The onset of the COVID-19 global pandemic has impacted all sectors of the economy, and the automotive industry has not escaped its damaging effects. In response to the lockdown and the social distancing measure there has been an accelerated shift towards automation and digitisation.
The vehicle remarketing sector has been heavily impacted in recent months with the closure of all physical auction centres, necessitating a move to digital auctions. According to a recent Cox Automotive survey, 40% of dealers have increased their use of digital auctions with nearly half of those dealers indicating this as a long-term change. Online auctions and contact-free transactions have driven accelerated demand for new and improved technologies, especially in high quality, easily accessible vehicle remarketing images and automatic vehicle appraisals using AI.
DeGould is perfectly placed to assist the remarketing sector in coping with the challenges it faces. DeGould’s award-winning automated vehicle imaging solutions have been proven in OEM production and finished vehicle logistic supply chains and have been adapted to provide a revolutionary remarketing solution. Their Auto-remarketing products offer consistent, retail-ready images (over 61 megapixels per image) distributed in real time, direct from the auction, 24/7. The highest-quality interior, exterior and underbody images can provide dealers with a complete and proven proposition, allowing them to post images to online platforms faster, streamlining the sales process to customers with tangible benefits to the bottom line.
Ed Jones, CEO says “Automation and digitisation are needed now more than ever to reduce the reliance on human interaction and expedite transactions in the automotive sector. Our proven, market-leading imaging technology and cloud-based platforms provide an effective solution to the change in buying behaviours and we are delighted to be in discussions with some of the ‘major players’ in the remarketing sector. Our R&D acceleration through-out 2020 has seen the release of a new portfolio of products which we’re super excited to bring to market.”