Manheim will open its 'UK first' double-blocking auction centre Monday September 25 at its Bruntingthorpe site, following a multi-million-pound investment.
Martin Forbes, MD at Cox Automotive, Retail, Media & Data Solutions on increasing his brands’ awareness and the new markets on his radar
Perrys has renewed its exclusive remarketing relationship with Manheim for its part-exchange vehicles.
A shift in the selling price of used cars helped average used values to rise 5.2% in June within Cox Automotive’s wholesale and retail businesses.
Manheim has held what it believes to be the first vehicle auction at sea – an off-site sale for Citroën on No Man’s Fort in the Solent.
Manheim will launch its first double-block vehicle auction in September.
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.
Manheim has sold a 1988 Ford Transit Mark 3 ‘spy van’ for what is believed to be a world record price.
Used car prices increased year-on-year in April in wholesale and retail markets.
The average selling price of vans sold in April by Manheim rose by 13.8% from the same month in 2016, to £5,154.
Hitachi Capital Vehicle Solutions has renewed its remarketing deal with Manheim for the next three years.
Manheim has signed a new two-year deal with Heritage Automotive, which will see around 3,000 part-exchange vehicles offered through its Bristol auction centre every year.
Cox Automotive has reported strong used car market in February, with average selling prices delivering year-on-year rises in both the wholesale and retail markets.
Vindis has signed a new two-year exclusive remarketing deal with Manheim, continuing a five-year relationship that has seen around 4,500 vehicles sold per year.
Cox Automotive saw year-on-year increases in selling prices in both the wholesale and retail used car markets in January.
The Vehicle Remarketing Association has appointed Rupert Pontin, Tim Hudson and Philip Nothard as new directors on a ten-strong board.
The wholesale and retail car markets in November showed signs of strength, despite some expected seasonality.
Demand for SUVs saw a seasonal boost as wholesale and retail average selling prices for used cars rose in October, according to data from Manheim and Motors.co.uk.
Cox Automotive saw falling days in stock and high volumes in its online and auction hall used vehicle selling platforms in September – but values were down at Manheim auctions.
Santander Consumer Finance is beginning a full national rollout of a wholesale stock funding facility for dealers at Manheim Auctions.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 7 2019
Where: Birmingham NEC
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