New and used light commercial vehicle (LCV) sales have proved to be more than resilient to the current COVID-19 coronavirus crisis – they are thriving because of it.
V12 Vehicle Finance has secured a new auction partnership with Central Car Auctions in a bid to provide a "seamless" used vehicle proposition.
A Brexit briefing is to be provided by the Vehicle Remarketing Association (VRA) in its penultimate 2021 Outlook Seminar.
City Auction Group has appointed former TrustFord and Charles Hurst man Keith Logan as its head of light commercial vehicles (LCV).
Members of the National Association of Motor Auctions (NAMA) have told the organisation that it remains “business as usual” at their remarketing centres, despite the ongoing COVID-19 crisis.
Signs that the used car market is starting to soften are becoming apparent and UK remarketing centres with demand and pricing predictions “becoming more difficult” at each sale, according to Aston Barclay.
BCA has announced plans to develop a new 65-acre remarketing ‘mega centre’ in Bristol, with the capacity to handle over 120,000 vehicles each year.
CD Auction Group will launch a new dealer-to-dealer online remarketing platform as part of expansion plans under new operations director Andy Pearce.
Aston Barclay has confirmed it will never sell used cars to consumers in competition with its dealer customers, following the launch of rival firm BCA’s new cinch offering.
LCV demand remained strong in September as average values climbed yet again and sold volumes rose significantly, according to BCA.
Wilsons Auctions has launched a dealer stock funding service in partnership with V12 Vehicle Finance, part of Secure Trust Bank.
The Vehicle Remarketing Association will cover a range of issues impacting a 2021 new and used car market which promises to be “difficult in all kinds of ways” in its upcoming outlook seminar.
Shoreham Vehicle Auctions has pledged to raise a minimum of £10,000 for The Chestnut Tree House Children’s Hospice with its latest annual charity auctions.
BCA has been accused of “opening Pandora’s Box” by shifting its cinch online marketing platform to compete directly with its car retail customers in the online sales sector.
Online vehicle remarketing company Adesa UK has appointed Eddie Thomson as its new head of business development.
Aston Barclay has reported that the “unstoppable” strength of the used car market might be about to soften after increased post-September supplies start to reach remarketing centres.
Motorway is offering car retailers 50% off broker fees on the first two purchases made through the Motorway Pro platform during October.
BCA’s average used car sale value at auction remained above £8,000 for a fourth consecutive month after values rose by 6.9% during strong September trading.
Manheim will auction 1,000 used cars across five locations as part of a Marshall Motor Group mega-event running from October 12 to 16.
The Vehicle Remarketing Association (VRA) is hosting a series of webinars to provide a summary of next year’s prospects in the key areas of remarketing.
