The Retail Automotive Alliance (RAA) has renewed its remarketing deal with Manheim for a further four years, as the businesses celebrate 10 years working together.
The RAA has used Manheim’s auctions for the wholesale of its members’ part-exchange vehicles since 2006 and expects to sell around 25,000 units per year until 2020 – a total volume of 100,000 for Manheim.
The RAA’s 22 members include motor dealer groups across the UK, selling almost 200,000 new and used cars annually through a total of more than 200 sales outlets, representing 26 motor franchises.
Its members’ part-exchange stock will be sold at 11 of Manheim’s UK auction centres, with 15 regular sales for both cars and commercial vehicles.
John Matthews, the RAA’s Business Development Director, said:
“Following a six month tender process, the RAA has re-established vehicle auction as a core programme with Manheim as its principal partner. “We have enjoyed a close and effective relationship for over a decade and the new deal means our growing membership will enjoy an improved and simplified package from Manheim which will enable us to better leverage the considerable RAA volume and make full use of their service proposition.”
With a turnover of £2.7 billion, the RAA is among the top five UK motor retailers.
The car sales programme for the RAA will take place at Birmingham, Bristol, Colchester, Leeds, Manchester, Mansfield, Plymouth, Washington and Wimbledon. Commercial vehicle sales will run at Colchester, Gloucester, Haydock, Mansfield, Plymouth and Washington.
Author: Jeremy Bennett