Auction house BCA is reporting a strong first quarter of 2024 with several significant business wins and renewals early in the year
City Auction Group has appointed four new senior members of its team following record growth over the last year.
The BMW 1 Series was one of the most desirable used cars in March, according to new auction data from Aston Barclay.
The auction market is proving resilient with prices achieved and conversion rates showing healthy levels of demand, according to NAMA.
Family-run Carco Group is extending its partnership with Aston Barclay after six years at its local Westbury auction site.
Chet Patel has been appointed as a new key account manager for cap hpi’s OEM consulting team.
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.
Aston Barclay has seen more signs the used EV sector is settling down in Q2 as prices fell by 1.4% (£329) to £22,100.
Dale Wyatt, Suzuki GB director of automobile, is expecting electric vehicle price parity with internal combustion engine (ICE) vehicles by 2024.
Dealer Auction, the digital wholesale marketplace, is launching a collection and processing service as part of its offering for dealer and fleet customers.
Volkswagen Financial Services (VWFS) has signed a new five year deal with Epyx to remarket all its vehicles as they reach the end of their lease periods.
Used car prices declined by 1% during April as Easter holidays delivered a seasonal drop in demand, Cap HPI has reported.
Autorola UK is set to become the European used car remarketing business’s largest operation after strong growth prompted plans to double its workforce.
Light commercial vehicle (LCV) values reached their highest point since July last year as the sector’s performance defied expectations during Q1, BCA has said.
Shoreham Vehicle Auctions (SVA) has accelerated its fund-raising for the Chestnut Tree House Hospice past £270,000 with a trio of charity car auctions held at the end of March.
Used cars ended Q1 with a third successive month of rising values at BCA auctions after what chief operating officer Stuart Pearson described as a “very encouraging start to 2023”.
Members of the Vehicle Remarketing Association (VRA) will gain insight from the Office for Zero Emission Vehicles (OZEV) head of vehicle policy at a meeting later this month.
Aston Barclay has partnered with the Energy Saving Trust to launch a new monthly electric vehicle (EV) auction - with an educational slant.
Wholesale prices for used LCVs averaged £9,851 at BCA in February 2023, with sustained buyer demand keeping values firm as the strong start to the year continued.
Competitive pricing will help drive demand for emerging Chinese electric vehicle (EV) brands when they reach UK auctions as used cars, according to Aston Barclay.