Ireland-based City Auction Group is due to open a specialist automotive remarketing centre at Rockingham Speedway, Northamptonshire, this month – its first site in the UK.
The new centre will hold corporate auction events on behalf of major FN50-listed contract hire and leasing companies, financial institutions, daily rental companies and motor manufacturers.
City Auction Group has seen significant growth over the past five years, opening centres in Dublin, Belfast and Omagh.
Michael Tomalin, managing director of City Auction Group, said: “In just a short time, we have established ourselves as the largest auction firm in Ireland.
“We have established partnerships with many of the large corporate vendors and have consistently supplied a wide range of quality vehicles to franchised and independent dealers.
“All our auction events have been supported by cutting-edge technology, including innovative apps for tablets and smart phones, enabling dealers to bid and buy vehicles, wherever they are globally.
“We provide buyers with video footage, supported by a suite of digital images and a mechanical health check for every vehicle, no matter the age, profile or condition.
“Our transparent and credible platform enables us to provide a highly-professional vehicle remarketing solution for vendors.
“We are very excited about the launch of our new super centre at Rockingham Speedway.
“It represents our first foothold on the mainland and will provide us with a spring board to launch further expansion across the UK over the coming years.
“Rockingham is a great central location and, with more than 100 acres at our disposal, we are able to offer customers unrivalled auction and defleet facilities, including vehicle storage, inspection, refurbishment and vehicle handover.”
City Auction Group is holding its inaugural auction event at Rockingham on February 5 at 10am.
More than 500 corporate vehicles from 25 corporate vendors will be offered, with dedicated sections from Lex Autolease, Semalease, Peugeot & Citroen Financial Services, Avis and Budget.
The physical auction will be supported by an IOS/Android live bid and auction app for smart phones and tablet devices.
A dedicated soft seated live bid lounge is being introduced as another new initiative for the group.