Outstanding manufacturer recalls could be the next issue of interest for Trading Standards in the used car sector, says the Vehicle Remarketing Association. The organisation, which represents businesses that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that it has received reports of dealers being asked about this issue by Trading Standards.
Almost 50 people attended last week’s Vehicle Remarketing Association member meeting in what the organisation described as a “sign of the current, increased interest in remarketing.” Held at the premises of GEFCO in Coventry, the event covered the latest developments in leasing company remarketing. VRA members together are involved in handling, selling, inspecting, transporting or managing more than 1.5 million used vehicles every year.
Rapidly changing vehicle technology means that the remarketing sector is going to have to undergo an unprecedented period of upskilling over the next decade, says the Vehicle Remarketing Association. The organisation – which represents companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that the rise of electric vehicles, increased connectivity and increasing levels of autonomy will all have an impact.
The Vehicle Remarketing Association has added its support to the British Vehicle Rental and Leasing Association’s response to the current Government’s Worldwide Harmonised Light Vehicle Test Procedure (WLTP) consultation. Sam Watkins, chair at the VRA, said that her organisation shared the BVRLA’s concern about how the potential, negative impact on the company car sector could have widespread repercussions.
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation, which represents companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that while new car diesel demand has plummeted, corresponding used demand has stayed relatively firm.
The increasing numbers of electric and hybrid vehicles making their way onto the used market will be the focus of the first Vehicle Remarketing Association meeting of 2019, taking place on 23 January at Fleet Auction Group, Coalville.
Best practice guidelines covering how to handle the recent Advertising Standards Authority ruling on previous business use cars will form the core of the next meeting of the Vehicle Remarketing Association. Taking place on 22 March at CD Auction Group in Corby, it will include a detailed presentation on the subject by Jonathan Butler of leading legal firm, Geldards, as well as member reports of how they are managing the issue.
The current situation surrounding diesel in the new and used car sectors is to be discussed at the July member meeting of the Vehicle Remarketing Association.
The key speaker will be Louise Wallis, head of business development at the RMIF, looking at how factors such as CO2 and NOX emissions, the petrol versus diesel debate, the government’s clean air plans, taxation and scrappage will all affect demand for diesel.