Manheim Auction Services is investing in a new Gloucester super centre, offering light commercial, heavy goods and plant vehicles, as well as a range of machinery.
The investment will transform the Manheim site at Gloucester into a specialist facility for LCV, HGV, plant and equipment sales spanning nine acres.
A new sales programme starting this autumn will see approximately 1,000 vans and trucks auctioned each month – creating the largest in-lane physical auction for commercial vehicles in the UK, according to the firm.
Manheim estimates over £15m worth of vans, trucks and plant will be sold each month via the new fortnightly sale event, with as many as 5,000 buyers attending in-person and online.
LCV and HGV stock will be auctioned in parallel – marking a UK first – with all vehicles available for viewing before being driven through the auction lanes.
Liam Quegan, Cox Automotive’s managing director, wholesale, said: “The commercial vehicle sector is experiencing an exhilarating return to form. This investment reflects demand and signals our growth intent and ambition to give our customers the best auction experience.
“Our Gloucester site has a rich heritage in the LCV sector and this new chapter will create that same reputation in the HGV market. There’s a strong overlap of vendors and buyers with an interest in both vans and trucks, and they are chomping at the bit for a bigger, better, more concentrated physical auction experience. This move delivers on that ask.”
Matthew Davock, director of commercial vehicles for Manheim, added: “Our ambition with Manheim Gloucester is to make every sale an event, packed with energy, with LCV and HGV class assets that buyers can physically touch, see and hear. We’re aggregating more stock into a fortnightly sales programme delivered by a team focused only on commercial vehicles. The reaction from team members and customers to this news has been overwhelming and I can’t wait for the gates to open!”
Further details on the sales programme will be available later this month.
