As the UK’s largest leasing company, Lex Autolease, announces a new five year remarketing deal with BCA, Managing Director Richard Jones raises questions about the problem of establishing residual values for electric vehicles.
The Conference of Automotive Remarketing will be among the first wave of in-person events since the start of the pandemic.
Cox Automotive Europe, the world-leasing automotive services operation, has created a new Sales Director role and appointed Sam Watkins to the position, effective June 7, 2021. Watkins, who after two years has recently stepped down as Chair of the Vehicle Remarketing Association (VRA), will report to James Leese, Chief Customer Officer for Cox Automotive Europe.
Affordability remains worse than a year ago when prices were lower, incentives were higher and CARES Act payments boosted incomes.
The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
Mark Ford caps a 33-year successful career while Chad Spearman and Danielle Sweet move up to auction manager posts.
Attendees to the Conference of Automotive Remarketing will learn how they can gain more professional expertise and knowledge.
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
On a year-over-year basis, all major market segments saw seasonally adjusted price increases in April.
Velocicast technology fortifies simulcast capabilities and enhances customer experience.
Vehicle Transport simplifies complex logistics management, enables time and cost efficiency, and reduces risk automakers, dealers and fleets.
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
Figures remain down 16% from year-ago level.
The automotive services provider Cox Automotive announced May 4, 2021 that it is expanding operations into Germany by acquiring pkwNOW, a dealer-to-dealer (D2D) online auction platform.Fitting pkwNOW into the company’s extensive brand portfolio will help Cox Automotive increase its European presence, says the firm and increase sold car volumes in Germany.
The emergence of electric vehicles will be among the many top trends to be explored at the Conference of Automotive Remarketing June 15-17 that will be in-person and online.
The 2019 International Automotive Remarketers Alliance (IARA) Spring Roundtable was co-located with the 2019 Conference of Automotive Remarketing at the Caesars Palace Las Vegas.
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