Remarketing agreements with Manheim
extended

GMAC Finance and FCE Bank have extended their agreements with
Manheim Auctions
The auction company will dispose of vehicles returned to GMAC
through early termination, repossession or from PCP customers for
three more years from 2009.

Manheim will run a dedicated sales programme for GMAC’s fully
reconditioned stock at five of its auction centres – Bristol,
Birmingham, Glasgow, Rotherham and Wimbledon. 

Cooperation between GMAC and Manheim Auctions started in 1999.
With the current deal, the number of cars being disposed of
annually will increase to around 9,000.

FCE Bank, meanwhile, will have seven dedicated monthly sales for
its stock at Manheim’s sites, with two Ford and Mazda sales per
month at Haydock and two at Rotherham, Land Rover and Jaguar sales
at Rotherham, and a Jaguar, Land Rover and Volvo sale at
Colchester. CV sales days will also occur on a monthly
basis.

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