USS Group reports strong second-quarter used car auction growth
USS Group reported strong preliminary results for its used car auctions for the second quarter (July 1 to September 30, 2025) and the first half (April 1 to September 30, 2025) of the fiscal year ending March 31, 2026. For the second quarter, vehicles consigned increased by 11.3% compared to the prior year, with vehicles contracted rising by 10.2%. The contract completion rate for this period stood at 68.6%, slightly down from 69.2% a year earlier.
Looking at the first half of the fiscal year, vehicles consigned surged by 15.9% year-over-year, while vehicles contracted grew by 8.9%. The contract completion rate for the six-month period was 65.6%, a decrease from 69.8% in the previous year.
Regionally, Tokyo and Nagoya exhibited strong performance in both consigned and contracted vehicles, contributing to the overall positive trends. The data underscores robust activity in the used car auction market for USS Group.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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