Manheim sold a record breaking 41% of vans to online buyers in January – an 11% increase on 2015. Despite auction entries being above average and volumes 18% higher than
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Record-breaking January for van sales at Manheim
Jardine signs remarketing deal with BCA
Jardine Motors has struck a deal with BCA to remarket all of its unwanted part-ex vehicles through the auction group. Jardine, which trades as Lancaster, represents 23 franchises at 74
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BCA warns of pressure on values of late-plate cars
BCA has warned of price pressure on late-plate vehicles because of the number of pre-registered cars in the market and the competitive deals on offer on new cars. “There is
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New finance packages set to power 2016 car market
New and used car sectors to see growth in number and variety of solutions Growth in the number and variety of finance packages available to private buyers is set to
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Used car average mileage tumbles at Manheim auctions during December
Manheim saw the lowest mileage ex-fleet cars for at least 12 months selling at its auctions in December, with vehicles sold having an average of 55,494 miles on the clock.
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Surge in winter demand for 4x4s could be history, says Glass’s
The traditional winter surge in values for 4x4s may no longer be a feature of the market. The surge has failed to materialise again this year, says Glass’s, with the
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CAP to axe printed valuation guides to focus on digital
Cap is pulling the plug on print editions of its Black, Green and Red valuation guides to focus on offering digital services. The Black, Green and Red books will all
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Chevrolet Cruz: fastest selling used car, says Glass’s
The fastest selling used car in the UK in November was the Chevrolet Cruze (pictured) hatchback, according to Glass’s. It took 27.2 days to sell at a price of £6,327
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Glass’s foreasts 3% rise in new car registrations in 2016
Glass’s is forecasting that new car sales in 2016 will increase by 3% over 2015. “Employment levels will continue to increase through 2016 and into future years, personal disposable income
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CAP and HPI announce senior management appointments
The newly merged CAP and HPI has announced several managerial appointments following its parent Solera’s decision to combine operations in Leeds. Joel Albyn (pictured), a former director of product management
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Autumn statement “Good news for motor industry”
Positive growth forecasts means this is a much better Statement than expected. “Thanks to economic growth forecasts higher than those predicted by most experts, this was a much better Autumn
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Competition authority rules against BCA in Newcastle
The Competition and Markets Authority (CMA) has raised concerns that BCA’s acquisition of SMA Vehicle Remarketing could restrict competition in Newcastle. BCA bought SMA in June for £43m with the
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