Fleet remarketing - Page 19

The market for used commercial vehicles is set to remain strong through 2018, according to experts at Cap HPI.

Meridian has appointed Russell Brooke as its “first ever” remarketing manager, in response to increasing its fleet to 400 units.

Automotive data expert Cap HPI has promoted James Pass to the role of head of finance (sales).

BCA Newcastle will hold an additional weekly sale, next year, to meet growing demand from customers.

Values of ex-fleet and lease LCVS sold through BCA in November remained near record levels despite a slight month-on-month decline.

BCA has appointed Stuart Gibbons as director of buyer services.

Average values for ex-fleet and lease cars sold at BCA in November remained near record levels.

The outcome of Brexit negotiations is hanging over the economy, creating uncertainty that makes business planning very difficult, says chairman Glenn Sturley.

Partridge of Hampshire, an independent retailer representing both BMW and MINI in Chandlers Ford has partnered with BCA in an exclusive remarketing deal.

West Way Nissan is the latest dealer group to sign up to sell used-cars at what is now known as ‘Dealer Tuesday’ at Aston Barclay’s new Donington Mega Centre.

A new partnership announced between International Vehicle Solutions – Cars Recon’s new UK company – and Northamptonshire-based SMART repairer Trim Perfect.

Ancaster Group, the South East-based dealer group, has renewed its deal with BCA to remarket its non-retail used vehicles for a further two years.

Slowing retail demand and an increase in wholesale stock availability pushed used car values down by 2% in November, at three years 60,000 miles.

Picking the right colour for the model of van can lead to a used value premium of nearly 7% over a white equivalent, says Cap HPI.

The number of trade buyers using Epyx’s 1link Disposal Network platform has passed 2,000 for the first time.

Aston Barclay has seen volume of used hybrid and electric vehicles going through its auctions double in just over a 12 month period.

A new deal with City Auction Group is the first major piece of business to be completed by International Vehicle Solutions – Cars Recon’s new UK company.

Values of ex-fleet and lease LCVs rose £293 (3.9%) at BCA in October to a record £7,784.

Automotive data expert Cap HPI has promoted John Dennis to the role of UK sales director.

Internet and ‘experience centres’ planned to sell used cars but UK launch date still not disclosed.

A comprehensive vehicle history is the number one factor for trade buyers when acquiring used cars and vans online, new research from Epyx shows.

The sale attracted nearly 200 registered buyers and nearly 700 vehicles sold for a 91.3% conversion.

BCA has announced the appointment of James Hopkins as the new managing director of BCA Fleet Solutions, effective from November 27.

Automotive data experts at Cap HPI expect used car value movements to remain relatively stable for the next five years.

Gain Solutions’ inspect and collect inspection software has "reduced driver disputes" for CD Auction Group.

A new, safety sub-committee is to be formed by the VRA to look at safety issues in the remarketing sector, with a special emphasis on auctions.

Burrows Motor Group has agreed a solus remarketing deal with Independent Motor Auctions in Leeds.

Jemca Car Group operates seven Toyota and four Lexus dealerships around London.

The north-west and midlands-based dealer group has announced a new remarketing partnership for cars and commercial vehicles.

It will see the commercial vehicle auction company remarket 7,000 vehicles for Network Rail over three years on a sole supplier basis.

Average used car values in the fleet and lease sector rose by 2.3% to a record value of £10,778 in September, according to BCA.

Chris Cummings, head of tax at automotive consultancy ASE Global, will be providing a complete rundown for attendees.

80% of dealers have seen a change in consumer attitudes towards diesel, and a further 86% say they expect this to continue into 2018

The redeveloped centre welcomed more than 1,400 visitors, both to the lanes and online, for its first four auctions held between September 25-29.

Dealer group Steven Eagell has renewed its exclusive remarketing partnership with BCA for a further year.

Satnav address records and Bluetooth phone information stored on used cars and vans are set to create a headache for remarketing companies.

Cap HPI has cited a better than average performance from diesel vehicles for this time of year for the past three months in a row (July – September).

BCA has reported strong demand across its Scottish network throughout September, with sales records set at BCA’s remarketing centres.

Petrol vehicles values moved up by 0.7% and diesels saw the average values increase of 0.3%.

CD Auctions, based in Corby, has been acquired by Arctos Holdings, owners of SMH Fleet Solutions and Hudson Kapel.