Pub. 11 2022-2023 Issue 3

The past two years have seen auto retailers adapt to limited vehicle inventory and pandemic restrictions while driving profits to new heights. Now dealers face rising interest rates — a critical concern for an industry that relies on capital to fund operations and growth. For some, it’s time for a balance sheet review and risk

One of the significant challenges of running any automotive dealership is moderating expenses. General managers and dealer principals are responsible for controlling many costs, including payroll, vehicle inventory, floorplan and parts inventory. Monthly bills add up, and there is less revenue to put toward necessary resources. A major opportunity for expense control may be the

The Clean Cars 4 All (CC4A) Program was recently introduced from the Air Pollution Control District of San Diego County. CC4A provides monetary incentives of up to $12,000 to lower-income drivers living in disadvantaged communities who retire and scrap their older, high-polluting vehicles and then purchase new or used low-emitting (cleaner) vehicles. Local dealerships who

As of Jan. 1, 2022, the hazardous waste Generator Fee has been repealed and replaced with a new Hazardous Waste Generation and Handling (GH) fee. Prior to Jan. 1, 2022, the hazardous waste generator fee was imposed on a tiered category basis. The state of California sent out the special notices on GH in December

Pictured above from L to R: El Cajon Ford’s Paul Dyke, Assemblymember Chris Ward, NCDA President Dean Mansfield, Team Kia/Mazda/Hyundai’s Chris George and Courtesy Chevrolet’s Justin True CNCDA’s annual Dealer Day event is a once-a-year opportunity for San Diego County’s new car dealers to meet directly with key legislators in exclusive meetings and at social

Leverage forward-thinking insurance solutions to reduce your costs and boost your dealership’s recruiting efforts. The health insurance industry is seeing some of the highest renewal increases in recent history. Has your broker shown you alternative funding options and financials to reduce costs while maintaining the highest level of coverage for your employees? The Great Resignation

Given the myriad of ways artificial intelligence is now being used to streamline business processes, it’s no surprise that federal agencies are scrutinizing potential employment-related biases that can arise from using artificial intelligence (AI) and algorithms in the workplace. Indeed, the Equal Employment Opportunity Commission (EEOC) Chair Charlotte Burrows recently called AI advancements a “new

For many motorists in San Diego County, a broken taillight or turn signal can mean choosing between an auto repair or buying groceries for their families. It can also spark a downward economic spiral that could lead to multiple tickets, confrontations with law enforcement, and even vehicle impoundment. Lights On! disrupts that downward spiral and

With the proliferation of consumer personal data laws and cookie consent banners, the Federal Trade Commission (FTC) is ramping up its crusade against businesses in the name of consumer protection by wielding its very broad authority under Section 5 of the FTC Act. Section 5 prohibits “unfair or deceptive acts or practices in or affecting