Pub. 3 Issue 3

4 www.glancda.org GLANCDA BOARD OF DIRECTORS 10 19 714 West Olympic Blvd., Suite 601 Los Angeles, CA 90015 [O] 213-748-0240 | [F] 213-748-0242 PRESIDENT: Pete Smith Bob Smith Toyota Scion VICE PRESIDENT: Fritz Hitchcock Hitchcock Automotive Resources TREASURER/SECRETARY: David Ellis David Ellis Chrysler Jeep Glendale Dodge, LLC FIAT of Glendale IMMEDIATE PAST PRESIDENT: Ian Thomas Thomas Acura EXECUTIVE DIRECTOR: Bob Smith DIRECTORS: Bert Boeckmann Peter Hoffman Tom Hoffman Darryl Holter Tim Smith Michael Sullivan John Symes Howard Tenenbaum ©2015GreaterLosAngelesNewCarDealersAssociation |ThenewsLINKGroup,LLC.All rights reserved. LosAngelesDealer ispublished three timeseachyearbyThenewsLINK Group,LLC for theGLANCDAand is theo cialpublication for thisassociation.The information contained in thispublication is intended toprovidegeneral information for reviewand consideration.The contentsdonot constitute legaladviceand shouldnotbe reliedonas such. Ifyouneed legaladviceorassistance, it is strongly recommended that you contactanattorneyas toyour speci c circumstances.The statementsandopinionsexpressed in thispublicationare thoseof the individualauthorsanddonotnecessarily represent theviewsofGLANCDA, itsboardofdirectors,or thepublisher.Likewise, theappearanceofadvertisementswithin thispublicationdoesnot constituteanendorsement or recommendationofanyproductor servicedadvertised. LosAngelesDealer isa collectiveworkandas such somearticlesare submittedbyauthors thatare independentof GLANCDA.While LosAngelesDealer encouragesa rstprintpolicy, in caseswhere this isnotpossible,everye orthasbeenmade to complywithanyknown reprintguidelinesor restrictions.Contentmaynotbe reproducedor reprintedwithoutpriorwrittenpermission.For further information,please contact thepublisherat:855-747-4003. Originally founded in 1907, the Greater Los Angeles New Car Dealers Association provides valuable educational and philanthropic ben- efits to the Los Angeles Community. The Association believes that involvement with local charitable organizations makes a positive difference for everyone involved 6 | Executive Director’s Message 10 | Overview of 2015 Los Angeles Auto Show 14 | Dealer Alert 19 | Family Enterprises 22 | Los Angeles Auto Outlook 26 | GLANCDA Contributes to Optimist Youth Homes and Family Services 26 | Bob Smith Appears on CNBC’s Power Lunch 27 | Auto Conference LA Wrap-Up 28 | Dealers Play Key Role in Recall Completion Rate Study Says 29 | Driving California’s Economy