City Auction Group has appointed Emma Woodward as the new business development manager at Rockingham as the business looks to develop new vendors for its dual lane facilities in 2019.
BCA has delivered further evidence of the soaring value of used vehicle stock for car dealers during September as average prices reached the highest level the remarketing specialist has ever recorded.
BCA will unveil a new back-to-back auction lane facility when it officially opens its redeveloped Nottingham site with a BMW Group remarketing event on October 4.
The BCA team has celebrated the successful completion of a 245-mile cycle challenge to Amsterdam’s Royal Palace, raising an estimated £100,000 for Action for A-T charity.
BCA Paddock Wood sold a record-breaking 620 vehicles during its one-day Motorline Mega sale.
A team of 52 pedal pushing BCA employees are preparing to swap the auction hall for the open road to raise funds for the Action for A-T charity on a 235-mile cycling challenge.
Lookers Group’s Taggarts franchised retail operation will remarket 2,600 cars through BCA auction halls as part of a new exclusive remarketing partnership.
BCA Marketplace executive chairman Avril Palmer-Baunack appeared on the pages of national newspapers over the weekend in relation to the payment of a £29m shares bonus branded ‘exceptionally disproportionate’.
More than 1,000 VW Group vehicles were offered for sale at BCA Perry Barr on August 21, the largest sale of its type in the auction firm’s history.
Used car prices declined by 1.8% at BCA auctions during July as a year-on-year increase of 5.5% continued to be credited to “strength in depth across the used car market”.
Apax Partners has withdrawn its takeover bid to acquire BCA Marketplace.
Pricing a car correctly is intricately linked with stock turn and profitability – we asked dealers how they hit the sweet spot
BCA Marketplace has boosted operating profits by 17.9% from £74.3 million to £87.6m in its annual results.
BCA has reported that demand from buyers continued to keep prices firm during May, with average values at near record levels.
BCA Brighouse is set to mark its 45th anniversary with a special week of used car sales in June.
Used car prices declined 0.8% at BCA auctions during April despite demand for dealer part-exchanges sending their values to above £5,000 for the first time.
BCA has sold a million vehicles in the UK in one year for the first time in its history following a 1,000 vehicle BMW/Mini 'mega sale' at its Perry Barr remarketing centre.
BCA has announced that Stuart Pearson will be promoted to chief operating officer for its Remarketing Division following the retirement of Simon Henstock.
Strong competition for used car stock saw prices rise by an average of 1.7% at auction, according to the monthly BCA Pulse report.
BCA has started the “major development” of its Nottingham remarketing and defleet centre with a new auction lane complex.
