Fleet remarketing - Page 16

Volkswagen Financial Services has announced plans to take over Aston Barclay’s Donington Park Mega Centre for a series of Mega Sales until the end of the year.

Average values of ex-fleet and lease cars sold through BCA in August hit record levels for the fourth time this year.

Axis Fleet Management has announced the launch of a new division, Axis Reassurance, which will bring its end of contract assets to market.

City Auction Group has announced a major investment in its Rockingham facility, which will see an upgrade of auction halls and new HQ offices.

Skoda UK has announced it is adopting the Indicata online used vehicle management system from Autorola UK.

Aston Barclay has been recognised for its mobile marketing strategy at the UK Digital Experience Awards 2018.

BCA has announced that its auction of 1,000 vehicles from Volkswagen Financial Services made in proceeds in excess of £12.6 million.

Volkswagen Financial Services (VWFS) UK is launching a new series of online car and van auctions, to dispose of unsold stock.

Rockingham Motor Speedway plans to become an automotive logistics hub, providing de-fleet, remarketing, refurbishment and storage services.

Used van values slipped from £7,463 in June to £7,221, but the longer-term trend continues to show value growth across the LCV sector.

Used diesel and ex-fleet prices continue to rise at auction, while prices of hybrids and EVs have reached an all-time high, according to Aston Barclay.

Used car values too an expected dip in July, as a result of the holiday period, but remain strong with year-on-year values rising by £501.

Leasys UK is to work with Manheim on a national sales programme until at least 2021 after signing a three-year extension with the remarketing company.

The market for ex-fleet cars could face volatility in the coming months as companies wait for the outcome of WLTP, warns Cazana.

City Auction Group has announced the launch of a new technology platform, smartphone app and website in response to corporate vendor feedback.

LeasePlan today launched its CarNext.com used car platform in the UK which allows drivers to buy, lease or finance its ex-fleet cars.

The Vehicle Remarketing Association claims that some daily rental companies are buying nearly-new cars on the used market, because of a shortage of new stock.

Vantage will dispose of around 6,000 used cars physically and online with Aston Barclay, as per a new solus remarketing deal.

Average values of fleet and lease LCVs sold at BCA fell 2.3% to £8,180 in June, still the fourth highest figure on record.

Aston Barclay will replace its Leeds site with a new 18-acre vehicle auction ‘Mega Centre’ near Wakefield.

The average prices of used diesel cars sold through the Autorola online portal rose 6.1% to £11,839 in Q2 as volume fell.

Uncertainty around WLTP, the new emissions testing regime, could create unpredictability in the used car market, warns the Vehicle Remarketing Association (VRA).

The average value of ex-fleet and lease cars sold at BCA in June achieved a record value for the third time in the past four months.

Arval has signed an exclusive remarketing contract with Manheim to deliver services for 10,000 vehicles a year.

Aston Barclay has launched a new virtual auction allowing it to sell used vehicles from anywhere.

Demand for used diesel vehicles is growing, with cars attracting higher prices at auctions and selling four days quicker than they did last year.

The AA’s used car website reveals that sales of the Focus and Fiesta have topped all other models in the past three years.

BCA has appointed David Banks as finance director of its international operations.

Cap HPI claims used car risk, while DVLA denies removing the previous keeper from the V5C should result in an increase in fraud.

Demand from dealers for nearly new stock is increasing thanks to long waiting times for many new cars, says Meridian Vehicle Solutions.

Average values fell by £70 (0.9%) to £7,502, although this is the second highest figure on record at BCA.

The agreement will see BCA provide a full range of services from defleet, refurbishment, inspection and collection, inventory management and remarketing.

Records follow an increase in used car stock levels coming into the market during May and June which show no sign of abating.

Some petrol variants could have been bought as a used vehicle, driven 10,000 miles in the past 12 months, and then sold for more than the purchase price.

Values of fleet and lease cars sold through BCA in May fell slightly but remain the third highest on record, its latest Pulse report shows.

Trade body warns with little sign of demand for used diesels falling, it could result in a potential oversupply of petrol cars in the medium term.

BCA Marketplace has rejected a £1.61 billion takeover offer from London-based private equity firm Apax Partners.

Cazana has announced its first US reseller partnership with the Robinson Advisory, to support its expansion into the US market.

Industry data and technology company Cap HPI has led industry support for MEPs who have called for new legislation to combat odometer fraud.

City Auction Group has partnered with SVS Smith Vehicle Solutions to provide the movement of vehicles purchased from Rockingham to the Irish market, within five working days.