Dealers are being offered a new data tool designed to help them increase margins, sell vehicles faster and benchmark stock against competitors.
Manheim has signed a new two-year deal with Heritage Automotive, which will see around 3,000 part-exchange vehicles offered through its Bristol auction centre every year.
Cox Automotive has reported strong used car market in February, with average selling prices delivering year-on-year rises in both the wholesale and retail markets.
Cox Automotive saw year-on-year increases in selling prices in both the wholesale and retail used car markets in January.
The Vehicle Remarketing Association has appointed Rupert Pontin, Tim Hudson and Philip Nothard as new directors on a ten-strong board.
Cox Automotive UK and Cap HPI have renewed their relationship with a new three-year contract.
RMS Automotive has appointed Sebastian Fuchs as senior sales and marketing director for Europe.
Demand for SUVs saw a seasonal boost as wholesale and retail average selling prices for used cars rose in October, according to data from Manheim and Motors.co.uk.
Motors.co.uk has targeted speed and heightened customer engagement with the launch of a new website to speed up consumers’ search for a new car.
Understanding how and why car consumers buy is essential to franchised dealers’ success online, delegates at AM’s latest Digital Dealer conference heard.
Cox Automotive saw falling days in stock and high volumes in its online and auction hall used vehicle selling platforms in September – but values were down at Manheim auctions.
Modix and Xtime join existing Cox Automotive brands in the UK, including Manheim, Motors.co.uk, NextGear Capital UK, Dealer Auction and Movex.
Former Auto Trader directors Darren Sinclair and Jonathan Williams have joined Manheim and Motors.co.uk parent company Cox Automotive in new digital roles.
Ray Sommerville has joined Cox Automotive UK as non-executive director to help drive business growth across all of its brands.
Ex-fleet car prices experienced a 4.9% price drop in May according to data collated by Cox Automotive brands Manheim and Motors.co.uk.
A ‘Women with Drive’ initiative has been launched in the UK by service business company, and owner of Manheim and Motors.co.uk, Cox Automotive.
Andy Coulthurst is to step down as managing director of Motors.co.uk to be replaced by its commercial director Phill Jones.
