Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
Strong demand for used diesel vehicles has resulted in a 5.6% increase in values during Q1 as part of an apparent resurgence in popularity, according to data published by Autorola.
Aston Barclay has announced two senior appointments to head up its new Digital Solutions business, based in the group’s new mega auction centre in Wakefield.
Motorline and BCA combined to raise over £2,700 for Air Ambulance Kent Surrey Sussex with a charity auction at Motorline Mega Sale at BCA Paddock Wood.
City Auction Group has strengthened its senior management team with the appointment of three new directors, a new chairman and chief executive.
Halliwell Jones has agreed a new two year deal with BCA to remarket 3,500 vehicles annually at BCA Preston.
BCA has staged its first auction sale specifically for Ultra Low Emission Zone (ULEZ) compliant electric vehicles (EVs) and plug-in hybrids (PHEVs).
BCA’s monthly Pulse Report has revealed that the average price of a used car offered at auction rose by 3.3% year-on-year during February – a rise of £322.
Robins & Day has re-signed its solus disposal contract with Aston Barclay under its new group used car brand of By PSA Retail.
Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
Used car values declined during February for the first time since 2008 as car retailers begun to show signs of "reluctance" to squeeze their profit margins any further, according to Cap HPI.
BCA is reporting strong demand for luxury, prestige and supercar vehicles early in the year following a special Top Car sale
BCA’s monthly Pulse Report has revealed that used car volumes rose ‘significantly’ in January as average values returned to more typical levels following the seasonally affected values recorded during December.
Cox Automotive has reported that volumes of nearly-new diesel vehicles declined in January as the used car sector showed stability by “following its normal seasonal pattern”.
City Auction Group and G3 Remarketing have both celebrated record years at their respective vehicle auction facilities during 2018.
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.
Santander Consumer Finance will offer a wholesale finance facility at Aston Barclay sites.
City Auction Group sold 450 cars in three hours at its refurbished Rockingham site, which now features two lanes.
A price rise of 15.5% during 2018 propelled petrol-powered used cars to record levels, according to online remarketing specialist Autorola.
