As I have said many times before accurate, meaningful, real-time data is the key in ensuring success within the remarketing sector. Therefore, we are delighted to announce the combining of our Fleet Monitor asset workflow management system with INDICATA, our real time used market insights platform. This integration takes used car valuation to the next level, with real time valuations based on actual vehicles from multiple countries, enabling true cross market comparison of vehicle valuations.
As several of the data driven insights featured within this newsletter highlight, the global vehicle remarketing sector continues to be diverse with certain brands, powertrain types and vehicle specifications in more demand than others regionally. Our combined system allows used car asset owners to look at the most profitable country and sales channel to dispose of the different types of used cars on their fleet, ultimately helping optimise profits and reduce stocking days.
This global data and insight also allow us to proactively introduce products and services regionally to satisfy specific market demand, examples of which include Autorola Belgium’s guaranteed takeover bid protocol; car dealers in the Netherlands utilising INDICATA; and Autorola Denmark partnering with Autolease – all of which are highlighted here.
These initiatives are more examples of how listening to our customers, combining it with our global data insights and then proactively providing solutions is core to our philosophy in supporting our business partners.
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