The average UK car dealer saw a year on year profits rise 50% to £9,000 in April, according to the latest data from ASE, the dealer profitability specialist. The improvement
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Dealer profits rise 50% in April but return on sales fall
New services designed to make ex-fleet stock ready to retail
New services to be added to epyx’s 1link Disposal Network during the second half of 2016 are designed to make ex-fleet stock ready to retail for dealers. Repair, imaging, MOT
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Glass’s name top five optional extras worth having
Valuations experts Glass’s have named the top five optional extras that add value when it comes to selling your car. Rupert Pontin, director of valuations, said that few options increased
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Glass’s Comment on New Car Registrations
Rupert Pontin, director of valuations at Glass’s said: “The May new car registration results show a consistent market increase more in line with the level that Glass’s expect for the
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KAR Auction Services Announces Acquisition of GRS Remarketing
KAR Auction Services (NYSE: KAR), a provider of end-to-end vehicle remarketing services, announced today that the company has acquired GRS Remarketing Limited (GRS), a subsidiary of Greenhous Group Limited. “During
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Used market for high value cars hit by BREXIT fears
Potential buyers of higher value used cars appear to be holding back until the outcome of the EU referendum is known, according to the UK’s leading vehicle data provider, Glass’s.
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Businesses encouraged to run Brexit stress tests
Remarketing firms and the wider business community have been urged to run stress tests on their operations in case Britain votes to leave the European Union. Headlining the Vehicle Remarketing
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BCA appoints new strategic development director for Europe
BCA has announced the appointment of Konrad Zwirner into the new role of European strategic development director, with effect from 1 June 2016. In this new role, reporting to Jean-Roch Piat,
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Russell Allen appointed chair of epyx’s 1link Hire Network Customer Forum
Currently co-owner of Fulcrum Automotive Solutions, he has held senior positions at National Car Rental, Europcar, Helphire and Paragon Automotive. Also, Julie Griffiths has been named as deputy chair, having
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VRA Annual Conference 2016 – Wrap-up
On Thursday 19th May, over 150 delegates descended on this year’s VRA Conference – An Industry You Can Bank On – at Cranmore Park, Solihull. With great keynote speakers supported
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Used values to fall in 2016 but “not crash”
Used car values are set to decline throughout 2016 as large volumes of PCPs come off contract and hit the market. Head of valuations at Glass’s Rupert Pontin told delegates
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Impending used car flood could mean ‘these may be the good old days’
Fears about the effects of a flood of used cars in a market propped-up by PCPs could mean that we are currently living in “the good old days”, a financial
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