The remarketing sector is on the cusp of a transformative era as artificial intelligence (AI) integrates into processes like vehicle health assessments, movement logistics and optimising stock selection.
As the remarketing sector faces a period of profound transformation, the insights shared at the Vehicle Remarketing Association’s Automotive Summit focussed on the need for agility, data-driven decision-making, and forward-thinking strategies.
Accurate battery health monitoring will have a huge impact on the resale value of used electric vehicles (EVs) but consensus around certification processes will be essential to build the public’s confidence.
A dealership’s track record and current market opportunity should form the foundation of stock turn policy, say the experts.
James Hosking, AA Cars, argues that in tackling fears head-on, dealerships have the potential to not only increase sales but also build lasting relationships with customers.
Vendigital’s Sheena Patel argues that the industry needs to come together to outline and define higher levels of standardisation
A strengthening car market is driving a bigger choice of stock to dealers' forecourts through traditional auctions plus newer online-only remarketing and car buying platforms
Picking up the Used Car of the Year trophy for the second consecutive year at the AM Awards is the Kia Sportage.
Cambridgeshire used car dealer Ponko's won the 2024 Independent Dealer of the Year Award at the AM Awards
AM's dealer readers have voted for the MG 4 to win the Used Electric Vehicle of the Year trophy at the 2024 AM Awards.
AM Live 2023 heard how the best used car retailers are battling stock shortages by pairing their buying experience with intelligent data. Andy Whitehair, chief executive of Autofinity, chaired the session which saw Alex Jones, chief operations officer at used car group Carbase, Craig Petty, sales director at AM100 dealer group Hatfields and Neil Smith, chief executive at consultancy Motorvait, offer their insights.
The winner of the 2023 AM Award for EV Dealership of the Year, FOW Car Supermarket, has adapted its strategy to optimise the sale of electric vehicles (EVs), both digitally and instore.
Darren Mornin, Next Gear Capital managing director, discusses stock funding and how the business is working with retailers to expand their businesses
Independent used car dealers who want to help cash-strapped Londoners who'll be impacted by the expansion of the ULEZ area could do well by stocking selected cheap diesel cars with Euro6 standards which are ULEZ compliant, even though they were on sale before 2015.
With London offering a £2,000 scrappage incentive to encourage city dwellers to scrap their oldest cars that won't be compliant with the expanding ULEZ ultra low emission zone, used car dealerships could be poised to tempt them with cheap replacement runabouts.
The breadth of transformation undertaken by FOW Car Supermarket during 2022 resulted in a winning entry for the 2023 AM Awards.
S & R Miller showed it was more than worthy of retaining the AM Awards Independent Workshop of the Year title in 2023.
AM's dealer readers voted the Kia Sportage for Used Car of the Year 2023. Read about some of the reasons behind its success.
John Clark (centre, Arnold Clark director, collects the 2023 AM Award for Used Car Dealer of the Year
Robert Forrester, chief executive of Vertu Motors, won the 2023 AM Award for Business Leader of the Year. This article outlines why the judges picked him.
Independent specialist electric car dealer Drive Green owner Richard Norris shares its approach to sustainability, including having a composting toilet and upcycling furniture.
Dealer Auction chief executive Le Etta Pearce was interviewed by AM as 2022 drew to a close and revealed consumer-sourced stock is supplementing the trade-to-trade stock as dealers clamour for the right used cars for their forecourts.
Motorpoint stock and purchasing director Dean Walker tells AM how new car production and inflation are adding pressure to his role at the used car supermarket PLC in the latest '8 Questions to...' Q&A.
The continued shortage of new vehicles and demand for used ones has left car dealerships with a dilemma.
Independent garage labour rates are rising quickly, but future bookings have fallen sharply.
