SMA Group will open its fifth auction site in the UK – in Bilston, Birmingham – this summer.

The green field site is currently being developed and will offer two auction lanes with the capacity to handle over 50,000 vehicles a year.

Chief executive Bob Anderson said: “We see this as the perfect area to continue with our expansion plans and it’ll give both our vendors and buyers in the Midlands a great new auction venue.

We’re also looking to create up to 100 new jobs for the local economy.

“With five sites, our capacity will run to 200,000 vehicles a year making us a clear alternative for the remarketing industry. We still have plans to open further sites in the future.”