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drivvn reports record growth
- 08/01/2024
- Posted by: Alan Feldberg
- Category: News
Automotive e-commerce company drivvn has seen vehicle sales grow by 257% from £709m in 2022 to £2.2bn in 2023. The company now supports 14 automotive brands in 10 countries across Europe and has expanded its customer base into the fleet sector. Meanwhile, the pace of e-commerce growth also continues to [...] -
Customer satisfaction high despite higher prices
- 15/09/2023
- Posted by: Alan Feldberg
- Category: News
Over three-quarters (80%) drivers believe they got a good deal on their used car purchase despite prices still averaging 37% higher than they were before the pandemic. A CarGurus survey of over 1,500 recent car buyers and sellers found that a quarter (24%) of buyers reported getting a great deal while 56% felt they [...] -
Cazoo publishes first quarter results
- 28/04/2023
- Posted by: Alan Feldberg
- Category: News
Independent online car retailer Cazoo has healthy first quarter results for 2023, with 18,679 vehicles sold and revenues of £247m. This represents a decrease of seven per cent and 11% respectively on 2022. Paul Whitehead, chief executive officer, said: “I am very pleased with our performance in the first [...] -
BCA and West Way Nissan extend partnership
- 14/02/2023
- Posted by: Alan Feldberg
- Category: News
BCA and West Way Nissan have announced a renewed 12-month remarketing agreement offering up to 100 vehicles a week. West Way vehicles are sold online via BCA Online and the BCA Buyer app, with the majority of vehicles based at BCA’s Brighouse facility. David Hunter, West Way Nissan’s Group vehicle remarketing [...] -
Used car demand remains robust
- 24/01/2023
- Posted by: Alan Feldberg
- Category: News
Used car demand remained steady during December, although online remarketer BCA reported a definite lift in interest through the festive season as BCA. It found that values averaged £8,265 last month, down by £212 or 2.5% compared to November. Meanwhile, there continued to be particular pressure in the used EV [...] -
BCA reports softening of used car prices
- 20/12/2022
- Posted by: Alan Feldberg
- Category: News
Used car values averaged £8,492 at BCA in November 2022, down by £331 or 3.8% compared to October. Meanwhile, buyer engagement across BCA’s online sales programme remained robust and first-time conversion rates rose again, averaging over 80% in November. While average selling price has fallen for two [...] -
Citroën launches online platform for LCV range
- 12/12/2022
- Posted by: Alan Feldberg
- Category: News
Citroën UK has introduced a new online reservation platform for its Light Commercial Vehicle (LCV) range. The LCV reservation platform is part of Citroën’s omnichannel approach, designed to make the purchasing process as simple as possible. It enables customers to tailor the mileage, deposit, advance rental and [...] -
SalvageMarket subscriber numbers surge
- 24/11/2022
- Posted by: Alan Feldberg
- Category: News
e2e Total Loss Vehicle Management has reported a 25% increase in SalvageMarket’s subscriber base since it was relaunched with improved technology. SalvageMarket is the UK’s premium online salvage auction with thousands of vehicles available through its weekly auctions. Since relaunch three weeks ago, e2e has [...] -
LCV values remain steady
- 22/11/2022
- Posted by: Alan Feldberg
- Category: News
LCV values averaged £9,674 at BCA in October, down just £15 on September’s figure and underlining the good balance between supply and demand. Performance against guide prices continued to improve, rising above 100% for the first time since February of this year. It is the third consecutive month that BCA has [...] -
Ancaster Group renews BCA partnership
- 15/11/2022
- Posted by: Alan Feldberg
- Category: News
Ancaster Group has extended its remarketing partnership with BCA for a further three years until the end of 2025. As part of the deal, BCA will continue to support the South-East dealer group with online remarketing programmes. The three-year remarketing programme will see a total of around 4,500 vehicles [...]
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