|
AUTOMOTIVE
Are You Ready For A Changing Market?
CARS.com published research on how global conditions have transformed consumer car shopping experiences. The report surveyed in-market consumers from CARS.com's research panel, the Driver's Seat Community. Participants had to be in-market +/- six months and have acquired a vehicle within the last nine years. Host David Long and special guest Bradley Allred broke down the study's findings for the All Things Used Cars community. Read the recap here, or listen to a full replay on Clubhouse.
Riddle — “How do you read a consumer’s mind?” Cars.com: “ask ‘em?”
|
|
|
|
|
AUTOMOTIVE
FTC Announces Data Security Rules For Dealers
The FTC's Safeguards Rule has updated dealer guidelines for protecting customer data from breaches and cyberattacks. The new rule sets specific criteria, formal employee training, and third-party audit requirements to ensure a dealer and its vendors follow the guidelines.
Specifics? Many dealers will find they are already in compliance. The 2003 Gramm-Leach-Bliley Act designated dealers as financial institutions due to customer financing agreements.
All dealers will be required to:
- Perform a proper audit of internal and vendor systems
- Appoint a qualified individual to oversee information security
- Implement encryption and two-factor authentication systems
- Perform regular intrusion-detection tests
- Train all employees on the new measures.
Telling it like it is — Calling all lawyers-turned-tech-development vendors, Pitch Tank is about to be LITIGIOUS…
|
|
|
|
|
CLUBHOUSE
Wed. @ 10a EST Pitch Tank by Auto Genius
Fri. @ 9a EST All Things Used Cars
|
|
|
|
|
AUTOMOTIVE
Tesla Recalls 48K Vehicles
Tesla has issued a recall for 48K Model 3 Performances vehicles in the US. A report released Friday says some cars may not display their speedometer while in Track Mode. The recall covers cars from 2018 through 2022.
Telling it like it is — If Tesla just added ethernet cables to all their charging stations, we’d have this all taken care of.
|
|
|
|
|
TOGETHER WITH DIGITAL DEALER
Networking Road Trip Checklist
✅ US Road Atlas
✅ Two months off work
✅ 3,000 gallons of gas
✅ 3,000 gallons of coffee
🤨 Mouthwash
✅ List of 98 top dealer groups in the US...
OR you can go to Digital Dealer and accomplish way more in two and a half days! Register for Digital Realer now in Tampa, FL, May 9-11, for a networking opportunity nobody in automotive retail can ignore. With over 75 actionable sessions, powerful keynotes, and an expo hall full of innovative products to discover, there is no chance you will run out of things to see (especially with all the industry leaders you'll be meeting)!
Registration is open and now you can use code ASOTUDD for $300 off (Dealer & OEM tickets). Of course, you could always dust off the atlas...
|
|
|
|
|
NFT
Virtual Nikes Sell For $130K
Nike and virtual sneaker designer RTFKT (pronounced "artifact") launched their first NFT series a week ago. Since its launch, customers have spent $11M on the virtual sneakers.
Six-figures. A specifically rare pair of NFT sneakers in the set sold for $130K. The design accounts for only 98 of the 20,000 pairs of shoes and was designed by artist Takashi Murakami.
Telling it like it is — +14 Metaverse running speed unlocked
|
|
|
|
|
CULTURE
Airbnb Announces WFH Support
Brian Chesky, Airbnb CEO, and co-founder says all of the company's employees are free to live and work anywhere. The announcement comes as other companies pull back WFH options leading to some workers quitting.
Anywhere? Due to tax, payroll, and time zone complexities, many companies cannot provide this level of flexibility. Chesky said they hope to find an open-source way to resolve those issues long-term, but all workers can now live and work in 170 countries for 90 days a year without triggering any severe problems with the proposed model.
Telling it like it is — Airbnb: Working from (somebody’s) home friendly.
|
|
|
|
|
|
