GW Blog

The California Consumer Privacy Act, or CCPA, expands the rights of consumers have regarding their personal information, how it’s used and how it’s store. The CCPA was signed into law on June 28, 2018. While it likely won’t take effect until summer of 2020, you should start familiarizing yourself now. Even if you aren’t in California it will likely set a precedent, so expect to see similar laws being passed all over the country. New York already has one in the works. Plus if any of your customers live in California, then you may be subject to the law.

As the auto industry comes down off if its sales high, the first quarter is looking like it will continue on the declining trend. Everyone is feeling the effects, but one brand might be impacted more than others: Tesla. Founded in 2003, the young automaker is facing lots of problems, and some believe it may lead to the brand’s demise. While the numbers speak for themselves, the premature release of the new Model 3 is a further sign of a company in trouble. In fact, it has been released months ahead of schedule.

Keeping an eye on expenses is critical to maintaining profitability in the future. The retail automotive industry is resilient and extremely resourceful when it comes to navigating economic barriers and trends. Walking the path to profitability can be an easier road by implementing simple strategies to maximize profit. Three simple steps to consider:

Marchionne, a brilliant mind was lost this past week. He has been credited with engineering one of the biggest audibles in the automative realm to save both Fiat and Chrysler. His charisma and drive certainly were displayed often throughout his career. Sergio started out as a young Italian immigrant to then sky-rocket to success seemingly out of no where.