Cazana has launched a vehicle valuation tool enabling dealers to make “instant price decisions” based on the current retail market.
Car dealers turning to the used vehicle market amid falling new car sales have sparked at 9.4% increase in prices at auction, according to data published by Cox Automotive.
Vospers has targeted greater aftersales efficiency from its £12m supersite which is scheduled to open in Exeter later this year.
Demand for used diesel vehicles has remained strong in March with SUVs leading the charge, according to Cap HPI.
City Auction Group has announced the renewal of a three-year remarketing contact with Santander Consumer Finance's Belfast facility.
Auto Trader has reported that online searches for diesel powered used cars stabilised in March as their price failed to keep pace with their petrol equivalents.
BCA has sold a million vehicles in the UK in one year for the first time in its history following a 1,000 vehicle BMW/Mini 'mega sale' at its Perry Barr remarketing centre.
Independent retailers offering PCP funding on used cars have an opportunity to grow their sales during 2018 but may be challenged by new contract hire companies, according to Adesa Remarketing.
The Shpock online marketplace has launched its new platform for car dealers with TV advertising campaign and the promise of access to over 700,000 monthly UK users.
Prees Heath announces 6.5 acre expansion following a three-year remarketing contract from Santander Consumer Finance
Electric vehicle used values rose by 41% during Q1 of 2018 as the overall average used car value rose by 5.3%, according to Autorola.
Independent car retailer Cartime is already celebrating a bumper 2017/18 ahead of an anticipated end-of-year turnover of £34 million – 20.5% up on its previous reporting period.
Part-exchange vehicles posted strong performance at auction during March to deliver a boost to car dealers at the end of Q1, according to new figures from Cox Automotive.
Strong competition for used car stock saw prices rise by an average of 1.7% at auction, according to the monthly BCA Pulse report.
Neil Smith, operations director, Imperial Cars, outlines why he believes investment in automated processes, technology and people will improve used car profits
Scotland has welcomed its fourth Porsche showroom after Peter Vardy officially opened its new Porsche Centre Perth facility.
BCA has started the “major development” of its Nottingham remarketing and defleet centre with a new auction lane complex.
Car retailers posted a monthly loss of £18,000 in February as new car margins continued to deteriorate ahead of a disappointing month of registrations in March.
Amid news of a 10% UK showroom sales decrease since 2010, a Servicing Stop survey has revealed 64% of motorists are likely to buy their new or used car online.
Manufacturers are being urged to “learn from past mistakes” in order to capitalise on the anticipated surge of EV sales.
