Monday September 6th at 1.30PM will see SMA Vehicle Remarketing open Northern Ireland’s newest car auction centre with over 400 cars due to go under the hammer; it is a new venture that will create up to 40 new jobs.
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Dealers are being urged to get back in touch with their used car customers as well as prepare for an aging used car vehicle parc over the next couple of years in order to help them grow out of the recession.
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The logistics arm of a leading vehicle remarketing specialist has seen the time taken to undertake vital operations reduce by more than half following the deployment of a brand new system.
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Car dealership Vertu Motors has said half-year profits were expected to be "materially" ahead after revving up sales of new and used cars.
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Ex-fleet cars are continuing to feel the pinch as the pressure on prices mounted during July, with experts predicting the possibility of further falls in the coming months.
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The BMW 3 Series is the most popular car in the UK, according to customers of online supermarket Autoquake.com
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Epyx have added new features to their 1link Disposal Network e-commerce platform meaning that users can more easily search for vehicles and set up the system to alert them when cars and vans in which they might be interested become available.
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Aston Barclay the car auction group has appointed Tim Hudson as its new managing director following the retirement of Les Scarborough.
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As was predicted last year, Cash for Clunkers, the government sponsored program that gave consumers a credit for their trade in when they bought a new car, has distorted the used car market by driving up the price:
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Lookers plc, one of the leading UK Motor Retail and Aftersales Services Groups, is issuing a trading statement for the period from 11 May 2010 to 30 June 2010, which is the end of the company’s interim financial period.
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Electric vehicles won’t overtake hybrids as the biggest-selling eco technology in the UK for another 10 years, at which point the two green developments will account for 21% of the 2.4m sales forecast by Glass’s.
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CAP Used Car Price Index – August 2010. Year on year changes in 3yr old car values compared with August 2009.
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STOCK shortages mean franchised dealers must scrap long-standing procurement policies says Glass's.
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Glass's is urging more franchised car dealers to sell vehicles that have higher mileages and are more than three years old in order to combat the anticipated dramatic reduction in used car supply over the next 12 months.
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A SHORTAGE of new cars means buyers must move fast if they are to beat next year's VAT rise according to CAP, the used car pricing experts.
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Demand for used cars could fall in the last three months of 2010, according to 50% of franchised car dealers.
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Network Q, the first national manufacturer-backed used car programme in the UK, is continuing its roll-out of 20th anniversary year enhancements with the announcement of the launch of its brand new web-based Used Car Locator.
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The Vehicle Remarketing Association has announced its 35th member five months after its launch.
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Amidst economic uncertainty created by a hung parliament, members of the newly formed Vehicle Remarketing Association were surveyed during the recent election campaign for their predictions on used car prices in Quarter 2 2010.
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The new Vehicle Remarketing Association (VRA) has been launched on 1st March 2010 after two years in the planning.
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