Category: Remarketing News

car mechanics

Demand for used automatics and estates outstrips supply

The latest search activity analysis from Exchange and Mart reveals a steady rise in demand for automatic cars and estates, with supply not meeting demand. Reflecting a growth in demand,

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car mechanics

Ogilvie Fleet’s end-of-contract approach ‘eliminates’ customer disputes

Ogilvie Fleet says it has been successful in virtually eliminating customers questioning end-of-contract damage charges on leased vehicles. The expanding independent contract hire and leasing company with a fleet approaching

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car mechanics

BCA scraps float plans

BCA Marketplace has stopped plans for an initial public offering. It blames the decision to scrap the float it had planned for November on the instability of global markets. BCA had

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car mechanics

Surge in registrations will only fuel depreciation, says CAP

PRESSURE is on dealers to register more cars than customers want in manufacturers’ pursuit of the market share, according to CAP Automotive. The car information experts have also said this

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car mechanics

VRA Member NextGear Capital set to launch StockMaster website

NextGear Capital UK is set to launch its all-new StockMaster website, giving its used-car dealers a place to view their vehicle stocking activity. The mobile site provides dealers with the

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car mechanics

AutosOnShow.TV chosen by BMW Group for virtual auction in Dublin

BCA’s recent acquisition, AutosOnShow.TV, is providing best-in-class imagery with its AutoCAPTURE product to support BMW Group’s virtual sale. BMW Group will auction its vehicles on 15 October 2014 at the

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car mechanics

UK sees fastest growth in fleet

The UK is seeing strong fleet growth compared to the rest of Europe, according to Arval’s Corporate Vehicle Observatory report. Fleet confidence is currently mirroring wider economic performance. The UK

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car mechanics

BCA to float on stock exchange

Remarketing specialist BCA has announced its intention to float on the London stock market, aiming to raise at least £200 million. If successful, it would value the business at around

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car mechanics

Van shortages keep values at near record levels

Average values for vans remained at near record levels in September, according BCA’s latest Pulse report. The auction house said there was still a shortage of ready to retail vans

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car mechanics

Used car trade values slip as volume is set to keep growing

Values in the used car trade market are now slipping and underperformed in September compared with the same month last year, according to CAP Automotive. Ongoing strong demand from retail

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car mechanics

BVRLA’s 10 things to know about tax disc changes

As the paper tax disc becomes obsolete from today (1st October) after 93 years in use, the BVRLA has published a list of 10 things that fleets need to know

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car mechanics

Vauxhall scraps lifetime warranty

From January 2015, all Vauxhall cars and vans will carry a three year*/60,000 mile warranty (down from 100,000 miles) with options for extension. Tim Tozer, Vauxhall’s chairman and managing director,

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