In an ongoing effort to gather information about consumer protection issues related to auto lending and leasing, the Federal Trade Commission will hold its third Vehicle Finance Roundtable on Nov. 17 in Washington, D.C.
The event will take place at the FTC Conference Center, from 8:30 a.m. to 4:45 p.m. Though the agenda has not yet been finalized, topics for the third roundtable will include motor vehicle leasing, among other issues. Previous roundtables, held in Detroit and San Antonio, focused on fair lending and military finance.
Once finalized, the agenda and live webcast of the event can be accessed here.
Today’s job report puts unemployment at a sobering 8.1%, not by year end but today. This staggering number isn’t encouraging for anyone, and even though such truths have to be faced, I feel like the announcement will only further hurt consumer confidence, which will in turn hurt sales, which of course will force more job losses.
At some point we have to reach a psychological point where people say “I simply can’t expend any more energy on worrying about my job, and I can’t wait any longer to replace my vehicle.” I can only hope we’re closing in on that.