Car remarketer CD Auction Group is to create a new division targeted at its fleet, leasing and contract hire customers.
The new division, CD Fleet Services, will include vehicle remarketing through the group’s online digital auction, fleet management from the group’s Pool Fleet Management service as well as transport, refurbishment and logistics operations.
CD Fleet Services will have its own corporate identity and website (www.cdfleetservices.com).
Andy Brown, managing director of CD Auction Group, said: "CD Fleet Services will focus its efforts on the fleet, leasing and contract hire sector in order to maximise value and operational efficiency for our customers across a whole range of services, not just remarketing.
"Meanwhile, our new Cars Direct sales division will concentrate on our motor retail buyer customers to ensure they get the high quality, nationally-sourced stock they are looking for."
The launch of CD Fleet Services and Cars Direct is the first in a series of strategic decisions to be made since Brown joined the group as managing director in August last year.
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By GlobalData