Online vehicle auction company CD Auctions Ltd has been acquired by SMH Fleet Solutions and Hudson Kapel owner Arctos Holdings Ltd.
Average used car selling prices saw a 7.5% increase at auction in August as retailers looked to fill their forecourts for September, the National Association of Motor Auctions (NAMA) has revealed.
G3 Remarketing has agreed a new vending deal with Motability Operations, adding a "new element" to the firm’s bi-weekly Monday auction.
Manheim will open its 'UK first' double-blocking auction centre Monday September 25 at its Bruntingthorpe site, following a multi-million-pound investment.
Car dealers endure more cash flow volatility than most businesses, but good forecasting, careful stock management and good communication can calm the waters
Average used car values rose by £122 (1.3%) across the board at BCA during August, as the company reported a strong trading month.
The study, now in its third year, measures problems experienced during the past 12 months by UK original owners of vehicles after 12-36 months of ownership.
Tablet-based technology is allowing car dealers to appraise, value and provenance check a vehicle on the forecourt via a new platform delivered by Cap HPI.
Volvo Car UK has brought its Wholesale Used Car operations in-house as part of its continued drive to grow its retail network's used car business in the UK.
Aston Barclay has launched its Assured product across the group after an extensive pilot at its Chelmsford branch.
Cap HPI has responded to reports that diesel car values had seen residual value drops of as much as 26% since the start of the year - claiming that the figure amounted to "harmful scarmongering".
John Mulholland Skoda has been banned from running an advert claiming to offer a £9,500 saving on a 2016 Superb after a complainant deemed its comparison of new and used prices “misleading”.
Autorola Group has launched its Indicata business intelligence and insight software platform for used vehicle management in the UK.
Carwow has launched a free scrappage scheme checker after no fewer than 17 car manufacturers launched incentive schemes.
Average used values of popular diesel models have fallen by 5.7%, according to data from car buying comparison site Motorway.co.uk.
BCA has made changes to its Market Price valuation tool in order to “provide a greater level of accuracy for customers in every aspect of their remarketing activity”.
Consumers change their cars more often than they do their smartphones as their mindset shifts towards “usership rather than ownership”, according to HPI.
DHL has been awarded a three-year contract to manage BMW Group’s Vehicle Distribution Centre in the UK.
Kia’s Sportage was the fastest-selling used car on Auto Trader during August as it regained the title it claimed for the whole of 2016.
Pendragon is preparing to open a new Evans Halshaw Car Store in Dartford as part of its plans to double its used car revenues in 2017.
