Demand for used cars at auction has gained momentum in quarter three, with hybrid and electric vehicles (EVs) reaching their highest average prices on record.
Cox Automotive has reaffirmed its full year forecast of 7.8 million used car transactions in 2019 following the release of Q2 figures from the SMMT.
JudgeService has urged dealers to focus on improving customer satisfaction and attention to detail to help drive stock turn and avoid “book” drops.
Car buyers are increasingly purchasing used cars without seeing them in person due to a rise in online car portals, says AA Cars analysis.
BCA has responded to “significant demand from buyers” in the South West and Wales by launching a new commercial vehicle sale at the Bridgwater remarketing centre in Somerset.
CD Auction Group has appointed Paul Barnes as buyer development manager to work across Auction and Salvage Auction.
A Manheim charity auction has raised £850 for the Hendy Foundation, following a pledge to donate £5 for every car sold.
BCA and Jardine teamed up for the biggest single dealer sale ever staged at BCA as 405 vehicles were sold generating sale proceeds of £2.7m.
Used values of supermini and city cars were “hit hard” during April, according to Cap HPI, which saw an accumulated monthly drop of 2.3% at the three-year and 60,000-mile point.
The RAC brand played a part in almost three-quarters of used car purchases from retailers who are part of the Network, according to new research.
Carwow has celebrated hitting two million subscribers on its YouTube channel, following a record breaking eight months.
HR Owen has signed a new two year exclusive renewal deal with BCA to manage the remarketing of its part-exchange vehicles arriving at its network of supercar and luxury car showrooms.
Halliwell Jones has agreed a new two year deal with BCA to remarket 3,500 vehicles annually at BCA Preston.
Used sales bounced back in February according to new data from Dealerweb. Revenues increased by 6% for used sales against February 2018.
Manufacturers are repatriating increasing numbers of ex-lease vehicles back into their franchise dealer network as demand for quality used stock increases, reports epyx.
Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
Shoreham Vehicle Auctions (SVA) has revealed that demand for used electric cars and vans (EVs) at auction has increased significantly.
Dealerweb has found that dealers across the UK saw revenues grow from new and used sectors in January while finance penetration increased.
Aston Barclay Insights report has revealed that average prices of diesel and petrol vehicles in the used car market rose to a record high in Q4 2018.
Eden Motor Group has signed an exclusive two-year deal with BCA to support its used car programme.
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 12 2020
Where: Birmingham NEC
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