The Vehicle Remarketing Association (VRA) will discuss the potential future impact of coronavirus on the remarketing sector at its 2020 AGM.

The meeting, which will be held online, will feature speakers talking about how things might play out under four possible future scenarios: an easing of lockdown with coronavirus under control; a national second wave of infection; localised outbreaks; and a successful vaccine programme.

Expert speakers lined up for the meeting are: Lee Swinerd, managing director of advisory at KPMG, who will consider general economic implications; Mike Jones, chair of ASE Global, who will look at the automotive sector; and Dr Justin Varney, director at Birmingham City Council, who will be speaking about the public health angle.

VRA chair Sam Watkins said: “Coronavirus is very likely to continue to affect remarketing in many different kinds of ways and this webinar session, which follows our main AGM business, is designed to help industry professionals understand some of the issues that they could well find themselves facing over the next year and further into the future.

“Throughout the coronavirus crisis so far, we have been holding regular online sessions for our members to help them cope with issues on a day-to-day basis. 

“Now that there is a perhaps a moment of breathing space, this seems like a good time to examine how what now seems to be called ‘the new normal’ will develop over time.”

Watkins said that the coronavirus discussion session would follow on from the introduction of speaker sessions to the AGM last year, which had been well received.

She said: “We are very, very pleased to have Lee, Mike and Justin taking part. They are all leading commentators in their fields and we are sure that they will help our members develop an improved understanding of the challenges they may soon find themselves facing.”

Discussing the regular business that will be covered at the AGM, Watkins added: “The VRA has had a strong last 12 months including an increase in membership, our most successful ever annual seminar, and a range of new initiatives. 

“We’ll be using the AGM to report to members about the progress we have been making.”