Dealer Auction
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Supplier News 6 JunAuto Trader’s annual turnover rose 8% to £355.1 million in 2018
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
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Market Insight 11 AprCar dealers report 60% decline in demand amid March's Brexit uncertainty
Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
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Used Cars 15 Mar
Wholesale prices rose 0.5% in February as margin concerns continue
Wholesale used car prices rose by 0.5% month-on-month in February as car retailers continued to express their concerns about margin compression, Cox Automotive reported.
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Supplier News 14 FebNearly-new diesel vehicle volumes on the decline, reports Cox Automotive
Cox Automotive has reported that volumes of nearly-new diesel vehicles declined in January as the used car sector showed stability by “following its normal seasonal pattern”.
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Supplier News 2 JanAuto Trader and Cox Automotive launch Dealer Auction joint venture
Auto Trader and Cox Automotive UK have completed the joint venture process to bring together their used car stocking platforms under a re-launched Dealer Auction business.
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Used Cars 20 AugDemand drives 7% July used car price rise at Manheim
Cox Automotive has reported signs of a positive upturn in the used car market after a 7% rise in prices at its Manheim auction centres during July.
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Supplier News 16 AugCox Automotive and Auto Trader join forces in Dealer Auction joint venture
Cox Automotive and Auto Trader have launched a joint venture to drive growth of the Dealer Auction automotive wholesale marketplace – promising car retailers a greater choice of vehicle stock.
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Supplier News 9 MayNextGear Capital funds £50million of Dealer Auction sales through partnership
NextGear Capital has provided £50million in stock funding to hundreds of UK dealers thanks to a partnership with Dealer Auction.
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People News 18 AprCox Automotive promotes Kieran TeeBoon to managing director of Dealer Auction
Cox Automotive has announced the promotion of Kieran TeeBoon to the post of managing director at Dealer Auction.
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Used Cars 13 AprPart-exchange price rise boosted car retail in challenging March, says Cox Automotive
Part-exchange vehicles posted strong performance at auction during March to deliver a boost to car dealers at the end of Q1, according to new figures from Cox Automotive.
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Used Cars 8 MarDiesel used car price growth fails to keep pace with petrol, reveals Cox Automotive
Cox Automotive has said that sales of used diesel vehicles have continued to contrast those of new diesel cars, despite a year-on-year price rise less than a third of those attracted by petrol counterparts.
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Market Insight 26 JanOnline businesses help boost Cox Automotive’s annual growth
Cox Automotive has enjoyed a year of growth, driven by demand for its online businesses.
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Used Cars 16 Jan
Used car prices end 2017 on high for Cox Automotive's Manheim and Motors.co.uk businesses
Cox Automotive reported a strong end to 2017 as average used car prices rose across its Manheim auctions, Dealer Auction, NextGear Capital and Motors.co.uk businesses.
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Market Insight 14 DecCox Automotive’s performance hints at stable market in 2018
Cox Automotive has reported "great stability" in the used car sector during the last quarter of 2017, suggesting that car supermarkets will help to drive things forwards into 2018.
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Used Cars 18 OctAverage used car prices rise 16% at Manheim
Manheim’s average used car price rose by 16% in September as Cox Automotive’s wholesale and retail businesses ride a wave of “higher quality and of lower mileage” stock.
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Supplier News 4 SepDealer Auction celebrates £1bn sales milestone
Operators of the Dealer Auction trade-to-trade online auction platform have been celebrating after it passed a lifetime sales milestone of £1bn in July.
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Technology 26 JulMotors.co.uk and Dealer-Auction.com integration enables rapid car sales
Integration of Dealer-Auction.com and Motors.co.uk will enable dealers to rapidly list newly bought stock, according to Cox Automotive.
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Market Insight 15 Jun'Diesel car values remain stable' according to Dealer Auction
The average selling price of diesel cars in May remained stable year-on-year, according to Dealer Auction.
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Market Insight 13 JunUsed car values up for Cox Automotive in May
Cox Automotive’s wholesale and retail brands saw a year-on-year increase in sold volumes in May, with selling prices up across the board.
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Supplier News 18 May
Dealer Auction on track to sell over 80,000 vehicles in 2017
Trade-to-trade online auction Dealer Auction is on course to sell over 80,000 part-exchange cars this year – a 13-fold increase in eight years.
