NEWS

Welcome to the Autorola Group newsletter

Written by Autorola in category 
February 29, 2024



Welcome to our first newsletter of 2024.

Just like 2023 the conversation for everybody is how used BEVs are performing in the individual markets around the world. Visiting the recent ENG remarketing summit in Berlin we had many conversations about all aspects of used BEV trends in particular how cross border sales are helping balance the supply and demand of used BEVs.

In some countries demand is very strong while in other countries dealers and OEMs are looking to export used cars in a bid to make better profits above selling them in their home market.

Cross border trends

In this newsletter MarketPlace global director Morten Holmsten shares with us the conversations he had from ENG with the industry and his conclusion on how cross border is helping boost dealer used car profitability.

Our INDICATA global director Andy Shields and his team also attended ENG and they were discussing used BEV trends with summit attendees. They focussed on the oversupply of used Tesla cars in The Netherlands and how cross border activity helped feed surplus stock into Danish dealers where used BEVs are very popular.

Our latest Market Watch report tells us that sales of used BEVs are slowing up in Europe and hybrids have become more popular as drivers choose them as their first step towards zero emissions motoring. With car makers having to meet strict new BEV sales targets in 2024 it will be interesting to see what impact this had on the used markets.

Customised digital platform

Our Autorola Solutions business unit continues to go from strength to strength and we have published our first case study from Australia. The team has customised Our Fleet Monitor digital vehicle asset management platform to optimise the fleet management for rental company SIXT Australia.

The collaboration with SIXT AU has seen Autorola Solutions deliver a customised digital platform, with brand new features, to optimise its fleet management in a way that fits perfectly with their business model. Our platform is successfully helping SIXT optimise the management of its large diverse vehicle fleet.

Profile on Autorola Brazil

Another area of the global Autorola Group that is going from strength to strength is our Brazil business. We have interviewed country manager Marcelo Cabral de Barros who tells us more about how Autorola is playing a big part in the country’s used car supply chain.

With customers such as VW Financial Services, Toyota Bank, Porsche, BMW Group and Toyota Kinto already in place, with the launch of our MarketPlace remarketing platform and INDICATA’s used car pricing system, Brazil already looks set to perform well in 2024.


We hope you enjoy the latest edition of our newsletter and look forward to reporting more on how the MarketPlace, INDICATA and Solutions business units are supporting customers over the coming months.

 

Best regards
Peter Grøftehauge (LinkedIn)

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