Manheim announces LCV deal with Group 1 Automotive
Group 1 Automotive has expanded its long-standing remarketing partnership with Manheim to include LCVs.
The new commercial vehicle deal will complement the dealer group’s existing auction programme, which sees 14,000 cars per year go under the hammer.
As part of the new agreement, the UK’s number one CV auction company will offer 400 LCVs pa in a dedicated remarketing programme at its Colchester auction centre. The first auction is set to take place on the 25th of September.
Darren Guiver, Managing Director, Group 1 Automotive, said: “We began our partnership with Manheim in 2008, and since then we’ve seen our auction events go from strength to strength.”
“Manheim’s CV team has a fantastic reputation for industry knowledge, customer service, and innovation, and we’re very much looking forward to working with them as we build our new CV auction programme.”
Peter Bell, Managing Director of Manheim, said: “At Manheim we take pride in our ability to build long-lasting partnerships with our customers, and I’m delighted that Group 1 Automotive has chosen to expand its remarketing programme to include LCV.”
“Group 1 Automotive will be offering highly desirable LCV stock that will certainly attract the interest of our buyers, and I look forward to seeing the success of the new auction programme.”
The deal comes in a year that has seen Manheim’s LCV team deliver considerable growth across its online auction channels. In August, the business announced that vehicles had sold an average three days faster year-on-year as a result of strong online sales, and a buoyant CV market.