Category: VRA Member News

car mechanics

‘Sluggish’ electric car residuals come under fire

Three electric cars are among the worst first year depreciators in a listings released by Glass’s. The Renault Fluence, Citroen C-Zero and Nissan Leaf E have all lost more than

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car mechanics

BCA Marketplace releases positive trading update

BCA Marketplace vehicle transactions are up year-on-year and its board says the company is performing “well” and “in line” with its expectations in a trading update ahead of its annual

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car mechanics

‘Dealers want fleets to better plan ahead their remarketing model’

Dealers would like fleets to better plan ahead their remarketing model mix when purchasing their vehicles, according to The Car People. Jonathan Allbones, sales director of The Car People, told

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car mechanics

Glass’s appoints Robert Redman as forecast editor

Robert Redman has been appointed as the second forecast editor at Glass’s. Redman reports to chief car editor Steve Jackson and he will be responsible for forecasting Glass’s future car

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car mechanics

SMA sales records show used car buyer confidence

Following the Society of Motor Manufacturers and Traders’ (SMMT) announcement of new car sales being up by 6.7%, SMA Vehicle Remarketing has posted a record month across the Group, reflecting

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car mechanics

Arval’s average fleet CO2 drops to 114g/km

Leasing company Arval said the average CO2 emissions of cars delivered to its customers was 114g/km in 2014, a fall of 7% compared to figures from 2011. The firm said

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car mechanics

Volkswagen Financial Services appoints Ian Tilbrook as interim fleet boss

Volkswagen Financial Services UK (VWFS) has appointed ex-Glass’s managing director Ian Tilbrook as its interim fleet director. Tilbrook’s previous roles also include managing director of ING Car Lease, integration director

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gefco

VRA Member BCA appoints HPI to provide vehicle checks for physical and digital re-marketing channels

BCA has appointed HPI to provide vehicle checks and provenance data for its physical and digital re-marketing channels and the WeBuyAnyCar vehicle buying service. The five-year partnership will utilise HPI’s

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car mechanics

VRA member City Auction Group to open first site in UK

Ireland-based City Auction Group is due to open a specialist automotive remarketing centre at Rockingham Speedway, Northamptonshire, this month – its first site in the UK. The new centre will

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car mechanics

Unchartered territory for used values in 2015

Mike Pilkington, managing director of Paragon Automotive Used car values fell 2.9% in November, the biggest fall since summer 2011. So, is this a seasonal blip or the first signs

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car mechanics

Glass’s: “Used car prices to come under increased pressure in 2015”

Used car prices are set to come under increased pressure in 2015. That’s the view of Glass’s which said next year will be the most significant since the recession. Rupert

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