Cap HPI has appointed Paul Titchmarsh as UK forecast manager following the retirement of Jeff Knight.

Paul Titchmarsh, UK forecast manager at Cap HPI

Titchmarsh joins from JCT600, where he held several senior positions,  most recently as operations director. He also has experience in the fleet and rental sectors with Zenith and Global Autocare.

He joins the Cap HPI team responsible for managing the company’s new and used car forecast data as Jeff Knight retires after 23 years at Cap in various roles.

Dylan Setterfield, head of forecast strategy, said: “Jeff is a familiar face in the industry, and he spent over 23 years at Cap HPI, making an invaluable contribution to the company and the wider automotive sector. He was a hugely respected team member, whose expertise and extensive experience were valued by colleagues and customers across the board.

“We’re pleased to welcome Paul onboard and look forward to benefiting from his insight from a career that spans multiple sectors and senior roles at some of the industry’s most respected companies.”

The Cap HPI valuations team produces forecast vehicle values for up to five years, providing vital insights that support the industry in everything from pricing to finance decisions, which affect fleets in their day-to-day dealings. Data is provided up to 60 months into the future for new and used vehicles up to five years old today.

Titchmarsh said: “I’ve worked with Cap HPI in various roles over the years and grew to respect the expertise of the team and the power of the data they provide to the industry. It’s great to be a part of the team now, and I look forward to supporting the team in the future.”