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A greener approach to remarketing


Andy Pearce, managing director of CD Auction Group
Among the many challenges and negatives of the pandemic, the industry has some opportunities to move forward positively.
For many companies, 2020 proved to be a watershed moment.
The digital transformation has been widely reported, with researchers at global consulting firm McKinsey, estimating that companies have accelerated their digital plans by three to four years on average.
From the growth of digital remarketing channels to greater use of data and technology in workshops, the industry is set to benefit from a digital dividend for years to come.
But there is also an opportunity to approach the supply chain with a view to greener operations on the road to carbon neutrality. ....

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Andy Pearce named new MD at CD Auction Group


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Pearce joined the business in summer 2020 after international remarketing consultancy work and roles with Manheim and GRS and has guided the company’s record performance over the past quarter as operations director.
During the first three months of 2021, the company has seen new records set for the volumes of vehicles sold, conversion rates and the number of dealers using its digital channels to source stock.
He said: “The company has gone from strength to strength in the last few months with more vendors and buyers recognising the efficiency of our digital multi-channel approach. We continue to invest in the service to ensure that CD Auctions is the easiest place to sell and buy stock.” ....

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CD Auction Group launches new logistics service for fleets

CD Auction Group launches new logistics service for fleets
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CD Auction Group partners with Reemaq to offer new logistics service


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CD Auction Group has partnered with automotive technology company Reemaq to launch a new vehicle logistics service for car dealers.
The new service enables users to manage all their transport moves and administration in a new smartphone app-driven platform which manages end to end transport moves using an audited network of plated drivers, transporters and inspect and collect services.
Users access a national network of suppliers who bid for each move based on the best time and cost in a manner reflective of that offered by Auto Trader s Vehicle Moves platform.
Andy Pearce, operations director of CD Auction Group, said: As digital remarketing experts, we are always looking for new ways to use technology to make operations more efficient for our customers. ....

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Hybrid values plummet as private hire dries up


Date:
24 February 2021
  |  
Author: Jack Carfrae
A shrinking private hire market has caused once strong used hybrid prices to tumble and legislative changes have compounded the issue.
Used hybrid values have nose dived as their traditional market of private hire drivers has suffered during the pandemic. 
Second-hand examples of conventional, non-plug-in hybrids, such as the Toyota Prius, have traditionally been popular with the sector and commanded strong prices due to their low running costs and suitability for urban areas, but Covid-19 has hit operators hard and caused a big drop in demand for vehicle replacements. 
Valuation specialist Cap HPI said hybrid values fell by 10.1% in January 2021, while plug-in hybrid prices dropped by 6.7%. A lot of this is driven by the private hire market, which was decimated last year, said Cap HPI s head of valuations, Derren Martin, certain models like the Prius and A ....

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