Lithia and BCA agree 5-year remarketing contract

BCA and Lithia have agreed a new exclusive five-year remarketing contract. BCA owner Constellation’s executive chairman Avril Palmer-Baunack said she was “delighted” Lithia’s exclusive remarketing deal will run until 2029 “and that they have trusted and invested in our partnership with their new consolidated UK group of companies and leadership”.

Lithia is described as the third-largest automotive group in the US and one of the largest in the UK, operating around 200 retailers under the Stratstone and Evans Halshaw brands.

“BCA delivers a range of innovative remarketing programmes that maximise digital engagement and generate the best possible buying power for our stock,” said Lithia UK CEO Neil Williamson.

“BCA’s logistics network, auction footprint and sales capability represent the most efficient volume remarketing model serving the UK used vehicle sector.”