Pub. 5 Issue 1

1 Issue 1 2019 GLANCDA BOARD OF DIRECTORS 28 15 714 West Olympic Blvd., Suite 601 Los Angeles, CA 90015 O: 213-748-0240 | F: 213-748-0242 PRESIDENT: David Ellis Ellis Family Dealerships VICE PRESIDENT: Howard Tenenbaum Keyes Automotive Group SECRETARY/TREASURER: Jeanne Brewer Glendale Acura IMMEDIATE PAST PRESIDENT: Pete Smith Sierra Automotive Group EXECUTIVE DIRECTOR: Bob Smith DIRECTORS: Cheri Fleming Greg Bozzani Ian Thomas Darryl Holter John Symes Tim Smith Peter Smith Bert Boeckmann Peter Hoffman Originally founded in 1907, the Greater Los Angeles New Car Dealers Association provides valuable edu - cational and philanthropic benefits to the Los Angeles Community. The Association believes that involvement with local charitable organizations makes a positive difference for everyone involved We are GLANCDA Scan this codewith your smart phone to learnmore ©2019 Greater Los Angeles New Car Dealers Association |The newsLINK Group, LLC. All rights reserved. Los Angeles Dealer is published three times each year byThe newsLINK Group, LLC for GLANCDA and is the official publication for this association.The information contained in this publication is intended to provide general information for review, consideration and dealer education.The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances.The statementsandopinionsexpressed in thispublicationare thoseof the individualauthorsanddonotnecessarily represent theviewsofGLANCDA, itsboardofdirectors,or thepublisher.Likewise, theappearanceofadvertisementswithin thispublicationdoesnot constituteanendorsementor recommendationofanyproductorserviceadvertised. LosAngelesDealer isacollectiveworkandassuchsomearticlesaresubmittedbyauthors thatare independentofGLANCDA.WhileGLANCDAencouragesafirstprintpolicy, incaseswhere this isnotpossible, everyefforthasbeenmade to complywithanyknown reprintguidelinesor restrictions.Contentmaynotbe reproducedor reprintedwithoutpriorwrittenpermission.For further information,please contact thepublisherat:855.747.4003. 2 | President’s Message 4 | Is the Sky Falling for the Buy/Sell Market? We Don’t Think So 8 | GLANCDA’s Annual Luncheon 10 | Automobility Convention Registration 12 | Dealerships and Automotive Compliance 14 | California Used Oil Recycling Program 15 | Glancda’s Role In Addressing The Shortage Of Automotive Technicians 18 | Let The River Flow… Navigating Used Vehicle Inventory Management! 20 | Auto Retailer Stocks Up Sharply in June 22 | The Kerrigan Auto Retail Index 25 | Ask Alison 26 | GLANCDA Membership Renewal Form 28 | Abandon Auto Shows at Your Own Peril 30 | Data Privacy Compliance and CCPA 31 | A Strategic Approach to Complying with the CCPA