Fleet LatAm Business Networking Group: Remarketing remains strong in most countries
By Daniel Bland- December 13, 2022
Twitter?@DanielBlandBiz?GlobalFleet.com?-?FleetLatAm.com
The last?Fleet LatAm?Business Networking Group (BNG) meeting of 2022 has just wrapped up, and the topic this time around mostly revolved around remarketing in countries such as?Mexico,?Colombia, and?Chile.
Taking place on Tuesday (13 December), it was supported by experts from vehicle leasing and mobility solution companies Localiza, Salfarent, Arval, and ALD, as well as video telematics firm Lytx and MSD pharmaceuticals.
Following a few words from MSD Latam EHS manager and Fleet LatAm manager of the year 2022?David Trujillo?(pictured left) who stressed the importance of safety and sustainability in fleet operations, the 90-minute session counted on remarketing insights from executives representing?ALD Automotive?in Mexico,?Arval?(Colombia), and Salfarent (Chile).?
In Latin America, the outlook of used car sales really depends on the country, according to the executives.
In Mexico, used car financing represented 17% of the market in 2022 compared to 14% in 2021. While the number of used vehicles financed rose 23% this year compared to last, the value of the used car market increased some 18% year-over-year.
“This was due to the shortage of semiconductors for manufacturing as well as post-pandemic logistics issues,” ALD Automotive Mexico Commercial Director?Olivier Deleau?said during the meeting.
“Besides ALD Carmarket, among the local companies supporting the B2B market in terms of remarketing are Kavak, OLX autos, Click Autos, and VendeTuAuto,” added ALD Automotive Mexico Operation Director?Elzbieta Koska. Read more here...