A Dynamic 2024 Confirming Our Imaginative and prescient For 2025

Pricey duPont REGISTRY Group Household and Buddies,

2024 has sped by as quick as our high-performance automobiles, but it surely was a 12 months brimming with unimaginable milestones and promising developments for our business.

Just like the US pre-owned automotive market, value $841Bn, the luxurious and unique automotive market has proven its resilience and dynamism, mirroring broader traits within the luxurious sector. 

Whereas manufacturers like LVMH (-16% YTD) and Porsche (-26%) have confronted challenges, others corresponding to Ferrari (+27%) have outperformed, very like Hermès (+16%) within the trend world. 

These two leaders of their respective industries exemplify a shift towards exclusivity, personalization, and unparalleled buyer expertise pillars that outline the way forward for luxurious. This phenomenon isn’t just about shortage however about delivering unmatched high quality, personalization, standing, entry, and efficiency. Trade leaders are taking notes and embracing related methods to captivate discerning clientele.

At duPont REGISTRY Group, we’re proud to steer the pre-owned luxurious and unique automotive market by embodying these identical ideas: TRUST, PERSONALIZATION, EXCELLENCE, and MEMORABLE EXPERIENCES, making certain that our purchasers and companions obtain nothing lower than the most effective. 

We’re uniquely positioned with over 120,000 listings value over $25Bn to satisfy our hundreds of thousands of followers and guests’ ardour for a luxurious pushed way of life.

2024: A Yr Of Achievements

This 12 months, now we have made vital strides solidifying our place as an business chief and reworking our clients’ journeys.

Content material and Neighborhood Management: We acquired Petrolicious, the premier video manufacturing firm for classic and basic automobiles, additional enhancing our storytelling capabilities.

International Partnerships: We established a three way partnership with RetroMobile Paris to convey the enduring occasion to the U.S. in 2025.

Strategic Investments: The Ferrari Household Belief’s funding in Cavallino validated our experiential technique. Cavallino is a part of Canossa Occasions, which organizes a whole lot of occasions globally.

Enhanced Vendor and Buyer Companies: We expanded our choices with Finance, Insurance coverage, Automobile Service Contracts, and Delivery to create seamless possession expertise.

Public sale Success: Sotheby’s Motorsport achieved new milestones with greater than $40M in gross sales at a mean GMV of greater than $200,000.

Transactional Development: We transacted for a whole lot of hundreds of thousands of {dollars} in automotive gross sales at duPont REGISTRY, buying automobiles from our personal sellers and sellers and making certain a vibrant market.

Wanting Forward To 2025

In 2025, we have a good time 40 years of duPont REGISTRY—an iconic model that started as a categorized journal and has since developed right into a cornerstone of the luxurious and unique automotive business. As I flipped by way of the pages of our inaugural situation, I used to be reminded of our deep roots in showcasing the best manufacturers, a practice we are going to honor all through our anniversary celebrations.

We are going to speed up this 12 months by executing our imaginative and prescient:

·       Technological Developments: We are going to improve our tech, AI, and information platforms to supply collectors best-in-class valuations, information insights, and personalised experiences.

·       Strengthened Partnerships: New collaborations will additional streamline on-line transactions, delivering better comfort and belief.

·       Unforgettable Experiences: We are going to introduce revolutionary occasions and gatherings to unite automotive fanatics and foster a vibrant neighborhood.

Gratitude And Optimism

As I mirror on our accomplishments in 2024, I’m stuffed with satisfaction and gratitude for our distinctive crew and constant companions. The demand for luxurious and unique automobiles stays strong, with steady to rising costs—a testomony to the energy of our business and our collective efforts.

Thanks for being a part of our journey. I look ahead to sharing a rare 2025 with all of you. 

Right here’s to a different 12 months of driving excellence and creating unforgettable reminiscences.

Heat regards,

Antoine Tessier​​​​
Chief Govt Officer
duPont REGISTRY Group