Pub. 2 Issue 2

5 SUMMER 2014 Executive Director’s MESSAGE A s we move through summer here in Southern California, the automobile business con- tinues to be strong with new vehicle registrations up 10.3% for the first six months of this year versus a year earlier. Experts forecast an increase of 5% in the second half of 2014 versus 2013. Sales figures look to exceed 2007 year end numbers, continuing the recovery from the financial crisis of 2008 and 2009. GLANCDA continues its support and promotion of the Los Angeles Auto Show, and has great ex- pectations for the 2015 show, which kicks off on Nov. 18. This year will prove to have record break- ing numbers of new vehicle debuts, which should continue to bolster sales figures for local dealers. We encourage all dealers to renew their GLANCDA membership to take advantage of the wonderful complimentary ticket package that comes exclusively to GLANCDA members! Upcoming workshops in September include Dealer Digital, and Cashier and Receptionist phone training. These valuable yet affordable off-site events provide dealerships a means of getting employ- ees the best training possible. Please consider these off-site opportunities as they become available. We continue our advocacy efforts for all our dealer members! We are proud of our accomplishments on a local, state, and national level with our affiliate associations (CNCDA, NADA). We will have a small delegation travelling to Washington DC to discuss with our elected officials some matters that have an impact on the franchise system, and dealership operations. The biggest items continue to revolve around Factory Direct Sales, Vehicle Safety Recalls, and Dealer assisted financing. We remain committed to serving our members’ interests, and keeping our collective voice heard by legislators and regulators. We welcome any phone calls to discuss these matters in detail, and get input and feedback as well.  Kind regards, Bob Smith Bob Smith GREATER LOS ANGELES NEW CAR DEALERS ASSOCIATION GLANCDA Supports the Los Angeles Auto Show