CAR 2023: Amid so much change on so many industry fronts, remarketers need to discern the main drivers that are transforming daily operations
Hear the latest digital trend insights from two industry executives at CAR on Thursday, March 30 at 10:45 am.
Graphic: Bobit / Photos: Cox Automotive
This year’s Conference of Automotive Remarketing offers at least one session to prioritize those industry trends and shifts that matter most.
Two experts who work on the cutting edge of remarketing advances will delve into how consignors and auctions can embrace and adjust to new technologies, digital realities, and new products and services.
Zach Hallowell serves as vice president for Manheim Digital Marketplace and RMS Automotive where he directs and coordinates the overall domestic and global operational activities for digital channels — OVE, Manheim.com and Simulcast as well as OEM-specific marketplaces, along with RMS Automotive and its global business. Pete Grupposo serves as senior vice president of sales for Cox Automotive Inc., where he oversees the commercial sales, dealer sales, and market insights teams for Manheim and NextGear Capital. He brings 18 years of experience and leadership in automotive, working with dealers and large commercial clients.
The concurrent session takes place on Thursday, March 30 at 10:45 am in the CAR conference area at Caesars Palace Las Vegas.
Among the leading topics Hallowell and Grupposo will analyze: How buyer behavior is adjusting to vehicle inventory shortages; the growth in assurance products; more accurate vehicle condition reports; and the constant rapid evolution of digital tools, resources and transactions.
"The market has been on fire but it is slowing down,” Grupposo said. “Commercial consigners need to know how to adapt. So far, 2022 has provided a clear guide on what not acting fast can do.”
The panelists are seeing digital transformations in the consignor-auction transaction chain firsthand as the number of vehicles acquired and sold online increases faster each year.
The Conference of Automotive Remarketing, held in partnership with the International Automotive Remarketers Alliance and the National Auto Auction Association, takes place March 28-30 at Caesars Palace Las Vegas, and includes a full agenda and exhibit hall spanning consignment, auction operations, industry economics and politics, auto transport, electric vehicles, digital technology, automotive recon, professional training, industry outlooks, and more.
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
Read More →
Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
Read More →
The enhanced technology allows rental car operations, dealerships, and auctions to compare a vehicle’s condition at pickup and drop-off within the same rental or loaner record.
Read More →
Winter snowstorms and frosty freeze-overs could not slow down the hot vehicle auction action nationwide in January.
Read More →
The $20 million in Series A funding from Lightspeed will enable Plug to boost supply, develop more technology, and widen wholesale and retail sales channels.
Read More →
The 2026 Fleet Remarketing Award Nominations will close on March 1. The awards recognize industry leadership, highlighted by a new award focused on fleet vehicle value creation.
Read More →
The year brought modest and flatter results across wholesale values, total off-rental supply, and rental risk units.
Read More →
2025 figures show a steady recovery in wholesale vehicle activity this decade.
Read More →
The annual look at most-consumed vehicle remarketing content shows what audiences think mattered the most in the mid-decade year.
Read More →
Within the next six to 12 months, artificial intelligence programs designed specifically for smaller operations will become more affordable, intuitive, and integrated.
Read More →
