Data from the major motor auctions shows that ex-fleet stock is failing to reach the values of a year ago, although dealer part-exchanges are faring better.
BCA Marketplace plc is aiming to continue in its bid to offer “joined-up services” for its customers with the acquisition of Ambrosetti – specialist in the preparation of new and used vehicles.
Motorpoint is said to be on the brink of floatation on the stock market after being buoyed by the performance of the Auto Trader Group.
BCA Marketplace plc has made Mike Pilkington Chief Operating Officer of BCA Services as the business aims to implement its “ambitious plans”.
BCA Marketplace saw its revenues increase by 20% to £525.8 million, but profits were dulled by its acquisition of SMA Group for £42m this summer.
BCA Marketplace’s performance since its acquisition has been described as positive this morning in a trading update for the second quarter of 2015.
