MADA is thrilled to commemorate our 100 years - Media ...
MADA is thrilled to commemorate our 100 years - Media ... MADA is thrilled to commemorate our 100 years - Media ...
FALL 2010 COVER STORY 14 A Century to Celebrate! 10 17 FEATURES 10 Legacy Asset Tax Planning The largest tax hike in American history is scheduled to take effect in just a few months and will hit families and businesses beginning January 1, 2011. 17 MADA Endorses Zurich’s F&I Income Development Program Many of Maryland’s Auto Dealer Association members have put their trust in Zurich’s F&I income development program for their dealership. If you are not currently one of these members working with Zurich for your F&I business, have you ever considered how Zurich’s F&I team can be a valuable resource for your company’s bottom-line 20 MADA Celebrates a GREAT Convention! MADA and our members enjoyed a truly great convention this past June! Teaming up with VADA, all who attended enjoyed the elegant comforts of the Greenbrier Resort, the latest in industry and business news, and family fun. 22 Legislative Update: New Laws Take Effect in October! 24 2010 Annual Golf Outing and Crab Feast MADA members and guests were treated to a day of beautiful weather at MADA’s Annual Golf Outing and Crab Feast at Queenstown Harbor on September 15. 25 MADA is Proud to Introduce Our New Charitable Foundation As we celebrate our 100th anniversary on Saturday, November 13, 2010 at a Black Tie Gala hosted at the Westin Hotel in Annapolis, we will officially introduce the newly formed Maryland Automobile Dealers Association Foundation [MADAF]. MADA is thrilled to commemorate our 100 years of history and service to Maryland’s automobile dealer community. DEPARTMENTS 5 President’s Message 7 Chairman’s Message 8 Director of Dealer Services’ Message 25 Program Calendar Maryland Automobile Dealers Association 4
PRESIDENT’sMessage | j. peter kitZmiller Help us Celebrate 100 Years of History As summer draws to an end, I trust you all enjoyed the season and are ready to move into fall. We at MADA have had a very busy summer and are pleased to end on a high note following our very successful summer business convention at the Greenbrier resort. The presence of top industry executives was exciting and every attendee came away with new knowledge and insight into the future of our industry. I thank everyone who attended and made it a wonderful convention. I also extend great gratitude to all of our generous sponsors for their support. After a very successful General Assembly Session, dealers and the driving public can expect several new pieces of legislation and laws to go into effect on October 1, 2010. We have provided a concise summary in this issue of each law and its corresponding legislation We encourage you to remind your customers of the hands-free law taking effect on October 1st; this is a great way to generate more revenue for your sales department. that will affect your business and driving laws in Maryland. Please take the time to familiarize yourself with these changes. We also encourage you to remind your customers of the hands-free law taking effect on October 1st; this is a great way to generate more revenue for your sales department as many drivers will need to modify their vehicles to comply with this new law. Finally, we anticipate a wonderful 100th Anniversary Gala event on November 13th; we invite each and every one of our members to help us celebrate 100 years of history and service to the Maryland automobile dealer industry. MADA is one of the oldest state trade associations in our industry and this is truly a momentous occasion! I wish all of you a prosperous close to 2010 and I hope to see you at our 100th Anniversary Gala in November. Sincerely, J. Peter Kitzmller President Official Publication of the Maryland Automobile Dealers Association Maryland Automobile Dealers Association 7 State Circle, Suite 301 Annapolis, Maryland 21401 Phone: 410-269-1710 or 301-261-1717 Fax: 410-269-1549 E-Mail: mdauto@mdauto.org www.mdauto.org OFFICERS Sam Weaver, Chairman Marisa Shockley, Vice-Chairperson BOARD MEMBERS Bill Aschenbach J.P. Bishop Marc Cohen Jerry Dillard Frank Ferrogine Brand Fowler Jack Saum, Jr. Danny Sauro Vincent Trasatti, Jr. Tom Walls David Williams, NADA Director ASSOCIATION STAFF J. Peter Kitzmiller, President Ethel Biensach, Director of Operations Albert Scrimger, Director of Dealer Services Travis Martz, Director of Government and Industry Affairs Katie Jones, Public Relations Coordinator Charlotte Rutkowski, Membership/ PAC Coordinator Questions and comments regarding this publication may be directed to Katie Jones at the Association office, 410-269-1710 or via e-mail, kjones@mdauto.org. The Maryland Automobile Dealers Association provides IN GEAR as a benefit of membership in the Association. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of the Maryland Automobile Dealers Association or its publisher, Media Communications Group, Inc. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by Media Communications Group, Inc. ©2009 Media Communications Group, Inc. All rights reserved. 5 FALL 2010 | www.mdauto.org
- Page 1 and 2: An Official Publication of the Mary
- Page 7 and 8: CHAIRMAN’sMessage | SAM WEAVER, J
- Page 9 and 10: CHEAPSKATE CAR BUYERS ARE DOWNRIGHT
- Page 11 and 12: Review your estate assets and estat
- Page 13 and 14: Stand Out from the Crowd… Work wi
- Page 15 and 16: WHEN YOU MAKE YOUR NUMBERS, THE BAY
- Page 17 and 18: MADA Endorses Zurich’s F&I Income
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- Page 26 and 27: Advertiser Index Fall 2010 Attorney
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FALL 2010<br />
COVER STORY<br />
14 A Century <strong>to</strong> Celebrate!<br />
10<br />
17<br />
FEATURES<br />
10 Legacy Asset Tax Planning<br />
The largest tax hike in American h<strong>is</strong><strong>to</strong>ry <strong>is</strong> scheduled <strong>to</strong> take effect in just a<br />
few months and will hit families and businesses beginning January 1, 2011.<br />
17 <strong>MADA</strong> Endorses Zurich’s F&I Income Development<br />
Program<br />
Many of Maryland’s Au<strong>to</strong> Dealer Association members have put their trust in<br />
Zurich’s F&I income development program for their dealership. If you are not<br />
currently one of these members working with Zurich for y<strong>our</strong> F&I business,<br />
have you ever considered how Zurich’s F&I team can be a valuable res<strong>our</strong>ce<br />
for y<strong>our</strong> company’s bot<strong>to</strong>m-line<br />
20 <strong>MADA</strong> Celebrates a GREAT Convention!<br />
<strong>MADA</strong> and <strong>our</strong> members enjoyed a truly great convention th<strong>is</strong> past June!<br />
Teaming up with VADA, all who attended enjoyed the elegant comforts of the<br />
Greenbrier Resort, the latest in industry and business news, and family fun.<br />
22 Leg<strong>is</strong>lative Update: New Laws Take Effect in Oc<strong>to</strong>ber!<br />
24 2010 Annual Golf Outing and Crab Feast<br />
<strong>MADA</strong> members and guests were treated <strong>to</strong> a day of beautiful weather<br />
at <strong>MADA</strong>’s Annual Golf Outing and Crab Feast at Queens<strong>to</strong>wn Harbor on<br />
September 15.<br />
25 <strong>MADA</strong> <strong>is</strong> Proud <strong>to</strong> Introduce Our New Charitable<br />
Foundation<br />
As we celebrate <strong>our</strong> <strong>100</strong>th anniversary on Saturday, November 13, 2010 at<br />
a Black Tie Gala hosted at the Westin Hotel in Annapol<strong>is</strong>, we will officially<br />
introduce the newly formed Maryland Au<strong>to</strong>mobile Dealers Association<br />
Foundation [<strong>MADA</strong>F].<br />
<strong>MADA</strong> <strong>is</strong> <strong>thrilled</strong> <strong>to</strong><br />
<strong>commemorate</strong> <strong>our</strong> <strong>100</strong> <strong>years</strong> of<br />
h<strong>is</strong><strong>to</strong>ry and service <strong>to</strong> Maryland’s<br />
au<strong>to</strong>mobile dealer community.<br />
DEPARTMENTS<br />
5 President’s Message<br />
7 Chairman’s Message<br />
8 Direc<strong>to</strong>r of Dealer Services’ Message<br />
25 Program Calendar<br />
Maryland Au<strong>to</strong>mobile Dealers Association 4
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