Ridgeway signs new remarketing agreement with Manheim

Time 9:09 am, April 21, 2016

RIDGEWAY, one of the UK’s 20 largest motor retail groups, has signed a new agreement with Manheim to continue its relationship as solus remarketing provider.

The three-year deal will see around 18,000 vehicles sold through Manheim’s Bristol auction centre.

Ridgeway, which will celebrate its 20th anniversary in 2017, ranked 12th in the 2014 Sunday Times Top Track 250 league table of Britain’s leading mid-market private companies and currently employs over 1,200 staff across the south of England.

The renewed agreement with Manheim covers part-exchange stock from Ridgeway’s 26 premium manufacturer retail sites. More than 150 cars will be offered for sale at Manheim’s Bristol auction centre every week.

Since 2012, when Manheim became exclusive remarketing provider for Ridgeway, the motor retail group has raised more than £19,000 through its auctions for the automotive charity BEN.

John O’Hanlon, Ridgeway’s chief executive, said: ‘We are dedicated to offering customers the highest levels of quality, both in products and services.

‘It is important for us to work with a remarketing provider that shares that commitment, and Manheim has delivered consistently high performance over the past three years.’

Tim Hudson, managing director for Manheim Remarketing, said: ‘Like Ridgeway, we are just as passionate about our customers as we are about the vehicles we sell, ensuring that we deliver value and service excellence.

‘It’s great to be continuing our relationship with Ridgeway for the next three years.’

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Dave Brown's avatar

Dave, production editor on Car Dealer Magazine, is a journalist with more than 30 years' experience in the worlds of newspapers, magazines and public relations.

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