Introduction from Peter Grøftehauge
Welcome to the late summer/early Autumn version of our group newsletter at a time when the used markets in all countries are thriving with strong buyers and strong prices.
There remains a shortage of three and four-year old stock caused by the Covid supply new car supply problems of 2022. In this type of market vendors must rely on data more and more to make sure they do not sell their used vehicles too cheaply.
Edwin Acosta Burga, who heads up our Indicata fleet sales, is having more conversations with fleet vendors who want supportive used vehicle data to help them make more strategic decisions.
They like the fact that we are a data company that also sells used vehicles globally across our Marketplace auction platform. That gives us a very strong differentiation.
Hertz New Zealand has adopted our eRepair platform to modernise its damage management processes and to align it with our systems already in use in Australia. In an exclusive case study, the team share with us how the platform is helping support their business efficiencies.
Indicata’s Global Business Unit Director Andy Shields has conducted comprehensive research recently into OEMs and their used car programmes by analysing 73 franchised networks across 12 countries. We share the findings which make for interesting reading and make some suggestions on how these programmes can be run most efficiently.
With AI becoming more of an integral part of our business lives we have used the technology to help launch an exciting new podcast channel called Automotive Insights. The podcast brings our group’s wide range of products and services to life in an informative and interactive way. Check out the podcast which is available across a number of different channels.
Also, we just concluded our annual ALG (Autorola Leader Group) conference, which this year took place in Malmö, Sweden. Over the course of three days, leaders from 22 countries and our HQ came together to shape the strategic direction of Autorola for the next five years. The energy and commitment from all participants were outstanding, with a shared focus on ensuring that we continue to deliver relevant products and services that support our customers’ efficiency across the entire remarketing value chain.
And for those going to the Fleet Europe Remarketing Summit in October as an official sponsor we look forward to seeing you in Luxembourg.
Best regards
Peter









