As we publish our final group newsletter of 2022, I like to look back at what we have achieved across the group and what lies ahead for the future. 2022 has been a very rewarding year as each of our business units has achieved success individually as well as working together to provide integrated remarketing solutions for clients.

Collaborating closely with customers

There is no more proof of this than the contracts we were awarded by the BMW Group and smart Europe GmbH – it was a great example of our teams listening to the customers’ needs and then working together to build and roll out bespoke solutions.

The Autorola Solutions team has had a record year with more companies than ever before engaging it to review and modernise its vehicle asset management processes. We hear more about how dealers, OEMs and vehicle asset owners are investing in our Fleet Monitor platform to improve used stock visibility to improve the online customer journey and reduce stocking days. This includes upstream selling.

Managing challenges together

With the global new and used car markets set to serve up further new challenges during 2023 and beyond we will be there to listen and help and support OEMs, dealer groups, banks, and rental and leasing companies to manage those challenges together.

This was a major theme at our Autorola Group manager’s conference. Colleagues from our 19 subsidiaries came together for the first time since 2019 to discuss how to work more closely together to resolve our customers’ remarketing and vehicle asset management challenges.

We can guarantee that the growth in new and used EV sales will continue and our INDICATA Market Watch report has provided valuable insights into these trends. We have reviewed the past 12 months to look at how the European used market has responded to EVs including the top-selling and fastest-selling models.

New partnership in the UAE

This comes at a time when we have extended our group’s reach into the UAE with an exciting new partnership with Al-Futtaim Automotive. It gives us our first presence in the UAE and we look forward to working with Al-Futtaim to transform the face of vehicle remarketing across the region.

Expansion into the UAE brings a rewarding 2022 to a close and as we approach the festive season, we wish all our colleagues, customers, and friends a safe and restful Christmas and New Year before moving into an exciting 2023.

I wish you all a Merry Christmas and a Happy New Year.

Best regards
Peter Grøftehauge (LinkedIn)