Fleet remarketing - Page 28

Citroën has chosen Autorola UK as its online remarketing partner to open up its dealer network used vehicle stock to more than 2,000 trade buyers across the UK.

BCA has unveiled a major expansion in the Netherlands, moving to larger purpose-built premises in Barneveld with additional testing, preparation and inspection facilities and acquiring Fleetselect Online Car Auctions.

SMA Vehicle Remarketing has underlined its commitment to increase their presence in the commercial vehicle remarketing with the appointment of John Harland as business development manager and auctioneer.

Manheim has re-launched its Leeds centre this week, following a six-figure investment.

The Hyundai i40 was the fastest selling used car last month, taking an average of 28 days to sell, according to Glass’s.

Vauxhall models, including newcomers such as the Insignia and Mokka, have found favour with independent residual value experts.

Hudson Kapel Group is maintaining and enhancing its investment strategy for its vehicle remarketing arm, Hudson Kapel Remarketing, established just over a year ago.

Manheim has acquired Lanarkshire-based Shotts Motor Auctions.

Average values for commercial vehicles reached record levels for the third consecutive month according to BCA’s latest figures.

The Vehicle Remarketing Association (VRA) has confirmed dates and venues for two key events in 2014.

Tim Spencer will be joining Shoreham Vehicle Auctions as their commercial vehicle manager on March 1, 2014 to help grow its commercial vehicle division.

Pool Fleet Management is a valuable tool to maximise efficiency in fleet operations and ensure managers know the location and status of the vehicles in their fleets at all times.

The supply of used cars into the wholesale auction market should start to pick up in the next three months, according to CD Auction Group.

Aston Barclay has launched three new products to increase its online portfolio and complement its existing services.

Employees at BCA Measham Commercials are celebrating after the company was named best performing auction centre over the past 12 months by major customer Enterprise Rent-A-Car.

A BMW sale at Manheim's Colchester site reached £12.4 million at an event that saw almost 800 people register online and in the halls.

Aston Barclay Prees Heath, the auction Group’s Shropshire-based vehicle remarketing centre, is to re-launch its award winning auction centre following completion of a £375k investment and refurbishment programme.

Manheim Auctions’ implementation this month means that all of the UK’s leading motor auctions now interface with epyx’s 1link Disposal Network.

Average values for commercial vehicles continue to rise, as January 2014 posted the highest figure on record according to BCA’s latest figures.

Fleet and Lease residual values were up 8.1% year on year in January, according to BCA’s latest Pulse report.

Glass’s has launched a tool that will give the fleet and finance industries the ability to connect directly with dealers to remarket vehicles more efficiently.

The Vehicle Remarketing Association (VRA) is urging manufacturers to plan ahead for the time when vehicles supplied with a personal contract plan (PCP) are returned.

Manheim has unveiled its new direct trade sales channel, Manheim Online.

CD Auction Group has relaunched its pool fleet management portal with a fresh look to its home page and more intuitive workflow.

SMA Birmingham’s regular fleet sale will be expanded from the start of February 2014, with vehicles from Lex Autolease.

BCA has announced a rollout of its new Commercial Vehicle Video Appraisal service in 2014.

Van values increased by 5.5% during 2013, despite a significant rise in their age, according to market analysis from Manheim.

Average used car values at BCA rose sharply last year as the combination of buyer demand and an ongoing shortage of retail quality stock increased competition for the vehicles on offer.

Data from the National Association of Motor Auctions shows the average value of used cars sold at auction across the board increased 10.4% from £5,413 to £5,975 in December, as the average age and mileage of stock sold improved slightly.

The average values of used LCVs at auction across the board increased by 5.4% from £4,512 to £4.757 between November and December, according to the National Association of Motor Auctions (NAMA).

The average price of a de-fleeted car at auction increased by £178 during 2013, according to data from Manheim’s monthly Market Analysis

BCA reports a record year in 2013 as sold volumes rose well above 600,000 units for the first time.

December 2013 achieved the highest monthly average used car values, according to the latest BCA Pulse report.

The Independent Automotive Aftermarket Federation (IAAF) and its members have raised more than £85,000 for motor trade charity BEN in 2013.

Glass's expects frenzied trade activity for used stock in January as leasing defleet activity slows at the end of the year.

The wholesale used car market could be moving towards a ‘perfect storm’ of tight vehicle supply and rising retail demand, says Roger Woodward, managing director of online remarketing specialists, CD Auction Group.

Average fleet prices dropped £201 month on month in November to £8,545, according to G3 Remarketing.

During November, the average value of used cars sold at auction across the board increased 4.1% from £5,199 to £5,413, while the total volume of sales dropped 11.8% from 107,678 units to 94,957 units, according to the National Association of Motor Auctions (NAMA).

The Jeep Patriot has taken first place in Glass’s league of fastest selling cars for November, taking an average of 25.6 days to sell.

As average used car values have surged to record levels during 2013, BCA suggests next year could bring more of the same in the used car market as the availability of retail quality used cars is likely to remain limited.