Conversion rates are expected to increase at the UK’s car auctions during August as the number of used cars entering the market struggles to meet the demand from car dealers.
HR Owen sold more than £1 million worth of vehicles in a single sale at BCA Blackbushe this month, a new record for the dealer group.
Aston Barclay beat competition from mobile phone provider 3 and Manchester United football club to be awarded the gold award for Best Mobile Strategy at the UK Digital Experience awards.
The volatility of used car values “started to ease” with a 2.2% average rise to £9,463 in June, according to the monthly BCA Pulse report.
Car dealers concerns about the roll-out of the new RDE2 Real Driving Emissions car testing standards in September are ‘unlikely’ to manifest themselves in a WLTP-like impact on the market, according to Cox Automotive.
Aston Barclay has appointed Karl Ward, previously remarketing manager at Ogilvie Fleet, as manager of its Wakefield ‘Northern Powerhouse’.
TDR Capital is in advanced talks to buy BCA Marketplace for £1.9bn.
Manheim has agreed a new five-year deal with used car supermarket operator Big Motoring World.
Car dealers have been called upon to end unnecessary used vehicle stock value losses of up to 5% by creating a centralised national service history database.
Wessex Garages’ Mazda Bristol dealership has installed an iPad offering customers access to The Car Buying Group (TCBG) valuations portal in a bid to speed up the part-exchange process.
BCA chief operating officer Stuart Pearson has said that buoyant 2018 used car values may have created ‘unrealistic expectations’ among used car dealers after another year-on-year decline at its auctions.
Driver1 has signed a two-year partnership with Cox Automotive, to provide cheap cars on subscription to young drivers.
Cazoo has announced it has signed a number of commercial partnership agreements with BCA to meet its vehicle logistics, refurbishment and disposal requirements.
Aston Barclay has given car dealers the ability to sell unwanted or duplicate used stock at the push of a button with the launch of its new E-Xchange wholesale online used vehicle remarketing platform.
Aston Barclay is introducing a new employee wellbeing programme inspired by the mindset of special forces operatives and elite military units.
CD Auction Group has appointed Paul Barnes as buyer development manager to work across Auction and Salvage Auction.
BCA and Jardine teamed up for the biggest single dealer sale ever staged at BCA as 405 vehicles were sold generating sale proceeds of £2.7m.
Motorline has agreed to sell 12,500 used cars via BCA’s Paddock Wood auction site in Kent as part of an exclusive two-year remarketing deal.
G3 Remarketing has appointed Russell Gill to the role of buyer services manager to head up a newly-developed customer support team which focuses on buyer experience and engagement.
The rise of personal leasing has been blamed for a rise in the volume of sub-standard repair work seen on used cars by remarketing operations, according to the Vehicle Remarketing Association (VRA).
