The company attributed the success to a blend of growth in all markets, an expanding geographic footprint and investment in digital channels, innovative services and customer experience.
Recent developments include expansion into the Brazilian market in 2013 and the building if new auction supercentres at Barneveld in the Netherlands and Vejle in Denmark in 2014. In the UK, work will commence on a new remarketing hub at Perry Barr in the West Midlands later this year.
BCA has also significantly enhanced its digital platform, launching a new search engine, improving vehicle imagery and appraisal services and introducing an online payments service. BCA’s digital capability was further enhanced with the recent acquisitions of UK-based Autos-on-Show and Tradeouts.com. Both companies will deliver future growth opportunities in the competitive digital marketplace across Europe.
New BCA products continued to deliver significant market growth in 2014, including BCA Dealer Pro and BCA Market Price. Additionally BCA launched a new stock funding service, BCA Partner Finance.
Jon Olsen, BCA CEO, commented: “Last year marked an important milestone for our company as we passed one million vehicles sold for the first time on record. We are building on that success in 2015 and will sell more vehicles on behalf of more sellers through all our sales channels to more buyers this year. Our journey continues and we will maintain our great tradition of entrepreneurial innovation and growth.”
Jean-Roch Piat, BCA Europe regional managing director, added “The BCA team is focused on growth and efficiency, utilising innovative services and creative implementation of digital sales channels to reach our customers. BCA is evolving the wholesale used vehicle sector across Europe and there are exciting times ahead for the industry.”
