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Steady as she goes

25th August 2005, Page 74
25th August 2005
Page 74
Page 75
Page 74, 25th August 2005 — Steady as she goes
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Which of the following most accurately describes the problem?

Following improved performances in the used truck market during 2004 this year is all about consolidation. Commercial Vehicle Auctions in Doncaster is a case in point.

When Charlie Wright compared the current level of business at Commercial Vehicle Auctions' Doncaster site with the same period last year he found it was almost identical. And considering last year's growth across the entire used truck market that consolidation has to be good news.

Export market

But the nature of that business is changing; not least the rise in the export market. Having used UK-based trade to open the door, overseas buyers are increasingly trying to cut out the middleman.

Wright reports there was "a bit of grief' when buyers started dealing direct at auction —not least when they tried to change the vehicles they had bought — but introducing a £1,000 deposit helped stamp out these 'buy and query' episodes, Nevertheless, new faces continue to arrive in the UK, introducing new markets such as the Sudan to British trucks.

Unwanted in the UK Vehicles heading overseas range in age from 1994 to 2001 though few are younger than 1998;in other words vehicles that are pretty much unwanted in the UK.

While dealers are missing out on some overseas sales, they have taken over the role of supplying the right type of export vehicles to auctions.

It is an ingenious transition that maintains the traditional links between traders, auctioneers and exporters. •

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People: Charlie Wright

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