Stock shortages affecting the used car and van markets will be the subject of the sixth in the Vehicle Remarketing Association (VRA)’s New Normal Briefing series of webinars.
David Bailey, professor of business economics at the University of Birmingham’s Business School will open the presentations, explaining how the semiconductor shortage, Brexit and the pandemic have affected new vehicle supply. The sixth New Normal Briefing will be at 10 am on Thursday 17 June.
There will then be a panel discussion about how this is feeding through into stock shortages in the used sector featuring Rupert Pontin, VRA deputy chair and director of insight, Cazana; Derren Martin, head of valuations, cap hpi and Jon Davies, brand partnership director, AutoTrader.
Philip Nothard, chair at the VRA, said: “Stock shortages and the myriad issues that they create are shaping up to be the biggest problem facing the remarketing sector this year, so this is a timely webinar.
“With the help of our speakers, we’ll be looking at the roots of the current situation, how it is likely to develop over the course of the year, and possible solutions that will help remarketing companies make appropriate plans.”
The VRA’s New Normal Briefings have been created to provide members with essential information and guidance as the industry and the general economy begin to emerge from the pandemic.
They take place on the third Thursday of every month and it is planned that they will continue until later in 2021, when it is hoped that the VRA will be able to resume at least some face-to-face meetings.
More information about the briefings and joining the VRA can be obtained by emailing info@thevra.co.uk.