remarketing
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Used Cars 27 MarUsed car valuation 'freeze' could stem coronavirus impact on residuals
Used car values declined 2.2% in March as retail and trade demand fell due to the Covid-19 coronavirus crisis, according to Cap HPI.
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Supplier News 20 MarBCA's UK used car auctions go 'online only' due to coronavirus
BCA’s UK-wide car auction sales will go online only from March 26 as the remarketing specialist “prioritises the well-being of customers and our people” amid the COVID-19 coronavirus outbreak.
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Used Cars 20 MarBCA praises 'pragmatic approach' to car trading during coronavirus outbreak
BCA has revealed that the average value of a used vehicle rose 1.6% to a record £10,002 at its auctions in February as it praised the sector's resilience in the current COVID-19 coronavirus health crisis.
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Used Cars 12 MarCar auction volumes to ‘stabilise’ amid stock shortage, says NAMA
The volume of cars passing through UK remarketing centres looks set to stabilise during March following a “few months of strong growth”, according to NAMA.
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Supplier News 11 MarAston Barclay Prees Heath and Wakefield have record start to 2020
Aston Barclay’s auctions centres in Prees Heath and Wakefield have enjoyed a record start to 2020 as demand for record used car volumes continues.
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Market Insight 11 MarCoronavirus among ‘significant challenges’ faced by automotive retail
Coronavirus has been acknowledged among a series of “significant challenges” facing the automotive retail sector in the middle to long-term in Cox Automotive’s monthly Market Tracker report.
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Latest News 11 MarApplications for BCA’s Graduate Development Programme now open
BCA is offering the next generation of used car remarketing talent a grounding in the sector through its in-house Graduate Development Programme.
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Supplier News 5 MarCox Automotive UK acquires Bruntingthorpe operator C Walton Ltd
Cox Automotive UK has completed the acquisition of vehicle services provider and Bruntingthorpe operator C Walton Ltd, expanding its whole-life vehicle services offering with its biggest UK acquisition to date.
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Supplier News 2 MarVRA’s focus on post-Brexit outlook, autonomy and 2035 EV impact
The post-Brexit economic outlook, developments in vehicle autonomy and the impact of the 2035 EV announcement will all be key subjects in the next VRA meeting.
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Used Cars 25 FebPart-exchange vehicles reached record values for BCA in January
Car dealers’ part-exchange vehicles reached record values at BCA’s auctions during January as the sector continues to compete for a wide range of vehicle stock to fill their forecourts.
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Latest News 21 FebMobility services drive demand for new range of remarketing services
The remarketing industry will be forced to adapt to support the growth of mobility services, says the Vehicle Remarketing Association (VRA).
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Supplier News 13 FebVRA warns of potential EV ‘charging crisis’ for remarketing companies
The Vehicle Remarketing Association (VRA) has warned of a potential “charging crisis” for remarketing companies as electric vehicles (EV) start to enter the used market in greater volumes.
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Supplier News 7 FebCargiant renews Aston Barclay exclusive remarketing contract
Cargiant has renewed its exclusive remarketing contract with Aston Barclay to continue a relationship which has delivered £87 million of used car sales in the past five years.
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Used Cars 6 FebEV and used car supply central to 2020 success, dealer survey finds
Supplies of EVs and used cars, consumer demand and efficiency issues will all impact car dealers in 2020, with 54% anticipating increased pressure on profit margins according to a Cox Automotive sentiment survey.
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Supplier News 3 FebCD Auction launches ‘on the move’ used car stocking app
CD Auction Group has launched its used car stocking app as it looks to back-up predictions that the number of vehicles sold off-site will soar to 50% in 2020 following.
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Used Cars 31 JanAston Barclay reports 8.5% rise in 2019 used car values
Aston Barclay has reported an 8.5% rise in the value of used cars in 2019 as every single market segment delivered a price increase.
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People News 31 JanMercedes-Benz UK's Sally Dennis appointed used cars and remarketing director
Mercedes-Benz UK has appointed Mercedes-Benz Financial Services’ customer operations director Sally Dennis as its new used cars and remarketing director.
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Used Cars 30 JanUsed car market bucks January trend with 0.6% price rise
Used car dealers’ efforts to “buy up as much stock as physically possible” saw January buck an eight-year trend of declining January values with a 0.6% increase, Cap HPI data has indicated.
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Supplier News 27 JanCD Auction Group to sell half of cars off-site
CD Auction Group expects its off-site remarketing services will handle half of all the vehicles it sells in 2020, reducing the need for vehicle movements.
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Used Cars 22 JanNAMA survey predicts rising values for used hybrid vehicles
The National Association of Motor Auctions’ (NAMA) monthly market attitude survey has indicated that many remarketing specialists anticipate a rise in the value of used hybrid vehicles during January.
