The price of EVs rose by 8.7% alongside a 1.2% decline for diesel cars as demand for alternative fuel vehicles continued to increase in April, reports Manheim and Motors.co.uk.
Improved speed and efficiency were behind a £700,000 investment in a fleet of new transporters and inspection turntables by remarketing specialist Aston Barclay plc.
Manheim has seen three of its trainees graduate from its auctioneers’ academy to become ‘masters of the gavel’.
Aston Barclay has completed a £750,000 investment in its Westbury vehicle auction site.
An innovative mobile auction unit unveiled by Manheim at The Commercial Vehicle Show in 2015 has directly assisted the sale of more than £1 million-worth of vans.
BCA Wolverhampton has celebrated its official re-opening as the re-branding of former SMA centres expands its UK network to 23 locations.
G3 Remarketing will further expand its remarketing offering, just two months after securing a contract with car supermarket brand Available Car.
Aston Barclay has streamlined its online offering in the first phase of substantial investment in its IT infrastructure and online systems throughout 2016.
Over 400 vehicles were sold as Jardine staged a record-breaking sale in its exclusive remarketing partnership with BCA.
An increasing number of used car dealers are taking advantage of the PDI services offered at auction due to a “time is money” approach to stock turn, claims NAMA.
BCA has appointed Dominic Burr as general manager of its state-of-the-art Perry Barr remarketing centre near Birmingham.
BCA has announced an exclusive two-year remarketing agreement with top AM100 dealer group JCT 600.
The average selling prices of part-exchanged 4x4s rose at Manheim’s auctions in February.
Completion of BCA’s 20-acre auction site at Perry Barr is set to begin two years of growth for the remarketing specialist.
A split between 'two tribes' of trade buyers - those who buy almost entirely online and others who remain motor auction-based - is becoming increasingly apparent.
Manheim saw the lowest mileage ex-fleet cars for at least 12 months selling at its auctions in December, with vehicles sold having an average of 55,494 miles on the clock.
Aston Barclay has won an exclusive contract with Cargiant, which will see its Chelmsford auction site handle all of Cargiant’s part exchanges throughout 2016.
The National Association of Motor Auctions (NAMA) found that average sales price in November increased by 3.6% from the previous month – from £5,441 to £5,637.
Aston Barclay has teamed up with NextGear Capital with an innovative funding initiative designed to boost auction sales during some of the quietest months on the sales calendar.
NAMA has seen a 20% drop in volumes of vehicles under two years old in October, showing dealers are effectively managing near-new stock.
