to keep everyone up to date as we continue to work on this issue. |
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NEW YEAR. NEW CHOICE.
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It's a New Year so that means a New Choice! With deregulation, you now have the choice to decide who provides your electricity supply. Electricity shopping is similar to shopping for a new cell phone provider. AEP Energy's primary focus is supplying electricity by strategically purchasing electricity supply at competitive prices allowing us to pass savings onto you - our partner.
ACT NOW. Sign up and start saving today!
Please mention you're a member of the Illinois Automobile Dealers Association when you contact AEP Energy's Expert Energy Team. Send a copy of your electricity bill(s) by or e-mail or fax:
(P) 312-488-5048 (E) IADA@aepenergy.com (F) 312-488-5049 (W) AEPenergy.com/IADA |
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FEDERAL TRADE COMMISSION CRACKS DOWN ON DECEPTIVE ADVERTISING
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Motor Vehicle Dealers have another traffic cop to worry about in addition to the Attorney General's Office when it comes to advertising violations. The Federal Trade Commission recently brought deceptive advertising claims against 10 motor vehicle dealers as part of a nationwide investigation of motor vehicle dealer advertising. The FTC and 9 of the dealers have settled the charges and are in the process of entering into a consent order to memorialize the settlement. The FTC is pursuing the charges against the 10th dealer. The FTC's charges alleged that:
- Two dealers advertised a low monthly payment that was actually a teaser rate that increased after a few months.
- Three dealers advertised a $0 upfront lease payment when, in fact, substantial fees and other charges were due at signing.
- One dealer sent sweepstakes-style mailers claiming that the recipients had won prizes when no prizes were awarded.
- One dealer advertised a purchase price with low monthly payments and failed to advertise a $10,000 balloon payment at the end of the term.
- One dealer advertised a low up-front payment and low monthly payments when the up-front amount was actually significantly higher. The FTC also alleges that this dealer failed to disclose that its offer was a lease.
- One dealer advertised prices that were $5,000 lower than the actual price.
The FTC has indicated that it is likely to bring additional actions against dealers.
The Attorney General's and the FTC's Motor Vehicle Advertising Rules and Related Statues can be found in the FAQ section at www.illinoisdealers.com. If you have any motor vehicle advertising questions, please feel free to contact IADA at (217) 753-0220. |
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ETC PROLIANCE ENERGY
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 We would like to bring to your attention a potential cost savings opportunity for IADA members through a relationship with ETC ProLiance Energy, a natural gas marketing company. ProLiance Energy provides natural gas supply to many commercial and industrial customers throughout the Midwest. IADA members have the potential to save money by purchasing natural gas through ProLiance instead of through your utility. The utility will remain as your local distribution company, but the natural gas will be purchased through ProLiance.
Our current focus is in the Ameren territory where the annual expected savings could range from 15% to 30%.
This is a great opportunity for members to save on your operating costs. Please call Brian Hirshberg at (812) 431-4509 to complete a savings analysis, discuss this opportunity, or ask any questions that you may have. |
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