TKS, an asset auditing and risk management specialist, has recently teamed up with vehicle remarketing technology business MOTOM, to provide vehicle remarketing services in the UK.

TKS uses technology to digitalise the auditing processes for clients across vehicle stocking, leasing, commercial assets, compliance and risk management. By partnering with technology-enabled MOTOM business, TKS is able to quickly and efficiently assist in the remarketing and sale of recovered stock, according to a press release.

Working with clients in recovery audits or ‘clean up operations’ and through MOTOM, TKS said it now has an additional route to market for those occasions when vehicles need to be sold quickly. MOTOM provides an effective solution to remarket vehicles to the wholesale market, where vehicles are sold in minutes rather than hours, or days as with traditional remarketing solutions.

Speaking about the collaboration, Christian Pawsey, director and country manager at TKS said “we are really excited about this opportunity to work closely with the emerging technology business MOTOM, especially in the current economic climate where being able to respond and move stock swiftly, can be vital for our business partners and clients”.

Julian Humphreys, co-founder and CEO of MOTOM said “MOTOM adds speed and efficiency to the remarketing process and where repossessed vehicles are involved time is of the essence for the funder to recover its funds.”

TKS was established in Spain in 2006 and opened its UK office in 2018. MOTOM is made up of fleet, leasing and finance sector specialists, including chief executive officer, Julian Humphreys, chief commercial officer Mel Goodliffe, chief technology officer John Leightley, and chief financial officer Lisa Edwards.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Car retailers face tough times ahead as market slows in 2022