Manheim has has hired former Arval-BNP Paribas executive Arnaud Bosvieux as its customer relationship director.
Unseasonably low September used car stock levels drove “a super-heated wholesale market”, according to the latest Cox Automotive Market Tracker report.
Manheim has appointed Inchcape Retail’s Dean Ashworth and Kwik Fit’s John Fletcher as general managers of its auction centres in Colchester and Wimbledon.
ADESA UK has appointed Manheim’s former head if IT, Kevin Nugen, to roll-out its own “intense digital roadmap”.
More than half of used car retailers reported that they had achieved the same or improved margins during August, according to a Cox Automotive Dealer Sentiment Survey.
Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
Manheim has launched a QuickList Imagery used car imaging offer in a bid to help speed-up retailers’ online marketing efforts.
Cox Automotive has reaffirmed its full year forecast of 7.8 million used car transactions in 2019 following the release of Q2 figures from the SMMT.
Cox Automotive has sold its Real Time Communications business to its founder and senior leadership team in a management buy-out.
Cox Automotive has reiterated its prediction of a 2.9% decline in new car sales for 2019 after the publication of half-year data by the Society of Motor Manufacturers and Traders (SMMT).
Car dealers concerns about the roll-out of the new RDE2 Real Driving Emissions car testing standards in September are ‘unlikely’ to manifest themselves in a WLTP-like impact on the market, according to Cox Automotive.
Manheim has agreed a new five-year deal with used car supermarket operator Big Motoring World.
Unpredictable trading conditions prompted a drop in retail demand for 65% of car dealers, according to the latest sentiment survey from Modix.
The majority of car retailers expect at least 10% of dealerships in the UK to close within the next five years, according to the findings of the latest Cox Automotive Insight Report.
Driver1 has signed a two-year partnership with Cox Automotive, to provide cheap cars on subscription to young drivers.
Modix has announced that its managing director Darren Sinclair will take up the appointment of chief customer officer in a senior management reshuffle.
NextGear Capital has appointed Simon Baldwin to its leadership team as operations director.
JCT600 head of commercial vehicles Beryl Carney was awarded the Barbara Cox Woman of the Year Award earlier this year in recognition of her work to transform the fortunes of the Bradford-based AM100 retailer’s Volkswagen van centres.
The seeds of a different used car market 10 years from now have already been sown including fuel type changes, new funding methods and a digitised wholesale sector, according to Philip Nothard of Cox Automotive
Car dealers reported a 60% decline in demand during March as reaction to political uncertainty over Brexit the introduction of WLTP-related taxation changes caused owners to hold on to their cars for longer.
