Increasing numbers of used car dealers are turning to the classifieds and lower grade stock as demand continues to outstrip supply, according to Manheim.
Aston Barclay has employed the services of Amazon's Alexa voice command platform to share details of its auction programme to buyers in what it claims is a 'sector first'.
Used car values rose in November as “buyers competing strongly for stock both in-lane and via BCA Live Online” drove stiff competition for stock through BCA.
Manheim has promoted Matthew Davock as director of commercial vehicles from his previous role as head of LCV.
BCA Fleet Solutions will manage the appraisal and refurbishment of up to 55,000 BMW UK used cars each year at a newly-opened facility in Corby.
Cambria Automobiles and BCA agreed on a three-year exclusive remarketing deal which will see around 6,000 vehicles a year sold in weekly sales at the Blackbushe auction centre.
KAR Auction Services is to acquire CarsOnTheWeb (COTW), extending its European footprint and technical ability to manage cross-border sales.
BCA Marketplace has “exceeded expectations” with a set of interim results which revealed an increase in UK remarketing revenues of 23.5% during the sixth month period to September 30.
The Vehicle Remarketing Association (VRA) announced during its annual 'Challenges of 2019' conference that Sam Watkins will succeed Glen Sturley as its new chairman.
Fleets will continue to delay disposal of their vehicles until next spring as many await an end to the emissions taxation uncertainty surrounding WLTP, ADESA Remarketing has said.
Shoreham Vehicle Auctions (SVA) has called for south coast used vehicle dealers to donate any unwanted running vehicles or part-exchanges to its charity auction for The Chestnut Tree House.
BCA Marketplace’s executive chairman, Avril Palmer-Baunack, won the Outstanding Achievement as the remarketing specialist also claimed the Carrier of the Year awards at the seventh annual Automotive Global Awards.
Aston Barclay raised £1,400 for the Royal British Legion in a Remembrance Day sale at Donnington Park.
LSH Auto UK has renewed its relationship with BCA in a two-year deal that will see 6,000 vehicles remarketed annually through weekly sales in Brighouse and Nottingham.
A race for vehicle refurbishing services could be sparked by used car stock shortages which are leading car dealers to downgrade the condition of stock they are buying to fill their forecourts, according to the Vehicle Remarketing Association.
Aston Barclay announced the appointment of former Inchcape UK used car director, Cliff Deller to the position of group remarketing director.
Aston Barclay has completed a deal to open a new auction centre at Wakefield’s Photon Park, a 16-acre site set to sell 50,000 in the coming year
BCA has confirmed plans for an additional Glasgow-based remarketing facility amid “ambitious” Scottish operations expansion.
Used vehicle values are being artificially inflated as competition hots up amongst buyers for nearly new and ex-fleet stock amid WLTP-related new car shortages, according to Shoreham Vehicle Auctions (SVA).
Used LCV values rose to their second highest level in the history of BCA’s Pulse Report during September – with a month-on-month price rise of 5.4%.
