Pub. 11 2024 Issue 2

Originally founded in 1907, the Greater Los Angeles New Car Dealers Association provides valuable educational and philanthropic benefits to the Los Angeles Community. The association believes that involvement with local charitable organizations makes a positive difference for everyone involved. ©2024 Greater Los Angeles New Car Dealers Association | The newsLINK Group LLC. All rights reserved. Los Angeles Dealer is published four times each year by The 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 statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of GLANCDA, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Los Angeles Dealer is a collective work, and as such, some articles are submitted by authors who are independent of GLANCDA. While GLANCDA encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. PRESIDENT Howard Tenenbaum Keyes Automotive Group VICE PRESIDENT Jeanne Brewer Acura of Glendale SECRETARY/TREASURER Evan Ellis Fiat and Alfa Romeo of Glendale IMMEDIATE PAST PRESIDENT David Ellis Ellis Family Stores - Glendale GLANCDA DIRECTORS Tim Smith Pete Smith Ian Thomas Robb Hernandez Brad Mugg Rinaldi Halim Charles Ma Peter Browning 06 | President’s Message Membership in GLANCDA Is a No-Brainer! By Howard Tenenbaum, President, GLANCDA, Keyes Automotive Group 08 | Unlocking the Full Potential of Your Dealership The Indispensable Benefits of GLANCDA Membership By Howard Tenenbaum, President, GLANCDA, Keyes Automotive Group 11 | Los Angeles Auto Outlook 12 | Q1 Achievements and Milestones 14 | High School Automotive Competition 16 | GLANCDA Annual Luncheon 18 | Manning Leaver Legal Lane Dealership Vendor Agreements Roadmap By Joseph Berberich, Manning, Leaver, Bruder & Berberich LLP 23 | Ask Alison Is Your Dealership Compliant? By Alison McCallum, EPIC Insurance Brokers and Consultants 24 | Automotive Buy-Sell Market — As Hot as EVER! By Jayson Crouch, Managing Director, Haig Partners 26 | Climbing the Automotive Industry Ladder of Success By Sharon Kitzman, Dominion DMS GLANCDA BOARD OF DIRECTORS 700 N. Central Ave., Ste. 320 Glendale, CA 91203 (213) 748-0243 | fax (213) 748-0245 We are GLANCDA 4

RkJQdWJsaXNoZXIy MTg3NDExNQ==