BCA’s online car selling platform cinch has signed a four-year deal to become the new title sponsor for the Lawn Tennis Association’s (LTA) Queen’s Club Championships.
Car auctions have indicated that it will remain business as usual for stock-sourcing dealers during the latest COVID-19 lockdown across the UK.
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.
Online vehicle remarketing company Adesa UK has appointed Eddie Thomson as its new head of business development.
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.
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”.
Female business leaders from across the automotive sector have formed the Vehicle Remarketing Association (VRA) "Lillies" fund-raising team to generate cash for BEN.
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.
BCA has introduced a digital click and collect service for auction purchases, to meet the changing needs of customers in the post-Coronavirus market.
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.
Members of the BCA human resources (HR) team have raised more than £3,500 for the NHS, after undertaking a sponsored walk, run and cycle during COVID-19 lockdown.
Before the lockdown, many of the UK’s largest motor auction and remarketing companies were enjoying successes in signing deals. Now, as the sector gears up to return to normal, they are well placed to support the recovery.
BCA has announced a new fortnightly programme of online Top Car sales following successful events staged in May and earlier this month (June).
