Welcome to the Autorola Group newsletter.
While 2022 has so far been a year of automotive challenges and economic pressures on a global scale, it has been a year of strong and steady growth for Autorola.
Delivering strong results for our customers
As a group, we have expanded our business not only through new contracts with major global brands, but also the cross selling of products and services to existing clients, both of which have delivered strong results.
As ever, we publish the latest INDICATA Market Watch report, which gives our latest insights and data into how the used car market is responding to the lack of stock volume.
Overall, the market remains stable but used car inflation is beginning to slow down across Europe. Prices are softening across Europe and can be seen as a sign that some balance is returning to the market after two years of high prices.
To read more about these trends, look at the full report below.
Autorola Turkey and Australia continue to grow
This month, we have interviewed with Asli Göker, Deputy General Manager of the territory. Autorola Turkey has has a period of strong growth, thanks to the signing of several major new contracts in the region, and the launch of Autocom, which facilitates used vehicles sales in B2B, B2C and C2B transactions. Read more about how Autorola Turkey has driven growth against a background of used car inflation above 100% in the full article below.
Philip Browne is Autorola Australia’s country manager, and his team has come out of the pandemic with valuable new contracts with the rental industry as well as offering a unique upstream selling proposition to fleets. Read more about Australia’s success story in our interview with Philip Browne below.
New remarketing contract with the BMW Group
Finally, I am delighted to report that we have announced a new, four-year European remarketing contract with the BMW Group. This sees Autorola working with BMW and MINI dealers across Europe to optimise used car values and stock availability via our dedicated wholesale platform. To read more about this exciting new contract see the article below.
I hope you enjoy the newsletter.
Peter Grøftehauge (LinkedIn)