Tag Archives: Manheim

Manheim Auction Services’ Gloucester site launched last month with record-breaking results. The sale event saw 5,270 accepted bids, the most received at a commercial Manheim auction, totalling £4.2 million pounds in assets sold on the day. The site is a a seven-figure investment designed to support Manheim’s van and truck customer base. Matthew Davock, director of commercial vehicles at Manheim ...

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 ...

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 ...

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 ...

The National Association of Motor Auctions (NAMA) has appointed Liam Quegan as its new chairman, succeeding Andrew Walker, CEO of the Fleet Auction Group. Currently, Quegan is managing director of Cox Automotive UK’s wholesale group. “We are thrilled to welcome Liam Quegan as our new Chairman,” said Paul Hill, NAMA spokesperson. “Liam brings a wealth of experience in the automotive ...

Rainworth Motor Group, the Skoda, Hyundai and Isuzu dealer group, has signed a two-year deal with Cox Automotive. Rainworth will sell wholesale stock exclusively through Manheim Auction Services (MAS) and will also utilise Cox Automotive’s eVA Valuations & Appraisals software to provide part-exchange valuations in-store to customers and online. With sites in South Yorkshire, West Yorkshire and Nottinghamshire, Rainworth previously ...

With over 25,000 vans recorded at Cox Automotive’s Manheim Auction Services and Manheim Vehicle Services locations, Q1 of 2024 has been the strongest-ever quarter for LCV arrivals. Manheim was selected by 422 vendors as their van remarketing and/or de-fleet partner during Q1, a 28% year-on-year increase. Matthew Davock, director of Manheim Commercial Vehicles, Cox Automotive, said: “It’s been quite the ...

Cox Automotive reports a surge in activity at its auctions in January. It said the volume of stock handled during the month was up 24% year-on-year, and the number of active buyers increased by 12%. Manheim held 14 more sales in January than the same period last year. Liam Quegan, managing director – wholesale, Cox Automotive, said: “Stock volumes are ...

Cox Automotive reports a “record” number of vans pumping through auctions in January putting pressure on prices and conversion rates. Manheim Auction Services (MAS) and Manheim Vehicle Services (MVS) recorded a greatly encouraging 52% YoY growth of van arrivals – 10,372 vehicles in total. It said the increase in new LCV supply over the past year has caused many fleet, ...

Dealers are increasingly ignoring poor condition vans at auction requiring a lot of remedial work before going on sale. That’s the view of the Vehicle Remarketing Association (VRA) and its meeting of 2024. Julian Pullen, senior editor, commercial vehicles and motorcycles, cap hpi, said: “It used to be said that if a van needed £1,000 of work, it sold for ...