Cox Automotive is predicting a robust used car market of 7.64 million units in the UK this year.
Manheim Auction Services has appointed new general managers at its Leeds and Bristol locations as part of its UK growth strategy.
Electric vehicles (EVs) less than two years old are now retaining just 47% of their original value, a dramatic fall from the 83% seen in 2022, according to new data from Cox Automotive.
The used van market has kicked off 2025 on a strong note
Manheim Auction Services celebrated the highly successful launch of its new Gloucester specialist auction site in October 2024, setting new records in the process.
Manheim Auction Services is set to launch its new fortnightly sales programme at its Gloucester super centre on October 24.
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.
Cox Automotive’s Manheim Vehicle Services (MVS) has signed a Pre-Delivery Inspection (PDI) deal with Vindis Group to manage thousands of fleet vehicles across their Volkswagen Group portfolio.
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.
The volume of stock handled by Manheim Auction Services during January was up 24% year-on-year, with the number of active buyers increasing by 12%.
Hilton Garage has signed an exclusive deal with Cox Automotive to dispose of around 3,000 vehicles a year via Manheim Auction Services
City Auction Group has appointed Zaiga Jinkinson as its new client relationship director.
Cox Automotive has signed terms with four car supermarkets that will result in an additional 2,000 vehicles a year selling through Manheim Auction Services.
Wholesale van sales volumes grew 6% year-on-year as Cox Automotive experienced a supercharged start for its light commercial vehicle (LCV) remarketing operations in the first two months of 2023.
The UK's used LCV market has got off to “a flying start” in 2023 as an easing of supply issues sees a glut of “pandemic worn condition” vans enter the auction halls.
Manheim Auction Services has raised a further £20,467 for children’s charity Make-A-Wish UK with a special auction of donated vehicles and other items.
Lee Fox has joined Cox Automotive as the new managing director for Cox Automotive Vehicle Solutions to help strengthen its senior leadership team in Europe.
Volkswagen Group UK has extended its contract with Manheim Vehicle Services to provide defleet services for an additional five-year term.
Volkswagen Financial Services UK (VWFS UK) has extended its defleet relationship with Manheim for another five years, taking the partnership to December 2026.
Manheim Auction Services has raised £32,000 for charity Make-A-Wish at a special charity auction.