Strong wholesale demand supported used car values in August as the average value movement fell by just 0.6% at the three-year age point, according to experts at Cap HPI.
Manheim Auction Services is investing a substantial seven-figure sum to transform its existing site in Gloucester into a specialised hub with over 1,000 vans and trucks on sale every month.
The number of people opting to travel in cars is exceeding pre-pandemic levels, according to the latest official statistics from the Department for Transport.
City Auction Group is developing a new 28-acre site to house its logistics headquarters and expand its capacity with a further 5,000 vehicles, across defleet, logistics and secure storage, for launch in September.
A strategic partnership between two players in the wholesale vehicle sector has been forged to revolutionise the way used car dealers source and finance stock.
Vertu Motors has renewed its exclusive nationwide remarketing partnership with BCA until 2029.
Car supermarkets increased their inventories in July as buyers renewed their focus on affordability, according to MOTORS’ July Market View.
The first half of the year has seen unprecedented activity for used light commercial vehicles (LCVs) driven by strong demand and ongoing de-fleet initiatives, reports Cox Automotive.
Fleet management specialist Kinto has appointed vehicle auction specialists Aston Barclay as an additional remarketing partner.
HPI is extending its data set through a new partnership with integrated vehicle recycler Synetiq which will provide vital information on salvage total loss vehicles.
Carwow is enhancing its stock transport service to protect dealers against financial loss.
Arnold Clark is giving customers an extra £500 when they part-exchange or sell their car.
The leasing sector is increasingly turning to used car leasing to adapt to volatility in the electric vehicle (EV) market.
Ian Wilson, managing director of Wilsons Auctions, has been honoured with the inaugural National Association of Motor Auctions’ (NAMA) Hall of Fame Award
Competition for used hybrids and EVs listed on Dealer Auction surged in June, indicating strong dealer demand for Alternative Fuel Vehicles (AFVs) even though supply is constrained.
Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI
Car ownership remains crucial for young people, with the need for a vehicle increasing among 17-24-year-olds, Auto Trader's latest consumer analysis reveals.
Auction4Cars.com has opened a new auction site in Chingford exclusively for trade customers, marking the business’s first location in London and the South-East.
BCA has significantly expanded its Thurleigh facility, already one of Europe’s largest combined remarketing, logistics, defleet, and refurbishment centres which is strategically located just off the A6 north of Bedford.
Automotive intelligence platform AutoGrab is expanding into the UK, as part of its global growth strategy.
Advertised used car prices and dealer stock levels dipped as buyers concentrated on older essential purchase vehicles, according to Motors’ Market View for June.
Vehicle remarketing specialist Aston Barclay has appointed Eddie Thomson as chief operating officer.
A new Spotlight digital report for car dealers, focused on developments and best practice in the used car market, has just been launched by AM.
Tesla has plans to raise its game in the UK's used car sector, to expand the number of locations that sell its approved used cars and increase sales volumes.
The National Association of Motor Auctions’ (NAMA) is launching a LCV grading standard on July 1 to help dealers select good quality used vans and pick-ups.
