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City Auction Group expands remarketing services

City Auction Group is continuing to expand its remarketing portfolio as it celebrates record growth alongside its three-year anniversary at its Rockingham auction facility.

City Auction Group plans to expand further in 2018

City Auction Group plans to expand further in 2018

The firm, which also runs vehicle auctions at its Belfast site, recorded growth of 28% last year, its best year ever, thanks to a host of new contract wins including Zenith, Toyota & Lexus Remarketing, Alliance Asset Management and major dealer group part exchange business.

Recent changes have seen a new nationwide inspection and collection service and new defleet hubs for all new corporate business customers as well as the launch of weekly sale events at Rockingham which are achieving an average 84% conversion rate and an average 97% of CAP clean for all auction vehicles.

Michael Tomalin, managing director of City Auction Group, said: “We are planning for continued growth in 2018 and are looking forward to working with more motor manufacturers, leasing and fleet companies.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.