Andy Pearce named new MD at CD Auction Group

CD Auction Group has announced Andy Pearce as its new managing director, replacing Karl Howkins, who had left the business to join Sogo.

Pearce joined the business in summer 2020 after international remarketing consultancy work and roles with Manheim and GRS and has guided the company’s record performance over the past quarter as operations director.

During the first three months of 2021, the company has seen new records set for the volumes of vehicles sold, conversion rates and the number of dealers using its digital channels to source stock.

He said: “The company has gone from strength to strength in the last few months with more vendors and buyers recognising the efficiency of our digital multi-channel approach. We continue to invest in the service to ensure that CD Auctions is the easiest place to sell and buy stock.”

March saw CD Auctions launch a new regular EV sale with stock from Tesla and a range of fleet vendors.

Furthermore, CD Auction Group has partnered with automotive technology company, Reemaq, to a launch a new logistics service for fleets.
The new service enables users to manage their transport moves and administration on one app-driven platform.

The company also plans to launch enhancements to its buyer’s app over the coming months and says it is making significant investments in its EV capabilities.