Manheim has appointed Arnaud Bosvieux as customer relationship director.
Manheim
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Manheim recorded its highest volume of the year during quarter three as high volumes met strong buyer demand.
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Manheim has appointed new managers for its south-east auction centres.
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Used LCV market place in robust health
The LCV marketplace remains robust, with latest data showing a year-on-year increase in wholesale volume and a drop in days to sell in August, according to Manheim.
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Average values for used alternatively fuelled vehicles (AFVs) continued to rise in August, while both petrol and diesel values recorded downturns.
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Cox Automotive has reaffirmed its full-year forecast of 7.8 million used car transactions in 2019 following the release of Q2 figures from the SMMT.
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Cox Automotive has published its used car forecast for 2019, predicting that transactions will drop 2% compared to 2018, reaching a total of 7.795 million used cars.
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The LCV wholesale market proved unpredictable in May as two bank holidays, and softer retail activity impacted buyer demand.
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Manheim has scored a renewal deal with UK dealership Allen Ford that will see it auction 5,000 vehicles a year. The deal builds on the firms’ existing partnership that stretches back to 2002 and will auction vehicles from Allen Ford’s 20-plus dealer locations across the country, which supply both Ford cars and vans to private […]