CARMEL, Ind. –

Jim Hallett, KAR Auction Services chairman and chief executive officer gave a keynote address during the Fleet Europe Remarketing Forum in Barcelona on Nov. 15.

 “The European auto remarketing industry is rapidly evolving. Economic trends, shifting demographics and rising customer expectations are accelerating change – and opportunity for new entrants and disruptors,” said Hallett in comments that were shared in a KAR news release. “Integrated technology and clear, actionable data are central to empowering the buying and selling experience. I appreciated the opportunity to contribute KAR’s insights and solutions to this important dialogue and dynamic marketplace.”

Hallett spoke of his thoughts concerning the future of automotive remarketing based on more than 40 years of industry experience and what he’s learned as the leader of KAR Auction Services.

He also explained building the company from a single auction into a multi-national technology company to one focused on innovation, data science and service. And shared insight regarding KAR’s integrated approach to remarketing through the company’s three main business units, ADESA, Automotive Finance Company (AFC) and Insurance Auto Auctions (IAA).

Annually, the Remarketing Forum gathers 150 industry professionals from a variety sections within the remarketing industry, such as OEMs, residual value setters and consultants, vehicle leasing companies, car rental companies, remarketing insurance providers, connect and trade insight about significant industry topics.

The forum was hosted at the Catalunya Congress Center in Barcelona.