BCA could be set to face a legal case over hourly pay rates equating to as little as £2.30-per-hour for its delivery drivers.
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
Cinch, the online used car retail business, has been tipped for market leading potential amidst reports its owner Constellation Automotive Group is trying to raise £500 million of institutional funding.
BCA’s cinch online car retail platform has partnered with car dealers across the UK to launch a used car subscription offering called cinchCare.
Following the cinch platform's re-launch as an online car retail rival to the likes of Cazoo and carzam, AM Magazine's Tom Sharpe sat down with retail director, Jason Cranswick, to learn more about its new direction.
BCA's cinch customer-facing online car retail platform has struck-up a new sponsorship deal with the Northampton Saints rugby team as Suzuki GB renewed its status as MK Dons’ ‘title partner’.
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.
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.
BCA has been met with a backlash from car dealers following its decision to relaunch its cinch marketing platform as an online car retailer perceived to be in direct competition with its traditional remarketing customers.
BCA’s 121-acre car storage and preparation facility in Corby has been sold in a deal worth £68 million.
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 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 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”.
The board of BCA Marketplace has given its backing to a takeover bid from private equity firm TDR which values the group at £1.9 billion.
TDR Capital is in advanced talks to buy BCA Marketplace for £1.9bn.
Strong competition for used car stock drove average values to a record £10,141 at December’s auctions, BCA Pulse has reported.
BCA Fleet Solutions will manage the appraisal and refurbishment of up to 55,000 BMW UK used cars each year at a newly-opened facility in Corby.
BCA Marketplace has “exceeded expectations” with a set of interim results which revealed an increase in UK remarketing revenues of 23.5% during the sixth month period to September 30.
BCA Marketplace’s executive chairman, Avril Palmer-Baunack, won the Outstanding Achievement as the remarketing specialist also claimed the Carrier of the Year awards at the seventh annual Automotive Global Awards.
Used LCV values rose to their second highest level in the history of BCA’s Pulse Report during September – with a month-on-month price rise of 5.4%.
