Recruitment issues and the need for self-isolation are causing staffing issues across the remarketing sector, reports the Vehicle Remarketing Association. Chair Philip Nothard said that VRA members were experiencing issues finding staff to fill all kinds of long-term positions, and that the problem was being exacerbated by the ongoing short-term demands of self-isolation. “Obviously, we … [Read more...]
Rising hesitancy over buying is the new norm
There is no doubt that new and used car sales are right at the forefront of the car retailer’s commercial strategy at the moment, said Rupert Pontin, Director of Insight at Cazana, the motor trade analysts. As another week of strong sales performance passed by and the retailers continued to make the most of the pent-up buyer demand, new car sales looked good, although the restrictions on supply … [Read more...]
Brexit deal “unanswered questions” is concerning, says trade
The new, “thin” Brexit deal that is now in effect leaves many unanswered questions that could have serious implications for the UK motor industry, warns the Vehicle Remarketing Association. The trade organisation says that several key points surrounding the future of manufacturing and cross-border movement of vehicles remain vague or undefined. Sam Watkins (right), chair at the VRA, said, “Let’s … [Read more...]
Potential potholes for planning ahead
The impact of the coronavirus crisis and potential effects of Brexit are making planning beyond the short term almost impossible in the remarketing sector. So reports the Vehicle Remarketing Association (VRA), which points out that the currently booming market is arguably obscuring the potential dangers that lie ahead. Chair Sam Watkins said, “As has been widely reported, the sector is very, … [Read more...]
Tradelines 16 September
Forty-seven per cent of respondents to a Vehicle Remarketing Association snapshot survey say they are currently facing issues affecting their work-life balance – but 89% say they are “somewhat confident” about coping with the stress caused. The snapshot survey also asked members what coping techniques they were using and the answers ranged from golfing and finding time to spend with friends to … [Read more...]
Mind over marketing and your wellbeing
A webinar dedicated to helping individuals look after their wellbeing through the pressures created by the coronavirus pandemic is being held this month by the Vehicle Remarketing Association. “How to Stay Well in a Time of Crisis,” will take place at 3pm on Thursday 10 September and is open to all members of the VRA. Speakers include Prash Kotecha of Mantra Consulting, who will present on … [Read more...]
Newslines 23 June
To boost the re-opening of showrooms across its dealer network in England and Northern Ireland, and Scotland from the end of June, Mitsubishi Motors in the UK is now offering its customers savings of up to £4,000 until September 28, as well as the assurance of prompt delivery of their chosen vehicle either to their local dealership or to their home free of charge. Anyone purchasing a new … [Read more...]
Lockdown security warning to businesses
Security of used cars and vans without access to formal storage facilities could be a growing problem for the remarketing sector over the course of the coronavirus lockdown, says the Vehicle Remarketing Association. The body, which represents organisations involved in the remarketing of 1.5m cars and vans every year, said that large numbers of vehicles left largely unattended in storage could … [Read more...]
Mobility move will be challenging to businesses
The growing emergence of mobility services over the coming years will create demand for a whole new range of mobility services, says the Vehicle Remarketing Association. The industry body, which represents businesses that handle, sell, inspect, transport or manage more than 1.5 million used cars and vans every year, has been discussing the issue at recent meetings. VRA chair Sam Watkins said, … [Read more...]
Used dealers struggle with booming evs
The rise in used electric cars threatens to leave some dealerships flat, say analysts. A potential “charging crisis” could soon emerge among vehicle remarketing companies as electric vehicles start to make their way onto the used market in larger numbers, says the Vehicle Remarketing Association. The industry body, which represents businesses that handle, sell, inspect, transport or manage more … [Read more...]
