Fleet News

BVRLA to host vehicle supply webinar

The BVRLA will host a webinar to discuss the ongoing vehicle supply issues affecting the rental and leasing sector.

Setting out to help delegates better understand the current issues having an impact on the supply chain, as well as the potential timescales for recovery, the hour-long session will include insights from seven spokespeople representing all corners of the industry. 

The Industry Outlok webinar will take place on Wednesday, March 30.

Presentations from ICDP and Cap HPI will follow the BVRLA’s director of Fleet Services Amanda Brandon talking through the results of the association’s latest Business Impact Survey, shining a light on what members are seeing across the UK.

The event will conclude with a panel discussion featuring spokespeople from Auto Trader, Fitch Ratings, Fleet Procure, and United Rental Group, who will field questions from delegates and explain what operators can do in response to the prolonged impact to supply. 

Brandon, who will chair the event, said: “The industry has been hit by one crisis after another over the last couple of years, which have collectively created an immense bottleneck in the automotive supply chain. We are giving delegates access to some of the leading experts in this field, who will explain the full extent of what is going on and what might happen next.” 

David Collings, head of marketing for Cap HPI, added: “We have been through a tumultuous couple of years in the used car market, with record-breaking increases in used values during 2021, but a slower start to 2022. The question of where values will go next is one our experts discuss on a regular basis with customers.”

Dylan Setterfield, Cap HPI’s head of Forecast Strategy will provide the latest analysis on the effects of disruption to new car supply and the resulting impact on used values. There will be a particular focus on what this all means for leasing and rental companies, to help members better prepare themselves as they search to lessen the impact of such a volatile environment. 

Ian Plummer, Auto Trader’s commercial director, said: “The market is moving at a record pace, which means it has never been more important for the industry to be armed with the latest insights and data to ensure it is adapting alongside it.

“The Industry Outlook programme is an extremely effective channel for that end, and we’re proud to be able to support it with the huge variety of metrics and trends we’re able to track in almost real-time due to our scale and very broad view of the market.” 

The BVRLA’s Industry Outlook events are exclusive to BVRLA members and are free to attend.

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