City Auction Group is holding its inaugural auction event at Rockingham Speedway, Northamptonshire today (February 5, 2015).

The firm will be offering more than 450 corporate vehicles from 25 corporate vendors featuring dedicated sections from Lex Autolease, Semalease, Peugeot and 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.

Michael Tomalin, managing director of City Auction Group said: “We have had fantastic feedback from vendors and dealers alike, following our launch on the mainland last month.

“We have a massive range of cars on offer, across all segments and price bands.  Dealers will able to take part in our physical auction on the day, or use our innovative auction app.”