Used car values have fallen by 2.2% this month as retail and trade demand is affected by the Coronavirus crisis, according to Cap HPI.
Manheim UK, part of Cox Automotive UK, suspended all of its physical auction programmes to comply the with Government restrictions at the start of this week.
First time conversion rates continued to hold their own in December at 85.5%, data from Manheim shows.
Fleet volumes at Manheim increased by 8.2% year-on-year and 22% month-on-month in October, reports Cox Automotive.
87% of vehicles sold first-time at Manheim in September as demand for stock exceeded supply in September wholesale market.
Manheim has announced a new five-year deal with Big Motoring World to remarket 50,000 part-exchange vehicles on a sole supplier basis
Allen Ford has renewed its contract with Manheim to auction 5,000 vehicles a year.
Manheim has revealed a five-day mega event with over 1,000 vehicles from Marshall Motor Group, as dealers look to capitalise on used stock.
Halliwell Jones has agreed a new two year deal with BCA, while Manheim has renewed its long-standing partnership with Group 1 Automotive until the end of 2019.
Vehicle values remained steady in a “buoyant” wholesale market in February, according to Cox Automotive.
Manheim has renewed its partnership with Hendy Group for a further four years, marking 17 years of collaboration.
Incident management provider FMG has appointed Dave Parry as its new commercial director, following Harvey Stead's promotion to managing director last year.
More than 1,100 vehicles have been remarketed for one of the UK’s largest Vauxhall groups since May this year, achieving an average 91.8% Cap Clean.
Demand for used cars has remained high in October, with strong residual values for ex-fleet vehicles.
The last few places are available for Vehicle Remarketing Association’s (VRA) free seminar, “The Challenges of 2019"
Manheim is to provide inspection and reconditioning services to support ALD Automotive’s digital sales channel.
Manheim has announced the appointment of Tamara Brown to its sales leadership team.
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.
Arval has signed an exclusive remarketing contract with Manheim to deliver services for 10,000 vehicles a year.
Demand for used diesel vehicles is growing, with cars attracting higher prices at auctions and selling four days quicker than they did last year.
Fleet News offers a range of reports, whitepapers, in-depth features and manufacturer brochures to enhance fleet decision-makers' understanding of key issues and products.
Fleet News is published monthly, in print and digital formats.
Register now to see if you qualify for a free subscription.