Webinar: Used car superstores: despite their current growth, do tough times lie ahead?

Webinar: Used car superstores: despite their current growth, do tough times lie ahead?

There are many signs that competition in the used car business is further intensifying across the main European markets, with different types of player looking to exploit opportunities and gain market share, and investing more resources and technology.

This webinar will explore the future role of the used car superstores, the largest independent players, focused strongly on retail (even if many of them also have wholesale activities. Since our last full update in 2014, a number of these players across Europe have achieved impressive growth and financial performance. Indeed, the best-performing superstores now have an online and offline presence, and a customer offer, that is very much a match for the OEMs’ approved used car schemes. You might conclude that they are here to stay …

However, competition for the superstores from other types of player, especially leasing companies and large dealer groups, is growing rapidly,. The superstores are increasingly finding themselves competing in the same market (nearly new cars and young cars up to 4 years old), they are seeing their retail format being copies, and now they are starting to face a squeeze in their available supply of used cars thanks to the remarketing activities of both OEMs and leasing companies, a situation that can only worsen as the penetration of ‘managed fleets’ of cars offered to customers on monthly payments grows..

We are already seeing the progressive consolidation of the medium-sized operators in particular as a result of the growing importance of economies of scale to success, but will this consolidation accelerate in the future? What can the superstores do to protect their supply chains and retail offer in the face of a changing market? Or are the days of the large superstore format numbered?

This webinar will be relevant for all interested in tracking the development of, and the key success factors for, the used car superstores, especially for those tasked with maintaining a competitive response.

It will take place on 12th February 2019, 10.00 a.m. UK, 11.00 a.m. CET, and is only available to ICDP members. There is no charge for attending, so there is no need to book via the website, simply send Jane Trace an email at projectoffice@icdp.net and she will forward a WebEx meeting invitation to you.

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Webinar: Used car superstores: despite their current growth, do tough times lie ahead?

There are many signs that competition in the used car business is further intensifying across the main European markets, with different types of player looking to exploit opportunities and gain market share, and investing more resources and technology.

This webinar will explore the future role of the used car superstores, the largest independent players, focused strongly on retail (even if many of them also have wholesale activities. Since our last full update in 2014, a number of these players across Europe have achieved impressive growth and financial performance. Indeed, the best-performing superstores now have an online and offline presence, and a customer offer, that is very much a match for the OEMs’ approved used car schemes. You might conclude that they are here to stay …

However, competition for the superstores from other types of player, especially leasing companies and large dealer groups, is growing rapidly,. The superstores are increasingly finding themselves competing in the same market (nearly new cars and young cars up to 4 years old), they are seeing their retail format being copies, and now they are starting to face a squeeze in their available supply of used cars thanks to the remarketing activities of both OEMs and leasing companies, a situation that can only worsen as the penetration of ‘managed fleets’ of cars offered to customers on monthly payments grows..

We are already seeing the progressive consolidation of the medium-sized operators in particular as a result of the growing importance of economies of scale to success, but will this consolidation accelerate in the future? What can the superstores do to protect their supply chains and retail offer in the face of a changing market? Or are the days of the large superstore format numbered?

This webinar will be relevant for all interested in tracking the development of, and the key success factors for, the used car superstores, especially for those tasked with maintaining a competitive response.

It will take place on 12th February 2019, 10.00 a.m. UK, 11.00 a.m. CET, and is only available to ICDP members. There is no charge for attending, so there is no need to book via the website, simply send Jane Trace an email at projectoffice@icdp.net and she will forward a WebEx meeting invitation to you.

Share this:

Hold date in calendar

Webinar: Used car superstores: despite their current growth, do tough times lie ahead?

There are many signs that competition in the used car business is further intensifying across the main European markets, with different types of player looking to exploit opportunities and gain market share, and investing more resources and technology.

This webinar will explore the future role of the used car superstores, the largest independent players, focused strongly on retail (even if many of them also have wholesale activities. Since our last full update in 2014, a number of these players across Europe have achieved impressive growth and financial performance. Indeed, the best-performing superstores now have an online and offline presence, and a customer offer, that is very much a match for the OEMs’ approved used car schemes. You might conclude that they are here to stay …

However, competition for the superstores from other types of player, especially leasing companies and large dealer groups, is growing rapidly,. The superstores are increasingly finding themselves competing in the same market (nearly new cars and young cars up to 4 years old), they are seeing their retail format being copies, and now they are starting to face a squeeze in their available supply of used cars thanks to the remarketing activities of both OEMs and leasing companies, a situation that can only worsen as the penetration of ‘managed fleets’ of cars offered to customers on monthly payments grows..

We are already seeing the progressive consolidation of the medium-sized operators in particular as a result of the growing importance of economies of scale to success, but will this consolidation accelerate in the future? What can the superstores do to protect their supply chains and retail offer in the face of a changing market? Or are the days of the large superstore format numbered?

This webinar will be relevant for all interested in tracking the development of, and the key success factors for, the used car superstores, especially for those tasked with maintaining a competitive response.

It will take place on 12th February 2019, 10.00 a.m. UK, 11.00 a.m. CET, and is only available to ICDP members. There is no charge for attending, so there is no need to book via the website, simply send Jane Trace an email at projectoffice@icdp.net and she will forward a WebEx meeting invitation to you.

Share this:

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Webinar: Used car superstores: despite their current growth, do tough times lie ahead?

Not required for a webinar.

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