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April 3, 2017

Manheim signs part-exchange deal with Heritage Automotive

Vehicle remarketer Manheim has signed a two-year deal with Heritage Automotive for the supply of part-exchange vehicles to its Bristol auction centre.

By Saad Ahmed

Vehicle remarketer Manheim has signed a two-year deal with Heritage Automotive for the supply of part-exchange vehicles to its Bristol auction centre.

Heritage Automotive has 11 sites across South West England, and holds franchises for Audi, Skoda, and Volkswagen vehicles.

Manheim’s auction centre offers 75,000 used cars, and the deal will see 3,000 part exchange vehicles be supplied to Manheim each year.

Darren Cook, used car director from Heritage Automotive said: “We are very pleased to be continuing our relationship with Manheim, which holds very similar values.”

Tim Hudson, managing director of inventory solutions at Cox Automotive UK, Manheim’s parent, said: “We have made a huge investment in the Manheim Bristol auction centre in the past year. Our new inspection system and 360-degree imagery booths present every vehicle in the best possible way and our team members work hard to deliver the greatest performance and service for our customers.”

Stock Insight tool launched

Cox Automotive UK introduced Stock Insight, a technology product from its data solutions division, made available to Motors.co.uk customers.

The technology features a dashboard, and Cox Automotive UK says it provides data about factors that may affect sales, such as pricing and days in stock. Stock Insight also uses wholesale auction data from Manheim.

Allison Nau, managing direct of Cox Automotive Data Solutions, said: “Our clear, easy-to-understand insights give dealers actionable alerts that allow them to optimise their stock through a single dashboard, which integrates directly with their Motors.co.uk listings.”

Martin Forbes, managing director of retail and media solutions at Cox Automotive UK, said: “We have unique access to data from the complete vehicle lifecycle, and our data solutions business will capitalise on this, providing our clients with exclusive market data and insights to help them make better decisions for their businesses.”

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