NAMA Report December 2014

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The National Association of Motor Auctions (NAMA) published its monthly market report today for December. The report shows that during December the average month-on-month value of used cars sold at auction across the board decreased 1.2% from £5,736 to £5,670. However, this figure is 2% higher than December 2013. Sales … Continue reading

Endeavour group and BCA sign remarketing deal

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BCA has announced an exclusive remarketing agreement with London-based Endeavour Automotive Group.  The deal will see BCA remarket approximately 1,500 vehicles annually for Endeavour Automotive Group which holds franchises for Volvo and Hyundai at eight retail outlets in and around London. The deal was announced following a competitive tender process.  … Continue reading

City Auction Group to open first site in UK

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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 hold corporate auction events on behalf of major FN50-listed contract hire and leasing companies, financial institutions, daily rental companies and … Continue reading