CONTENTS DECEMBER 2022

6 A BLUEPRINT FOR SAFEGUARDS COMPLIANCE

There are many necessary elements to compliance, and it is unlikely that any one company does all those functions with its own forces.

2 WSIADA PRESIDENT: FTC ON DATA BREACHES AND CYBERATTACKS What auto dealers must know and do to safeguard the security of customer information

2 EVENTS CALENDAR

4 WSIADA EXECUTIVE DIRECTOR: ELECTIONS, THE MOST IMPORTANT ELECTIONS ARE THE LOCAL RACES; YOUR VOTE REALLY MATTERS! The polling data indicates that the Democrats will hold onto narrow margins in this state in both legislative houses, while the Republicans are poised to take the House and Senate at the federal level.

10 WHY ONE-MAN DEALERSHIPS NEED A CRM AS MUCH AS THE BIG GUYS

12 YOU AREN’T DOING ENOUGH TO PREVENT FRAUD Dealers need to implement what’s now considered everyday technology that can help them spot synthetic identity fraud before it happens.

14 HOW HAS COVID-19 IMPACTED THE DEALERSHIPS’ BOTTOM LINE?

The outbreak of COVID-19 had a significant impact on the automotive industry.

16 CONTINUING EDUCATION –BURDEN OR OPPORTUNITY?

5 SUCCESSION PLANNING FOR DEALERS IN AN EVOLVING BUSINESS ENVIRONMENT

Initiating a succession plan will bring relief in clarifying your goals and creating strategies that maximize the value of your business and legacy.

Continuing to learn about your craft through classes, reading, or online research has proven, through multiple studies, to increase income and prevent losses through error.

13 AUCTION LISTING