Introduction from Peter Grøftehauge
Since our February group newsletter, we have seen an unprecedented change in the economic climate caused by Coronavirus.
All our subsidiaries have reported a change in market dynamics while our global online remarketing portal, which hosts auctions in 24 countries, continues to support both vendors and buyers with their used vehicle businesses.
Download our free Covid-19 White Paper
Our INDICATA business unit is the global leader in real time used vehicle pricing and market analysis. It has used its Big Data and market knowledge to publish a free-to-download White Paper to help provide you all with a wider view on how the used vehicle markets are changing in Europe and are being affected daily by the virus.
By using its real time pricing data generated from tracking 9m online used car adverts daily across Europe the White Paper provides a country-by-country overview of how sales have been affected at various stages of the pandemic.
This data and analysis will help support you in making more informed business decisions over the coming days and weeks.
It gives businesses a more strategic overview of the used market on a Medium-Case, Best-Case and Worst-Case scenario, sector by sector (dealers, OEMs, contract hire and daily rental) with recommendations on how to combat these challenges.
We have provided a snapshot of the White Paper in this newsletter, but please feel free to download the document in full. We hope you find it useful and we aim to provide you with regular data used car industry updates during this global pandemic.
Download the White Paper here: www.indicata.com/corona
We hope you and your businesses stay healthy over the coming weeks.
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