City Auction Group completes Rockingham development

By Gareth Roberts

10 January 2019

City Auction Group is launching an all-new dual lane, together with redeveloped inspection, valeting and presentation bays at its Rockingham facility, following a six-figure investment in the auction site over the last three months.

The complete operational aspects of the business are now situated within the City Auction Group Arena, inside the race circuit to further enhance the inspection, tactical refurbishment and presentation standards, prior to corporate sellers’ preferred remarketing route to market. This will deliver significant time and cost savings, as the auction firm moves up a gear, it said.

With just five days to go the launch dual lane sale event on Tuesday, January 15, at 10am, City Auction Group is will offer corporate vehicles and LCVs on behalf of the listed corporate vendors including PSA Finance, Vauxhall Finance, Ogilvie Fleet, RCI Financial Services, FCA, Semalease, Dawson Rentals, Honda Financial Services, Liquid Fleet, Northridge Finance, MultiFleet, Avis and Budget.

A total of 350 cars and 100 LCVs will be available at the sale event.

City Auction Group predicts its annual volume capacity in 2019 will be 100,000 passenger cars and 50,000 LCVs.

Michael Tomalin, managing director of City Auction Group, said: “We have been extremely busy over the last three months redeveloping our auction facility at Rockingham, as well as expanding our defleet and vehicle remarketing capacity.

“Our complete portfolio of defleet and remarketing services is now firmly in position and we can now look forward to developing a professional infrastructure to include inspection and collection services, vehicle storage (availability from 5-150 acres), vehicle refinishing processes and tactical refurbishment, supported by a choice of vehicle remarketing solutions.

“With 12 locations perfectly situated across the UK and Ireland, we now have the scope to manage all defleet and remarketing requirements to the highest possible standard, supported by a great team of experienced personnel and cutting-edge technologies.”