Manheim has secured a contract with Peter Vardy for the Scotland-based dealer group to remarket at least 4,000 unwanted vehicles annually through its auctions.
Premium SUVs and saloons from the likes of Lexus, BMW and Land Rover are the most in demand vehicles at Aston Barclay’s physical and online auction channels in August.
Cox Automotive has warned car retailers to brace themselves for a tough September and Q4 as the new EU trade agreement, a logistics “wages war” and evolving consumer habits present further uncertainty.
A new online platform has launched that showcases stock from all National Association of Motor Auctions (NAMA) members in one place.
The UK’s ‘pingdemic’ of self-isolation alerts is combining with recruitment issues to cause staffing shortages across the remarketing sector, the Vehicle Remarketing Association (VRA) has said.
Premium SUVs and used sports cars are the most in-demand stock in July across Aston Barclay’s physical and online auction channels.
Cox Automotive International president Martin Forbes said the business has signalled its intent to “significantly extend our mobility capabilities in Europe” with the acquisition of FleetMaster.
BCA has questioned “sensationalist” media coverage of used car price growth, arguing that wholesale values have only seen subtle changes.
Arnold Clark has launched a new weekly dealer sale at Aston Barclay’s Prees Heath site as part of an extended remarketing agreement.
Cap HPI has underlined the importance of its live valuations service as the pace of wholesale used car price rises continued with a 13.5% increase in the past three months.
British Car Auctions (BCA) is utilising robotic process automation (RPA) to help improve process handling and customer service.
Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.
Franchised car retailers and their manufacturer partners have been warned that they are at risk of losing the battle for the used car market as emerging online disruptors assert dominance in stock acquisition.
The introduction of Clean Air Zones (CAZ) is a vital step towards the Government achieving its plans to phase out both petrol and diesel cars by 2030 to reduce emissions and combat climate change.
Aston Barclay has released its June used car desirability index with SUVs remaining the most in demand used car with UK buyers.
Constellation Automotive Group will expand the used car stocking and preparation capacity for BCA and cinch following the £80 million acquisition of Rockingham Motor Speedway.
Constellation Automotive Group has switched the focus of its Corby used car preparation centre from Cazoo to its own cinch online retail offering – delivering a potential 30,000 cars per year.
Aston Barclay has ranked the UK’s 25 most desirable used cars to showcase the capabilities of its new desirability index.
Carzam is poised to launch an online used car buying platform as retailers seek solutions to the stock shortage issues that are causing vehicle values to soar.
BCA has said that it is “confident” of the legality of its operating model and commercial relationship with its self-employed contractors – suggesting the model delivers mutually beneficial flexibility.
