The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
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The emergence of electric vehicles will be among the many top trends to be explored at the Conference of Automotive Remarketing June 15-17 that will be in-person and online.
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The remarketing industry observed a lower number of off-lease units in 2020 than anticipated; fleets extending asset lifecycles; and fewer repossessions than what would occur in a normal year.
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Remarketing professionals at several leading FMCs are observing a strong truck market in the wholesale market, a continued shift of fleet portfolios moving toward more crossovers/SUVs, and an increase in digital auction activity.
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This video features Laura Taylor of NAAA and Paul Seger of IARA discussing with Mike Antich, CAR Experience conference chair, the value of virtual events during the new landscape of less travel, social distance, and face-to-face connection loss. Attendance for the CAR Experience is free exclusively for consignors and auction personnel.
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The CAR Experience will be hosted live online from Oct. 12-16, 2020.
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Tim West, Black Book’s longtime Vice President of North American Auctions, received the Ed Bobit Industry Icon Award, which honors those for their contributions to the remarketing industry.
Read More →Now in the midst of the coronavirus crisis, pressure on residual values is predicted to increase lender’s credit losses as vehicle sales slow and unemployment rises. Now is the time for some creative online solutions.
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While the conference has been postponed until a later date in 2020 as a preventive measure against the COVID-19 coronavirus, people interested in attending the show later this year can still register for it.
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After a great deal of discussion, the 2020 Conference of Automotive Remarketing has been postponed.
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