Kontos and Smoke set for opener of IARA webinar series

Image courtesy of the International Automotive Remarketers Alliance.
The International Automotive Remarketers Alliance is beginning a three-part informational webinar series on Friday titled, “IARA Road to Recovery 2020.”
The opening segment is scheduled to feature KAR Global chief economist Tom Kontos and Cox Automotive chief economist Jonathan Smoke, who plan to discuss six topics, including:
• Status of the COVID-19 pandemic and the impact to the US economy
• Latest retail used vehicle sales and price trends and what they reveal about the recovery
• Regional differences in how local markets are recovering
• Wholesale used vehicle price, volume and conversion rate trends pre- and post-COVID crisis onset
• A high-level look at possible wholesale supply patterns for off-rental, off-lease, off-fleet, repo and dealer consigned units
• Expectations on duration and intensity of impacts to wholesale market from COVID-19
The series is set to continue on May 22 as a collection of dealer groups plan to discuss current actions and expected buying patterns. IARA indicated attendees also can gain insights about:
• How dealers have adjusted to the effects of COVID-19 and what this means for consignors in the remarketing space
• Where are dealer groups sourcing cars?
• How are dealer groups sourcing cars?
The series culminates on June 5 as IARA considers how the industry is “adjusting to the new normal.”
Consignors from OEMs, captives, banks, commercial fleets and rental car companies are scheduled to discuss the current remarketing landscape as well as:
• Find ways to maximize return on your inventories despite market changes.
• Discover how your remarketing strategy compares, competes or enhances current market dynamics.
Attendees can register for the opening webinar set for noon ET on Friday by going to this website.