Cap HPI has appointed Ian Denny as its head of digital media sales as it focusses on growth in areas which are “are transforming the automotive industry”.
Paul Bennett, former director of international business development at Cap HPI, has joined Autofutura as its director of business development.
The level of pre-registration increased 46% in 16/16 plate volumes during June.
Dramatically increased pre-reg activity is leading to a “confused marketplace” for new and nearly new vehicles, according to Cap HPI.
The pace of decline in used values is accelerating, with prices in May falling 1.9% so far.
Cap HPI has further strengthened its industry insight team to support its international ambitions and UK operations.
Vehicle history check expert HPI has launched a recall check service to help used car buyers to make even safer purchase decisions.
Automotive technology solutions provider Cap HPI, has been chosen to confirm the quality of dealer group Macrae & Dick’s stock with HPI and NMR checks.
Pressure from pre-registrations and continued new car offers pushed used values down by 1.4% in April, according to CAP HPI.
The supply of used LCVs is to increase by 48% by 2019.
Personal contract hire (PCH) has grown from 5% to 7% of the new car finance market, according to Finance and Leasing Association (FLA) data, obtained by AM.
Cap HPI is expanding its senior editorial team into a centralised data and knowledge hub for international markets, moving Adrian Rushmore to a global role.
Convertibles and city cars outperformed the market by increasing their value in a used car climate of decreased margins but “healthy demand”, Cap HPI has reported.
Where do you go from a record year? It appears to be a key concern for the industry and an issue that encompasses everything from used values to dealer margins.
Used car dealers are being urged to make vehicle history checks standard on all stock.
Strong demand drove up used values by an average of 0.4% in February.
The RAC is preparing to offer the motor trade market history checks for a £1 in an attempt claim a share of a market it believes is worth up to £25 million a year.
More than a fifth of used car customers now ask dealers for proof that they have validated a vehicle’s mileage, reports a new survey* from HPI.
Former HPI head of automotive finance Darren Greenyer has joined Raphaels Bank as deputy head of lending.
January saw consumers out searching for and buying used cars in large enough numbers for high supply volumes not to be much of an issue.
