Chicago Automobile Trade Association
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CATA Bulletin
August 2, 2004

 

Registrations up for summer's 'hot' cars: Polk

November 22, 2010

Registrations of many coupes, convertibles and prestige vehicles peak during the summer months with 40 percent or more of total registrations falling between the months of May and August, according to R.L. Polk & Co. Sporty and prestige vehicles, from the Lamborghini Murcielago to the Hyundai Tiburon, fall into this category. "Summer is the season for pleasure driving and road-tripping throughout the country," said Lonnie Miller, director of Polk Analytical Solutions. "Judging by the vehicles that sell best during the summer months, people are choosing to drive sports cars, convertibles or prestige vehicles." The top five vehicles with the highest percentage of 2003 annual sales made during the summer months were prestige models: Lamborghini Murcielago (48.0 percent), Lotus Esprit (47.6 percent), Acura NS-X (47.4 percent), Bentley Azure (47.3 percent) and the BMW M5 (45.1 percent). Annual unit registrations for these prestige specialty vehicles tend to fall in low volumes ranging from roughly 50 units for the Bentley Azure to over 1,500 units for the BMW M5. While the overall market sold 34.9 percent of its vehicles in the summer of 2003, convertibles did nearly 40 percent of their business from May to August of last year. The convertibles with the highest percentage of 2003 summer registrations were the Bentley Azure (47.3 percent), Ford Mustang (45.7 percent), Chrysler Sebring (45.1 percent), Mazda Miata (44.7 percent) and the Saab 93 (44.7 percent).
 

Martin Boyer deflects unemployment claims

November 22, 2010

One hundred fifteen CATA dealer members reported a combined 457 unemployment claims to the Martin Boyer Co. during the second quarter of 2004. The company's efforts saved those dealers a total of $975,910 in benefits by contesting the claims. Martin Boyer monitors any unemployment claims against its clients. About 200 CATA dealers are clients of the company. Claims that can be protested and subsequently denied help minimize an employer's unemployment tax rate. The rate can vary between .06 percent and 6.8 percent of each employee's first $9,000 of earnings. The average unemployment tax rate among Illinois employers is 3.1 percent, or $279 annually. "The unemployment tax is really the only controllable tax, in that it's experience- driven," said Paul Schardt, senior vice president of Martin Boyer. An ex-employee's claim affects the employer's tax rate for three years. Client fees amount to $2.10 per employee, per fiscal quarter. For the fee, Martin Boyer monitors all unemployment claims, files any appeals, represents the client at any hearings, verifies the benefit charge statements and confirms the client's unemployment tax rate. Martin Boyer has represented CATA members since 1979. To discuss retaining the company, call Schardt at 312- 381-8241.
 
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