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Expansion planned for auction company

Cambridge Car Auctions, the remarketing business launched last year, is set to open a second site in the coming months.

The business, founded by Simon Taylor, will not reveal where the second site will be until nearer its July launch which will see it start with two auctions per week.

Taylor said: "Some may see our expansion as premature but we’ve researched the area as well as talking to local dealers and main agents and feel the location would benefit from an auction house.

"We have a great team in Cambridge, which has enabled us to see week on week growth and will plan to replicate this at our new site."

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