LSH Auto UK has renewed its relationship with BCA in a two-year deal that will see 6,000 vehicles remarketed annually through weekly sales in Brighouse and Nottingham.
A race for vehicle refurbishing services could be sparked by used car stock shortages which are leading car dealers to downgrade the condition of stock they are buying to fill their forecourts, according to the Vehicle Remarketing Association.
Pendragon has projected full-year financial results delivering a further 17.2% decline in underlying profit before tax in an interim management statement revealing declines in turnover and profit during Q3.
Manheim has forecasted a buoyant end to 2018 for the used car market following an uplift in buyer activity during September - describing demand for the right stock as "supercharged".
Cap HPI has warned that large car retail groups that inaccurate vehicle data could be costing their business £117,000 a year in findings from a profitability study carried out in partnership with the Institute of Transport Studies.
The founders of CarWizz have claimed that the new online retail platform will return the control of customer relationships to retailers and reduce ageing new car stock without resorting to a "race to the bottom".
Aston Barclay announced the appointment of former Inchcape UK used car director, Cliff Deller to the position of group remarketing director.
Aston Barclay has completed a deal to open a new auction centre at Wakefield’s Photon Park, a 16-acre site set to sell 50,000 in the coming year
The Independent Motor Dealers Association (IMDA) is aiming to grow its membership to 500 before the end of 2018 after celebrating its first 12 months in operation.
Used car values fell by 5.4% at auction during September according to the National Association of Motor Auctions.
BCA has confirmed plans for an additional Glasgow-based remarketing facility amid “ambitious” Scottish operations expansion.
Used vehicle values are being artificially inflated as competition hots up amongst buyers for nearly new and ex-fleet stock amid WLTP-related new car shortages, according to Shoreham Vehicle Auctions (SVA).
Cap HPI has revealed plans to launch a wave of new real-time data tools and insight after adding agility to its new product development with the launch of a new automotive data science team.
The Mercedes-Benz GLA Class emerged as the top performer in Auto Trader's monthly fastest-selling used car rankings for the first time in September – taking an average of 15 days to leave dealer forecourts.
Cartime is set to expand its used vehicle operations in Bury with the creation of a £1.2 million specialist used 4x4 showroom facility.
Average prices of cars reached a new record high in quarter three, according to Autorola’s latest used market report.
Aston Barclay has expanded into the consumer car buying sector with the completion of its acquisition of The Car Buying Group (TCBG).
Sytner Group's CarShop used car supermarket operation has opened a £100,000 Technical Training Centre at its preparation centre in Leighton Buzzard.
New car registration data released by the Society of Motor Manufacturers and Traders (SMMT) for September saw a quantum shift from the August return that saw such an uplift in registrations.
Sytner Group recorded a 9.3% decline in profit before tax as it generated a record turnover during 2017, annual financial results have revealed.
