Retail Automotive Alliance reaffirms strong relationship with cap hpi
UK’s most influential dealership co-operative chooses cap hpi’s award winning services to propel its profitability in the new post pandemic world.
May X, 2021, LONDON – cap hpi, part of Solera Holdings, Inc., a global leader in risk and asset management data and software solutions for the automotive industry, today announces that the Retail Automotive Alliance confirms the retention of their partnership started in 2018.
The Retail Automotive Alliance, the UK’s, only joint venture purchasing organisation of 27 motor dealer group members and cap hpi, have today reconfirmed their strong relationship continues with the provision of cap hpi’s award winning services to all 27 members of the Group.
All 27 members of the RAA voted unanimously in favour of retaining the famous HPI Check and CAP valuation services, recognising both the strong partnership cap hpi has built up with the RAA through the accuracy of its products and the strength of the service offering the company provides them.
Speaking of the RAA’s decision, Wendy Swaine, Head of Retail Sales for cap hpi said:
“I am very proud and excited that all 27 shareholders agreed that their future lies with the extensive and comprehensive services of cap hpi. The Alliance members have benefited from the breadth, depth and accuracy of our award-winning solutions and customer service, and we look forward to continuing to develop these services for the benefit of all 27 members moving forward.
“The RAA is a truly unique and very successful organisation within the UK dealership world and continues to grow year-on-year. We’re delighted to be part of that continued success.”
John Matthews, the Business Director of the RAA said: “Our Alliance continues to attract new shareholders and more suppliers and this last year has been no exception. We now have a combined turnover of £3.4bn, with the RAA ranked 5th in the UK’s top 10 car retailers. If ever it were needed, this pandemic has highlighted that we must continue to adapt and develop new ways to drive profitability and efficiency and cap hpi continues to demonstrate their ability to provide us with not only the right services at the right time, but also a tangible commercial value which increases the closer we work together.”
This partnership means every member of the RAA will benefit from cap hpi’s extensive set of accurate, integrated valuation services and more than 80 separate data points about the history of a vehicle, including stolen vehicles, outstanding finance, insurance write-offs, mileage discrepancies, logbook checks.
