A Dynamic 2024 Confirming Our Imaginative and prescient For 2025

Expensive duPont REGISTRY Group Household and Pals,

2024 has sped by as quick as our high-performance vehicles, however it 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 posh and unique automotive market has proven its resilience and dynamism, mirroring broader developments within the luxurious sector. 

Whereas manufacturers like LVMH (-16% YTD) and Porsche (-26%) have confronted challenges, others akin to Ferrari (+27%) have outperformed, very like Hermès (+16%) within the style 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 is not only about shortage however about delivering unmatched high quality, personalization, standing, entry, and efficiency. Trade leaders are taking notes and embracing comparable 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 rules: TRUST, PERSONALIZATION, EXCELLENCE, and MEMORABLE EXPERIENCES, guaranteeing that our shoppers and companions obtain nothing lower than the very best. 

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

2024: A 12 months Of Achievements

This 12 months, we’ve got made vital strides solidifying our place as an business chief and remodeling our prospects’ journeys.

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

International Partnerships: We established a three way partnership with RetroMobile Paris to carry the long-lasting 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 tons of of occasions globally.

Enhanced Seller and Buyer Providers: We expanded our choices with Finance, Insurance coverage, Automobile Service Contracts, and Transport 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 Progress: We transacted for tons of of hundreds of thousands of {dollars} in automotive gross sales at duPont REGISTRY, buying vehicles from our personal sellers and sellers and guaranteeing 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 categorised journal and has since developed right into a cornerstone of the posh and unique automotive business. As I flipped by means of the pages of our inaugural subject, I used to be reminded of our deep roots in showcasing the best manufacturers, a convention we’ll 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 customized experiences.

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

·       Unforgettable Experiences: We are going to introduce modern 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 pleasure and gratitude for our distinctive staff and constant companions. The demand for luxurious and unique vehicles stays sturdy, with steady to rising costs—a testomony to the power 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 recollections.

Heat regards,

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