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Road Notes - Takeaways from Used Car Week 2024

The article "Road Notes: Takeaways from Used Car Week 2023" on JDSupra discusses key insights from the Used Car Week conference held in Scottsdale, Arizona. It highlights the evolving dynamics of the used car market, focusing on the impact of economic conditions, consumer behavior shifts, and technological advancements. The conference covered topics like inventory management, where dealers discussed strategies for sourcing vehicles amidst supply chain disruptions. There was also a significant emphasis on digital retailing, with insights into how online platforms are transforming the car buying experience. Additionally, the article touches on regulatory updates, including discussions on the FTC's proposed changes to the Used Car Rule, which could affect how dealers advertise and sell vehicles. The event also explored the rise of electric vehicles (EVs) in the used car market, discussing challenges like battery life concerns and the need for specialized knowledge among dealers. Lastly, the conference provided networking opportunities, fostering partnerships and collaborations among industry stakeholders.

Read the Full JD Supra Article at:
[ https://www.jdsupra.com/legalnews/road-notes-takeaways-from-used-car-week-7786289/ ]