Used car values have returned to growth after five months of decline, according to Cap HPI.
Adesa UK has partnered with QA Vehicle Solutions, expanding its defleeting operations into Scotland.
Fleet and remarketing decision-makers need to prepare for a looming volume returns challenge, MJB Automotive is warning.
New car sales in the UK have taken a hit as a result of the county’s third national lockdown, with used car sales helping to prop-up the motor retail sector.
Cap HPI has reported a 1.4% decline in used car values during January, as a result of falling demand.
Group 1 Automotive has renewed its exclusive remarketing deal with BCA to support its used car programme for a further two years.
Autorola is warning that electric vehicle (EV) prices in used value guides should be used “sparingly” based on its experience of online sales in 2020.
Copart have announced expansion plans for its Bristol Operation Centre as part of its ongoing growth programme.
Shoreham Vehicle Auctions (SVA) says it’s important for vendors to keep physical buyer options open, otherwise they risk compromising bids and used car prices.
Fiat Chrysler Automobiles (FCA Group) has launched a dedicated online auction platform to sell end-of-contract vehicles from its Leasys and FCA Bank businesses.
Cap HPI has announced that Andrew Mee is retiring at the end of the year after having spent the past seven years with the firm.
Used car values have been dropping after a summer of strong growth, but the change in prices is not the result of the current lockdown.
Cox Automotive has highlighted the opportunities for fleets and leasing companies to evolve their business models and invest in new partnerships, in its 2020 Automotive Insight Report.
The months of strong performance in the used car re-marketing sector appear to be coming to end as the market begins to soften at the end of 2020.
The facility will operate 24/7, delivering a full range of BCA’s services, including defleet and logistics, vehicle remarketing and imaging.
After two consecutive quarters of decline, the UK’s used car market increased by 4.4% in Q3, according to new data from the SMMT.
BCA’s online car retailing platform cinch has secured a £50m finance facility from HSBC and Natwest to boost its inventory
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