Tag: CAP

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Post-Brexit outlook, autonomy and 2035 EV impact are key subjects for VRA’s March member meeting

The post-Brexit economic outlook, developments in vehicle autonomy and the impact of the Government’s 2035 electric vehicle announcement will all be part of the Vehicle Remarketing Association’s next member meeting, taking place on March 18 at the offices of motor industry legal specialists Geldard’s in Derby. Sam Watkins, chair of the VRA, which represents organisations

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Developments in end of life vehicle inspections is core subject at VRA’s September meeting

The latest developments in end of life vehicle inspections is the core theme of the Vehicle Remarketing Association’s next meeting, taking place on September 18 at the Derby offices of motor retail legal experts Geldards. Key presentations will include Vipul Dave, sales manager at Thatcham Research, examining how the arrival of ADAS devices and other

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Highest ever attendance for VRA meeting is “sign of current, increased interest in remarketing”

Almost 50 people attended last week’s Vehicle Remarketing Association member meeting in what the organisation described as a “sign of the current, increased interest in remarketing.” Held at the premises of GEFCO in Coventry, the event covered the latest developments in leasing company remarketing. VRA members together are involved in handling, selling, inspecting, transporting or

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Latest developments in leasing company remarketing to be discussed at VRA’s March meeting

The latest developments in leasing company remarketing is the theme of the Vehicle Remarketing Association’s next meeting, taking place on 14 March at GEFCO in Coventry. Key presentations will include Dean Bowkett of Bowkett Consulting, who has just completed a comprehensive report on high-level developments in the leasing sector and how they are likely to

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car mechanics

Used car demand ‘healthy’, reports Cap HPI

Convertibles and city cars outperformed the market by increasing their value in a used car climate of decreased margins but “healthy demand”, Cap HPI has reported. Stable used values were recorded in Black Book live during March with a small average increase of 0.1%, but while the average three-year-old/60,000-mile vehicle saw a minimal increase, convertible prices

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car mechanics

Cap hpi sees ‘signs of weakness’ in nearly new sector

The used car market got off to a strong start in 2016 although dealers were warned of the negative impact self-registrations were having on the values of late-plate vehicles. According to cap hpi strong demand drove up used values by an average of 0.4% in February. Derren Martin, senior Black Book editor at cap hpi

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car mechanics

Dealers report increased footfall on forecourts

Used car buyers returned to the market in January with 69% of the respondents saying that physical footfall improved compared to the previous month, according to research carried out by CAP. It said on-line activity was “even more encouraging”, with 75% of respondents reporting improved levels of activity. “Four years of strong new registrations are

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car mechanics

Used car market ‘relatively stable’ says Cap

January saw consumers out searching for and buying used cars in large enough numbers for high supply volumes not to be much of an issue. Retail activity for used cars was “on the positive side in January”. In Cap’s monthly survey, 69% of dealers surveyed saw physical footfall in January increase compared to the previous

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car mechanics

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 move to digital subscriptions as cap concentrates on developing its services across mobile and web platforms. Users will be able to order a print edition

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UK ‘certain’ to break new car sales record in 2015

The UK new car market looks set to break records in 2015, and possibly in 2016 according to experts. Following latest SMMT new car figures that saw registrations up 3.8% in November and 6.2% YtD, KPMG has outlined its predictions for the full year. John Leech, head of automotive, said: “Manufacturers are maintaining their levels

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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 and global ecommerce strategy for Walmart, joins the business as director of innovation and product management. He will lead the rollout of new data products

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car mechanics

CAP and HPI announce joint strategy

CAP and HPI have revealed details of their integration plans following the recently announced relocation of the HPI business from Salisbury to Leeds. The Solera owned companies will operate jointly from CAP’s head office in Leeds with former HPI managing director Neil Hodson now acting as deputy managing director of both operations where he will

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