The challenges facing the remarketing sector in 2020 is the subject of a major, free seminar that has been announced by the Vehicle Remarketing Association, which represents businesses who move 1.5 million used vehicles every year.
“2020 Vision” will take a wide-ranging look at issues likely to affect the used car and van markets next year, ranging from a possible recession and Brexit through to the latest in online retailing and dealer margins, as well as examining future mobility and consumer behaviour.
The one day event, which is sponsored by Cazana, will take place at The Slate, Warwick University on Wednesday 27 November, and there are free places for up to 150 delegates. Registration is available at bit.ly/vra2711 to anyone who works in the automotive sector.
Sam Watkins, chair at the VRA, said, “It is no exaggeration to say that the factors being faced by the remarketing sector into the next year are unprecedented in their scope and scale.
“At a macroeconomic level, we have the highly unpredictable effects of Brexit, at a vehicle level we have electric cars starting to arrive in the sector in larger numbers, while in retailing we have everything from increased online presence through to mobility solutions.
“Taken together, these subjects could bring about genuinely structural changes to remarketing. What we will be doing is looking at the picture in a format that is designed to be fast and informative, providing as much information as possible within a day to our members and other delegates ranging from fleets to manufacturers and dealers to leasing companies.”
He added that the event was very much designed to underline the importance of the role of the VRA and its increasing relevance within remarketing.