Category: VRA News

Future trends affecting remarketing sector discussed at VRA AGM

Future trends affecting the remarketing sector were the subject of presentations by three guest speakers at the Annual General Meeting (AGM) of the Vehicle Remarketing Association (VRA) earlier this month. Philip Nothard, the VRA’s chair, said that, taken together, the briefings – from Lee Swinerd, automotive sector lead at Interpath, Alastair Cassels, head of automotive

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Manufacturer strategies mean used car supply may never return to previous levels, says VRA

Changing manufacturer strategies mean used car supply may never return to anywhere near its pre-pandemic levels, says the Vehicle Remarketing Association (VRA) Philip Nothard, chair, said that the last few years had taught at least some manufacturers that there were greater profits to be made from reducing supply and keeping new vehicle prices high. “For

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What 2023 will bring for the remarketing sector is theme of this year’s VRA Seminar

The Vehicle Remarketing Association (VRA) is today announcing initial details about its 2022 Annual Seminar, the first to be held since the start of the pandemic. It will take place on Tuesday 22nd November at The Slate, Warwick University, with the theme of “2023: The Year Ahead in Remarketing” looking at current and new issues

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Shift to retail sales likely to exacerbate ongoing used car shortages, says VRA

Major manufacturers steering sales of new cars towards more profitable private sales rather than fleet is likely to exacerbate the ongoing used car shortage, says the Vehicle Remarketing Association (VRA) Year-to-date figures show that fleet sales are down 25.0% on 2021 and private up 17.8%, showing the significance of the shift that is taking place.

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Speakers announced for first in-person VRA Annual General Meeting since start of pandemic

Three guest speakers have been announced for next month’s Annual General Meeting (AGM) of the Vehicle Remarketing Association (VRA) – it’s first to be held in-person since the start of the pandemic. Lee Swinerd, director at Interpath, will cover restructuring in the supply chain, rising material costs, and supply shortages and their impact on the

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Lower volumes, brand changes and longer vehicle retention will characterise second half of 2022, says VRA

Lower volumes of stock, changes to the available brand mix and longer vehicle retention will be among the major trends in the used car sector in the second half of 2022, the Vehicle Remarketing Association (VRA) says. Philip Nothard, VRA chair – reporting on the trade body’s latest member meeting which took place at BCA

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Listen back – hybrid member meetings

Wednesday 18 May 2022 at BCA Birmingham – The key issues affecting the automotive and remarketing sectors David Bailey, professor of business economics at the Birmingham Business School, University of Birmingham (2:45 mins)Hot topics discussion (43:00 mins)Derren Martin, director of valuations at cap hpi (59:00 mins)Andy Carroll, an associate at ICDP and director at Albeda

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Local charger availability hampering dealer ability to retail EVs, says VRA

Poor availability of charging facilities on a local basis is hampering the ability of dealers to retail both new and used electric vehicles (EVs) to “a surprisingly large degree,” the Vehicle Remarketing Association (VRA) is reporting. Philip Nothard, VRA chair, said that the issue appeared to be especially the case in areas where consumers rarely

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Date set for first in-person meeting for VRA members since start of the pandemic

A date has been set for the first in-person Vehicle Remarketing Association (VRA) member meeting since the start of the pandemic. Starting at 10am on Wednesday 18th May at BCA Birmingham, the event will look at key issues affecting the automotive and remarketing sectors, featuring three well-known industry experts. They are David Bailey, professor of

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Recruitment and retention is topic of VRA’s April webinar

Recruitment and retention is the topic of the Vehicle Remarketing Association’s (VRA) next webinar, taking place at 10am on Wednesday 6th April. Three speakers will examine what Philip Nothard, VRA chair, describes as “among the most acute issues affecting the remarketing sector at this moment in time.” Helen Crooks, director of Wright People Human Resources,

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Care will be needed in future when describing autonomous car technology, warns VRA

Care will be needed in future when describing the capabilities of autonomous car technology for marketing purposes, the Vehicle Remarketing Association is warning. The Law Commissions of England and Wales, and Scotland, have recently reported on the proposed legal framework surrounding the use of this technology, and their joint report includes firm recommendations on how

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New Thinking in Remarketing Technology is subject of latest VRA webinar

New Thinking in Remarketing Technology is the subject of the Vehicle Remarketing Association’s (VRA) next webinar, taking place on Wednesday 23rd February at 10.00am. There will be three main speakers, each looking at different developments affecting the sector. Rob Severs, VP of product at iVendi will be examining the latest thinking in online automotive retail;

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