Every year, the biggest names in retail automotive gather at the J.D. Power Auto Summit to share their expertise, unveil forecasts, and talk about what’s to come. In today’s episode of CBT Now, we’re joined by Doug Betts, the president of the Global Automotive Division at J.D. Power, to share what dealers can look forward to.
J.D. Power offers an extensive collection of insightful data and delivers benchmark analytics that industry leaders use to boost their business success.
This year, the Summit will occur in New Orleans, Louisiana, on January 23 during the NADA Show. This event is a must-attend for anyone who has a vested interest in the automotive industry.
Additionally, the summit is a platform to explore industry trends, share data insights, and forecast future developments. It will feature presentations from some of the industry’s most prestigious leaders from brands such as Mercedez, Nissan Americas, and Kia.
While there will be a plethora of panels, there are several hot topics that will be discussed, including brand-specific strategies, the global pursuit to transition to electric vehicles (EVs), forecasts for 2025, and more.
However, one of the most intriguing presentations that Betts encourages everyone to attend is the presentation about artificial intelligence (AI). The presentation will discuss how leaders can utilize AI within the automotive industry and how machine learning and large language models impact unstructured data analysis.
The J.D. Power Auto Summit will offer unparalleled opportunities for industry leaders to stay ahead of industry trends and challenges. Anyone who has a vested interest in the automotive industry should be sure to register for their spot and mark their calendars for the event.
"Anybody who has a stake in the automotive industry and wants to see how they can change what they're doing in order to make their business more successful [should attend the summit]." – Doug Betts