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.
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 combined challenges of the coronavirus pandemic and Brexit are making long-term planning almost impossible in the remarketing sector.
BCA is promising to provide car retailers with "increased selling opportunities and efficiencies" with the launch of a new Retail Ready used car stocking channel.
BCA has reported that “exceptionally strong interest” in LCVs saw vehicles selling for an average of 13% over guide value expectations during August.
Vehicles from Arnold Clark, Bristol Street Motors, CarShop, Cazoo Part Exchange, John Clark Motor Group and Sinclair Group will be among those featured in a new Saturday online sales programme from BCA.
BCA used car auctions delivered average sales entries of over 6,000 vehicles in August as average sold values continued to decline amid “stable market conditions”.
Car supermarket AvailableCar has signed a five-year disposal agreement with independent vehicle auction G3 Vehicle Auctions.
Manheim has confirmed that its auction sites will re-open for COVID-secure used car viewings from Monday (September 14).
Aston Barclay has launched a new dedicated LCV sale at its Donington Park site, as part of its expanding focus on commercial vehicles.
BCA has updated its Buyer app to include a new feature that allows dealers to leave proxy bids on any number of vehicles in forthcoming sales.
Shoreham Vehicle Auctions (SVA) has welcomed physical buyers back to socially-distanced auction halls after preparing its locations to limit COVID-19 transmission.
G3 Vehicle Auctions has revealed plans for a new 14-acre ‘vehicle marketplace’, located off junction 32 of the M62 in Yorkshire, as part of its expansion.
Marshall Motor Group has agreed a new, three-year deal with vehicle remarketing provider, Manheim.
Cox Automotive’s monthly Dealer Sentiment Survey has found that more than a third (37%) of UK car dealers are stocking older vehicles in the wake of COVID-19 lockdown.
Used car values at BCA’s auctions remained stable during July as 30% increase in volumes sold at its UK sales are met with strong appetite among retailers.
Cox Automotive has reported signs of pent-up demand in the used car market after its auctions went wholly online due to the COVID-19 pandemic.
CD Auctions has welcomed former Citroen UK managing director Karl Howkins as its new MD as part of a bid to accelerate its “plans and ambitions for the future”.
Soaring demand for vans after COVID-19 triggered a home delivery shopping culture across the UK triggered a 20.8% rise in used values during Q2, according to Aston Barclay.
