KAR Auction Services, the parent company of ADESA UK, has completed its acquisition of online auction business CarsOnTheWeb.
The Sytner Group's Car Supermarket Division has extended its remarketing partnership with Manheim for a further two years, including the launch of a new sales programme in Leeds.
The used car markets record-breaking performance in 2018 is expected to continue this year, predicts the National Association of Motor Auctions (NAMA).
City Auction Group sold 450 cars in three hours at its refurbished Rockingham site, which now features two lanes.
A price rise of 15.5% during 2018 propelled petrol-powered used cars to record levels, according to online remarketing specialist Autorola.
Remarketing electric and hybrid vehicles will be the focus of the Vehicle Remarketing Association's (VRA) first meeting of 2019, on January 29.
Aston Barclay has announced its acquisition of Leeds-based Independent Motor Auctions at an event launching its new Wakefield ‘Mega Centre’ and the latest developments in its digital remarketing platform.
Sytner Group's CarShop has partnered with BCA in a 12-month deal that will see up to 7,500 vehicles sold annually in weekly sales.
TC Harrison Ford and BCA have agreed on a two-year exclusive remarketing deal, which will see around 3,500 vehicles a year sold in weekly sales in Derby and Peterborough.
Manheim passed a landmark £2 million worth of sales mark with Thurlow Nunn just six months since launching a partnership with the AM100 group.
Increasing numbers of used car dealers are turning to the classifieds and lower grade stock as demand continues to outstrip supply, according to Manheim.
Aston Barclay has employed the services of Amazon's Alexa voice command platform to share details of its auction programme to buyers in what it claims is a 'sector first'.
Used car values rose in November as “buyers competing strongly for stock both in-lane and via BCA Live Online” drove stiff competition for stock through BCA.
Manheim has promoted Matthew Davock as director of commercial vehicles from his previous role as head of LCV.
BCA Fleet Solutions will manage the appraisal and refurbishment of up to 55,000 BMW UK used cars each year at a newly-opened facility in Corby.
Cambria Automobiles and BCA agreed on a three-year exclusive remarketing deal which will see around 6,000 vehicles a year sold in weekly sales at the Blackbushe auction centre.
KAR Auction Services is to acquire CarsOnTheWeb (COTW), extending its European footprint and technical ability to manage cross-border sales.
BCA Marketplace has “exceeded expectations” with a set of interim results which revealed an increase in UK remarketing revenues of 23.5% during the sixth month period to September 30.
The Vehicle Remarketing Association (VRA) announced during its annual 'Challenges of 2019' conference that Sam Watkins will succeed Glen Sturley as its new chairman.
Fleets will continue to delay disposal of their vehicles until next spring as many await an end to the emissions taxation uncertainty surrounding WLTP, ADESA Remarketing has said.
