As we come to the end of 2018 we cannot remember a year when the industry has changed so dramatically so quickly.
With the pressure on cities to reduce emissions and the quest to modernise the new car emission and fuel consumption testing procedures, many markets have fallen out of love with diesel cars.
These legislation changes have been responsible for used diesel demand falling in some countries and our MarketPlace director Morten Holmsten highlights in his article how Autorola has been at the heart of the import and export activity which is balancing supply and demand across Europe.
Used market is in good health
While some car makers still get to grips with the new WLTP legislation for new cars it’s clear the used market is generally in very good health which looks like continuing well into 2019. New car sales are falling in some countries and the industry automatically invests more time and money in buying and selling used cars.
2018 will see the group auction over 800,000 used cars online to buyers in 40 countries on behalf of over 1,700 vendors which is a record.
As more vendors and buyers embrace selling and buying used cars online we will get closer to one million vehicles in 2019. A huge landmark which would not be possible without the open mindedness of our customers.
We wish our friends, our colleagues and our clients a Merry Xmas and a Happy New Year and look forward to seeing you all at the ENG Remarketing conference in January.
Click here to get back to all News