17 Mar 22

Has used-car supply dried up forever? The Remarketing Expert Track has the answer

Used-car supply has been low for a long while now, with dramatic effects on the remarketing industry. Why exactly is this? How long will it last? And what can remarketers do meanwhile to keep their business profitable? For the answers, to those questions and more: join the online Remarketing Expert Track on 28 April.

Never before, it seems, have used-car stocks been so low and used-car prices so high. Of course we know the cause, or at least its outlines: the semiconductor shortage limited the supply of new vehicles, which inevitably led to a surge in demand for used ones. 

Changed forever?

But what if the change runs deeper than a temporary shortage? What if the market has changed forever? 

Under the heading ‘Remarketing Expert Track’, Fleet Europe organises a series of master classes focusing on the nuts and bolts of the used-vehicle trade in a European context. The next fascinating virtual session on this complex industry will take place on 28 April, from 1 pm to 5 pm (CET). The title says it all: Limited used-car supply: Will it ever change?

Attendance is free, but registration is required. Attendees will have the opportunity to put their questions to the speakers and panelists. Why should you attend? Because this is where the remarketing industry’s sharpest minds and wisest experts exchange information – and as in any walk of life, so it is in remarketing: knowledge is power. (Or rather, in this case: potential profit).

Event topics

Still not convinced? Here’s a short overview of the event’s topics (and speakers where confirmed).

  • The semiconductor outlook

The shortage in semiconductor chips has had a strong impact on many industries, not least Automotive. How long will it last?

  • Have sales channels changed drastically?

Due to supply problems, OEMs have changed how they allocate vehicles or changed their segment and channel mix. What’s the data on this?

(Marc Odinius, CEO Dataforce)

  • Key changes in OEM business models

For OEMs, limited supply isn’t all bad: it creates a better balance between volume and profit. So, is this the new normal? 

(Steve Young, Managing Director ICDP)

  • How will changes influence used-car supply?

New brands and trends are emerging. Will they have an impact on used-car supply, not to mention the wider remarketing culture?

(Philip Nothard, Insight & Strategy Director at Cox Automotive International)

  • How do fleets handle supply shortages? 

First-person insight into how large fleets can handle vehicle supply shortages, and how they impact fleet operators.

The session will close with a panel discussion animated by the speakers, on the topic of the day.

Additionally, event sponsor Tchek will offer a thought leadership presentation on the topic of the session. Event moderator will be Fleet Europe remarketing Expert Johan Verbois.

The Remarketing Expert Track on Limited used-car supply: Will it ever change? will take place on 28 April 2021, from 1 pm to 5 pm. Attendance to the virtual event is free, but registration is required. Register now!

Authored by: Frank Jacobs