Inaugural Compliance Summit a Hit
HOLLYWOOD, Fla. — Organizers of Compliance Summit 2014 announced that the inaugural event drew a large, engaged crowd to the Seminole Hard Rock Hotel and Casino in Hollywood, Fla., this week.
David Gesualdo, show chair and publisher of Auto Dealer Monthly and F&I and Showroom, said interest in the Florida conference, which will be followed by events in the South, Midwest and West in 2015, exceeded all expectations.
“We had confidence in the regional model, our agenda, our speakers and the high number of early registrations, despite just a few weeks’ worth of advance marketing,” Gesualdo said. “We could not have anticipated the number of onsite registrants, nor the high levels of energy and interaction we saw from the entire group. The speakers and attendees showed up, rolled up their sleeves and got to work. It was inspiring.”
Compliance Summit began Monday afternoon and concluded with a reception on Tuesday evening. The agenda covered front-end compliance issues specific to the state of Florida as well as a comprehensive review of rules, regulations and recent actions from the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB). Speakers included attorneys, dealership personnel, agents and trainers, as well as Ted Smith, president of the Florida Automobile Dealers Association (FADA).
“The speakers were very good and the attendees took home a myriad of information and best practices,” said Smith, who presented “Barbarians at Your Gate,” a stirring luncheon keynote he delivered on Tuesday afternoon.
Organizers said the next regional event will likely be held in Texas early next year. Stay tuned to ComplianceSummit.com for updates on the 2015 events.
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →