The UK’s heavy good (HGV) market rose by 46.3% in the second quarter of 2019, with 15,605 units registered, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
Manheim recorded an 8% increase in LCV volume year-on-year, with higher numbers of daily rental and fleet and leasing vehicles available at auction.
Manheim’s inaugural HGV drive-through-auction at Bruntingthorpe proved a big hit with buyers last week, by achieving sales close to £1million.
Manheim has secured a preferred supplier remarketing partnership with Zenith until 2021.
Manheim revealed it will move from the current monthly HGV online auction to a hybrid weekly programme, with alternating physical and online auctions.
Strong demand kept values of vans sold at Manheim in February steady, according to the remarketing company’s latest figures.
Demand for used vans remained strong in February, with 82% selling first time – up 1% on January 2019 – says Manheim.
More than half of the vehicles currently operating in clean air zones do not comply with pending emissions standards, research from Masternaut has found.
The used LCV market enjoyed a strong start to the year, according to figures released by Manheim today.
Trend towards online sales grows with 41% sold via that channel, according to Manheim. By Dean Bowkell
Manheim has appointed Matthew Davock as director of commercial vehicles, replacing James Davis who has moved to the role of customer insight and strategy director for commercial vehicles.
As uncertainty rages in Westminster it spells good news for one sector of the industry. By Dean Bowkett
Sales of new vans may be down, but that spells good news for sellers of used vehicles. By Dean Bowkett
Legislators’ bid to nudge drivers of older vans to move to cleaner diesels appears to have backfired. By Dean Bowkett
Manheim saw strong demand from buyers once again in April, driving record-breaking average sale prices and conversion rates.
February is usually one of the quietest months for sales, but this year the picture looks different. Dean Bowkett reports.
Christmas is just a few days away, but for several weeks now its impact has been felt in the used light commercial vehicle (LCV) market, Dean Bowkett reports.
Approach of Christmas is expected to boost LCV sales as home deliveries demand increases, Dean Bowkett reports.
It will see the commercial vehicle auction company remarket 7,000 vehicles for Network Rail over three years on a sole supplier basis.
Manheim set new records in August with a 10.5% year-on-year increase in average van sale values.