Discussions ranged from Dealers and OEMs: Creating partnerships for profitability to unlocking the value of digitalisation in the vehicle remarketing space.
Amsterdam – January 24-25, 2018
INDICATA recently participated as part of the Autorola Group at the European Networking Group Vehicle Remarketing event in Amsterdam on 24-25th January 2018.
The event was well attended by a mix of vehicle manufacturers, leasing companies, financial institutions, and various service providers to the used car sector. Discussions ranged from Dealers and OEMs: Creating partnerships for profitability to unlocking the value of digitalisation in the vehicle remarketing space.
Brian Madsen, Director of Autorola Scandinavia and Global Accounts presented his topic on the European markets to watch for maximum opportunities. Interestingly, he highlighted the opportunities created by the new norms of working in the digital age and how using big data, that is provided in real time, can achieve better returns.
Our key takeaways from attending this event were:
— to create value for every stakeholder across the entire used vehicle life cycle and value chain,
— realise the value of digitalisation in remarketing used vehicles: from e-commerce to process workflows and e-auctions,
— continue to network, to discuss, debate and engage in meaningful dialogue with other players in this industry.
The event was a good opportunity to network, listen, learn and discuss key challenges, opportunities and future trends affecting the vehicle remarketing or shall we say, ‘used car’ sector across Europe.
Download a copy of Brian’s presentation here.
INDICATA brings a unique solution to the market, improving profitability in used vehicle operations and protecting residual values in the automotive industry and in aligned sectors. The real-time business intelligence solution collects, processes and analyses live used car market data to provide insights on market dynamics including demand, supply, pricing, inventories, etc. INDICATA is a web based platform that monitors all used cars currently for sale in a market by automatically gathering data in real-time from online sources such as classified websites, OEM websites, dealer websites and used car retailer websites.
INDICATA’s web based dashboards provide real-time KPIs, reports and analysis. These insights enable customers such as car manufacturers, importers, dealers, fleet owners, rental companies, banks and insurance companies to instantly measure their market position and to effortlessly monitor the performance of their networks. Additionally, users of INDICATA can easily manage supply and demand for their stock as well as plan strategies and tactics to protect residual value and improve sales. Against a backdrop of ever changing market conditions, INDICATA delivers the insights to optimise used vehicle prices and to proactively manage risks.
About Autorola Group
Autorola Group is a global leader in online remarketing and automotive IT solutions for used vehicles and professional fleet management headquartered in Denmark. The company has currently approximately 360 employees and subsidiaries in 19 countries across Europe, North America, Latin America and Asia-Pacific.