auctions
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Acquisitions and deals 18 Dec
Aston Barclay clears debt to focus on strategic growth
Aston Barclay has completed the sale-and-leaseback of its Chelmsford, Westbury, Prees Heath and Leeds owned sites,
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Supplier News 18 Dec
Carwow auctions to remain open over festive period
Carwow is to run auctions throughout the festive period to help dealers source high-quality used stock
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People News 7 Dec
City Auction Group strengthens senior management team
City Auction Group has appointed Zaiga Jinkinson as its new client relationship director.
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Supplier News 29 Nov
Dealers imposing used car buying bans to protect cashflow, says SVA
Dealer groups are facing major buying restrictions or even total bans at auction in a bid to protect cashflow, according to Shoreham Vehicle Auctions.
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Used Cars 20 Jul
Motor Auction Group reports rise in VTs and repossessions reaching auction
Voluntary terminations, voluntary surrenders and repossessions rose in May 2023 to the highest level for nearly two years, according to the Motor Auction Group.
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Used Cars 17 May
Shoreham Vehicle Auctions achieves Electric Vehicle Approved status
SVA has achieved Electric Vehicle Approved (EVA) status following the rollout of several environmental initiatives over the last 18 months.
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People News 11 May
Aston Barclay chief executive exits following raft of senior management changes
Aston Barclay chief executive Tom Marley has left the business “by mutual agreement” as the company announced a raft of changes and new leadership roles.
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Supplier News 24 Apr
SVA accelerates Chestnut Tree House Hospice fund-raising to over £270,000
Shoreham Vehicle Auctions (SVA) has accelerated its fund-raising for the Chestnut Tree House Hospice past £270,000 with a trio of charity car auctions held at the end of March.
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Car Dealer News 6 Mar
Shoreham Vehicle Auctions to host annual charity auctions in March
Shoreham Vehicle Auctions (SVA) will host its annual charity car and van auctions for the 12th successive year on March 27-28.
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Supplier News 8 Feb
Manheim sales raise more than £20k for Make-A-Wish UK
Manheim Auction Services has raised a further £20,467 for children’s charity Make-A-Wish UK with a special auction of donated vehicles and other items.
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Digital Marketing 11 Jan
ASA rules RM Sotheby's ad depicted 'irresponsible driving practices'
The Advertising Standards Authority (ASA) has upheld a complaint that an ad by RM Sotheby’s encouraged dangerous driving.
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Supplier insight 10 Jan
10 Minutes With...Le Etta Pearce, chief executive of Dealer Auction
Dealer Auction chief executive Le Etta Pearce was interviewed by AM as 2022 drew to a close and revealed consumer-sourced stock is supplementing the trade-to-trade stock as dealers clamour for the right used cars for their forecourts.
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Used car 14 Dec
Retailers navigate mistrust and short supply to fine-tune used car stocking strategies
The continued shortage of new vehicles and demand for used ones has left car dealerships with a dilemma.
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Market Insight 22 Nov
LCV values suggest ‘demand remains well balanced against supply’, says BCA
A decline in average used light commercial vehicle (LCV) wholesale values of just £15 in October suggests that “demand remains well balanced against supply”, according to BCA.
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People News 3 Nov
Dealer Auction appoints Ian Armitage as new technology director
The trade-to-trade online used car stocking platform Dealer Auction has announced the appointment of Ian Armitage as technology director.
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Market Insight 2 Nov
'Encouraging signs' from September's used LCV market
BCA has reported "encouraging signs" from a used van market which experienced a 1.8% (£177) decline in average wholesale values during September.
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Used Cars 19 Oct
BCA’s wholesale used car values grew 2.9% in September
BCA has said that used vehicle process will “remain very robust for some time to come” after wholesale used car values rose 2.9% to £9,197 in September.
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Used Cars 29 Sep
NFDA trials Electric Vehicle Approved (EVA) scheme for used car auctions
The Retail Motor Industry Federation (RMI) is set to trial an Electric Vehicle Approved (EVA) accreditation scheme in the used car remarketing sector.
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Used Cars 23 Sep
September sales boost unlikely to deliver ‘significant volumes’ of used cars
Car retailers’ used car forecourts are unlikely to benefit from “significant volumes” of additional stock as a result of the sector’s seasonal September sales boost.
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Used Cars 21 Sep
Used car sector ‘no longer in a period of heavy demand’, says Cox Automotive
Cox Automotive Europe has told car retailers to focus on “potential storms” ahead as they continue to balance limited vehicle supplies with faltering consumer demand.