AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Iveco Ford joins used truck market

16th January 1997
Page 8
Page 8, 16th January 1997 — Iveco Ford joins used truck market
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• Less than a month after Mercedes-Benz revealed its plans set up a used truck retail centre in the Midlands 1C/v1 19 Dec 1996-1 Jan 1997), Iveco Ford aims to have two wholly-owned UK used truck retail centres up and running before the end of the year. They are expected to handle up to 2,500 units a year.

Commercial operations director Roger Phillips says the first site will be opened before the middle of the year; CM understands it will be in the south of England. Iveco Ford is prepared to invest at least El m in the site. "It won't be short of working capital," says Phillips. As part of the company's latest push into the used market, its sites will take vehicles from a variety of sources, not just TruckSure Services—the company that guarantees residual values to the Iveco Ford dealer network.

Operators will also be offered a number of finance packages on used vehicles, which will be fully refurbished, says Iveco Ford.