Expensive duPont REGISTRY Group Household and Buddies,
2024 has sped by as quick as our high-performance vehicles, but it surely was a yr brimming with unimaginable milestones and promising developments for our trade.
Just like the US pre-owned automobile market, value $841Bn, the posh and unique automobile market has proven its resilience and dynamism, mirroring broader traits within the luxurious sector.Â
Whereas manufacturers like LVMH (-16% YTD) and Porsche (-26%) have confronted challenges, others equivalent to Ferrari (+27%) have outperformed, very similar to Hermès (+16%) within the trend world.Â
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 automobile market by embodying these identical ideas: TRUST, PERSONALIZATION, EXCELLENCE, and MEMORABLE EXPERIENCES, making certain that our purchasers and companions obtain nothing lower than one of the best.Â
We’re uniquely positioned with over 120,000 listings value over $25Bn to satisfy our tens of millions of followers and guests’ ardour for a luxurious pushed life-style.
2024: A Yr Of Achievements
This yr, we now have made vital strides solidifying our place as an trade chief and remodeling our clients’ journeys.
Content material and Neighborhood Management: We acquired Petrolicious, the premier video manufacturing firm for classic and basic vehicles, additional enhancing our storytelling capabilities.
International Partnerships: We established a three way partnership with RetroMobile Paris to deliver 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 Supplier and Buyer Providers: We expanded our choices with Finance, Insurance coverage, Car 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 median GMV of greater than $200,000.
Transactional Development: We transacted for a whole lot of tens of millions of {dollars} in automobile gross sales at duPont REGISTRY, buying vehicles from our non-public 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 advanced right into a cornerstone of the posh and unique automobile trade. As I flipped by way of the pages of our inaugural challenge, 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 yr by executing our imaginative and prescient:
·      Technological Developments: We are going to improve our tech, AI, and knowledge platforms to supply collectors best-in-class valuations, knowledge 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 modern occasions and gatherings to unite automobile 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 workforce and dependable companions. The demand for luxurious and unique vehicles stays sturdy, with steady to rising costs—a testomony to the power of our trade and our collective efforts.
Thanks for being a part of our journey. I look ahead to sharing a unprecedented 2025 with all of you.Â
Right here’s to a different yr of driving excellence and creating unforgettable reminiscences.
Heat regards,
Antoine Tessier​​​​
Chief Govt Officer
duPont REGISTRY Group