Demand for used diesel cars has remained strong in the first quarter of 2018, driving conversion rates at auction.
Private new car registrations were April’s highlight as the new car market starts to show signs of “balance” but diesel car prices have faltered in the used car sector, according to Cazana.
NextGear Capital has provided £50million in stock funding to hundreds of UK dealers thanks to a partnership with Dealer Auction.
A third of drivers have postponed a new car purchase due to economic uncertainly, yet 82% are planning to purchase a new vehicle within the next three years.
Vertu Motors chief executive Robert Forrester has insisted that he is not under pressure from shareholders to deliver growth through acquisition after reporting reductions of 0.9% in turnover and 9.2% in profits in the group’s annual results.
The National Association of Motor Auctions (NAMA) raised over £14,000 for the motor industry benevolent fund (BEN) during its annual AGM in Lisbon, Portugal.
Cooper Solutions has added electronic appraisal diagrams for vans and motorbikes to its FullAppraisal and FullAuction services.
Shoreham Vehicle Auctions (SVA) has launched the first used electric van training course for LCV dealers and fleet vendors, with the Energy Savings Trust.
Most consumers want a minimum of 12 months of warranty cover with a used car, research by RAC Dealer Network has revealed.
Audi’s Q5 was the fastest selling used car in March, taking an average of 19 days to leave forecourts.
Aston Barclay’s SAS training partner company Break-Point has taken the remarketing firm’s marketing efforts to the ‘top of the world’ by planting a branded flag at the North Pole.
Cazana has launched a vehicle valuation tool enabling dealers to make “instant price decisions” based on the current retail market.
Car dealers turning to the used vehicle market amid falling new car sales have sparked at 9.4% increase in prices at auction, according to data published by Cox Automotive.
Vospers has targeted greater aftersales efficiency from its £12m supersite which is scheduled to open in Exeter later this year.
Demand for used diesel vehicles has remained strong in March with SUVs leading the charge, according to Cap HPI.
A High Court hearing has found that classic car dealer JD Classics did act as an agent for a collector who claims to have “suffered catastrophic losses” during the trading of 41 vehicles.
City Auction Group has announced the renewal of a three-year remarketing contact with Santander Consumer Finance's Belfast facility.
Auto Trader has reported that online searches for diesel powered used cars stabilised in March as their price failed to keep pace with their petrol equivalents.
BCA has sold a million vehicles in the UK in one year for the first time in its history following a 1,000 vehicle BMW/Mini 'mega sale' at its Perry Barr remarketing centre.
G3 has credited a 46% increase in digital bids compared to the last quarter of 2017 to the launch of its mobile inspection and asset management application, AVID.
Independent retailers offering PCP funding on used cars have an opportunity to grow their sales during 2018 but may be challenged by new contract hire companies, according to Adesa Remarketing.
BCA has announced that Stuart Pearson will be promoted to chief operating officer for its Remarketing Division following the retirement of Simon Henstock.
The Shpock online marketplace has launched its new platform for car dealers with TV advertising campaign and the promise of access to over 700,000 monthly UK users.
Prees Heath announces 6.5 acre expansion following a three-year remarketing contract from Santander Consumer Finance
Cox Automotive has announced the promotion of Kieran TeeBoon to the post of managing director at Dealer Auction.
