Marshall and Manheim team up for a record-breaking mega-week
Manheim sold more than 850 vehicles for Marshall Motor Group in a single week this month as part of a hugely successful mega-week event.
The five-day event saw more than 1,100 high-quality vehicles from Marshall Motor Group go through Manheim’s auction lanes.
More than 1,900 buyers registered for auction events at Manheim’s Bristol, Wimbledon, Colchester, Northampton and Mansfield centres, or logged on to buy through Manheim Online.
Across the week, Manheim sold 853 vehicles, beating its previous mega-week record of 815, and achieving a combined sales value of £4.6 million.
Full Press Release: https://bit.ly/2UPp2Cm
Wilson Auctions sees profits and turnover riseWilsons Auctions, which has a site at Dalry in Ayrshire, has reported growth in turnover and profit for last year, which it said consolidates its position as the largest independent auction house in the UK and Ireland.
Its turnover increased 15% to £28.1 million in 2018, while its operating profit was up 6% to £2.9m.
Wilsons Auctions now holds more than 2,000 auctions per year covering everything from cars and vans, plant and machinery and property to general goods. It also auctions more luxurious items, such as planes, yachts, gold bars, supercars, designer goods, prestigious watches and expanded its offering to cryptocurrency this year.
Full Press Release: https://bit.ly/2DDfPrg
HR Owen renews BCA remarketing deal by two-years
HR Owen has signed a new two year exclusive renewal deal with BCA to manage the remarketing of its part-exchange vehicles arriving at its network of supercar and luxury car showrooms.
BCA Blackbushe will stage a sale of HR Owen vehicles on alternate Wednesdays, building on the existing programme that forms part of the regular Top Car event.
BCA’s major account manager, Suzanne Spencer, said: “H.R. Owen is a respected brand synonymous with luxury, prestige and performance models and these sales generate a genuine buzz with our Top Car buyers, who know they will be presented with an exceptional choice of vehicles.”
The programme has generated a “loyal following” of buyers both in-lane at Blackbushe and via Live Online, with an average sale price of £32,000 and an 87% first-time conversion.
Full Press Release: https://bit.ly/2DADR60
Aston Barclay to manage Vauxhall Finance used cars
Vauxhall Finance has signed a remarketing contract with Aston Barclay.
Aston Barclay will manage its end-of-contract disposals.
From May 2019, Aston Barclay will manage up to 5,000 used cars each year, which are a mix of contract hire and PCP returns, as well as voluntary terminations and repossessions.
It will appraise, photograph and upload vehicles to be sold as part of a fortnightly fleet sale programme to spread used stock nationwide.
Vauxhall Finance remarketing manager Dafydd Ryder-Owen, said: “Our contract returns require sensitive management.
“We recognise that Aston Barclay is at the forefront of revolutionising the remarketing sector, so we look forward to exploring how its range of digital solutions can help us increase bids and improve conversion rates.”
Neil Hodson, Aston Barclay’s group CEO, added: “We are pleased to welcome Vauxhall Finance to the Aston Barclay family.
Full Press Release: https://bit.ly/2INRrHt