Van & CV News

Manheim Auction Services will open its new Gloucester super centre dedicated to commercial and industrial vehicles in the southwest in the autumn. The 9-acre site is located off the M5 near Dursley, Gloucestershire. More details on the sales programme will be available in September. Liam Quegan, Cox Automotive’s MD, Wholesale, said: “The commercial vehicle sector is experiencing an exhilarating return ...

City Auction Group will launch a new 28-acre site to house the Headquarters of its logistics business, PurpleRock, in September. This will expand capacity with an additional 5,000 vehicles across defleet, logistics and secure storage. The site will be located off the A1, north of Peterborough. Michael Tomalin, CEO of City Auction Group, said: “This is a game changer for ...

NextGear Capital, the wholesale funding firm, and online auction platform 1link Trade Buyer have joined forces to help trade buyers source and fund stock in just a few clicks. The new arrangement means NextGear Capital customers can instantly add vehicles purchased on epyx’s 1link Trade Buyer to their Stocking Plan, easing the buying process and opening the platform to them ...

Sales of LCVs fell -8.5% in July with 24,689 units registered, according to the latest figures the Society of Motor Manufacturers and Traders (SMMT). The performance is in comparison with a strong July in 2023 – the best in three years – however, which came amid a record-equalling 17 consecutive months of market growth. The SMMT said the overall market ...

Auctions are seeing a surge of vans entering the market as companies and fleets replace their vehicles. Sustained demand for used LCVs and continued de-fleet activity within the fleet sector during the first half of the year saw record numbers of vehicles pass through Cox Automotive’s auction and vehicle services operations. Between January and June, 50,267 LCVs were processed by ...

Intercounty Truck & Van, a Mercedes-Benz dealer operating in the Midlands and Lincolnshire, has announced a £2 million investment into a new service and parts location in Dunstable, Bedfordshire. Located on the South East, Dunstable’s Woodside Industrial Estate, the site is just minutes form J11/J11a of the M1 and London Luton Airport. The site offers a state-of-the-art workshop for the ...

  BCA has expanded its refurbishment centre at Thurleigh north of Bedford to more than 200 acres, creating more than 100 new jobs. The centre is one of the largest combined remarketing, logistics, defleet and refurbishment centres in Europe. The additional land providing hard standing for an additional 5,000 vehicles, as well as extra workshop capacity to host technical and ...

Sales of BEV vans accounted for just 4.7% of the new van market in the first half of the year, down on the 5.2% achieved in the first half of 2023. This is well adrift of the 10% quota set by the government ZEV Mandate and the position has deteriorated. The Society of Motor Manufacturers & Traders, which released the ...

The used van market in 2024 has become “very fragmented” with dealers having to work harder to sell to businesses. That’s the view of auction house Aston Barclay which said high interest rates and cashflow are putting a brake on van sales. “The market has slowed since Xmas and dealers are having to work harder to sell used LCVs to SMEs ...

The National Association of Motor Auctions (NAMA) has launched a new grading standard for used LCVs. The scheme will be pioneered by Manheim Auction Services (MAS) across its auction locations and to its customers starting from 1 July 2024. The NAMA grading scheme for cars has been in place since 2013 and was recognised in April 2023 with the King’s ...