Introduction
H
ello and welcome to the
Q2 edition of our Quarterly
Australian Market Report.
We bring you
the just released
news about
the plan for
CarsGuide,
Dealer Solutions
and Manheim
to merge as
part of Cox
Automotive
Australia.
Firstly apologies for the delay in
this report, however we have been
holding off so we could bring you
the just released news about the
plan for CarsGuide, Dealer Solutions
and Manheim to merge as part of
Cox Automotive Australia. We have
included this news as the very first
story in this issue, reprinting the
official press release which has just
been distributed to the media.
We also follow with our regular review
of the Manheim used car market
and the trends we have identified
in our various sale segments. Our
report wouldn’t be complete without
providing you with some commentary
and insight from within our business.
This quarter we have a special
report on the growth of online sales,
especially since the introduction of
our new Simulcast system.
It also looks at digital marketing and
role social media is playing in our
growing online presence.
As usual we also bring you news
on how the new vehicle market is
performing, with a wrap on how
things are looking at the half way
point of the year. We also bring you
a report on the likely impact of the
UK vehicle market post the Brexit
vote as well as covering a global
study which predicts up to 21 million
autonomous vehicle sales by 2035.
Lastly we bring you details of our
purchase of the land our Moorebank
facility is located on in Sydney.
Like the news about Cox Automotive
Australia, it is another example of our
continued investment in the Australian
market. The purchase gives us
certainty in our tenancy and will allow
us to invest in upgrading our facility
with a strategic, long term view.
Locally we look at the impact the
recent election result is likely to
have on the automotive industry,
particularly in relation to the topic
of parallel imports and repair
information and data sharing.
We hope you find this report
informative and a valuable addition
to the market intelligence you
already receive. We welcome any
feedback as our aim is to bring you
information you find relevant and
useful each and every quarter.
Please feel free to let us know
your thoughts at
[email protected].
We also share a special report from
GoAuto Premium, which outlines
how fleets can save millions through
the use of the latest technology.
Q2
Mark Hankey
Director of Sales, Manheim
3