Auction News

Park Village Auctions (PVA) will host its next national simulcast auction featuring an exceptional fleet of 39 Mercedes-Benz Actros 2645LS/33 truck tractors, alongside a large inventory of commercial vehicles, yellow metal, and plant equipment. The Mercedes-Benz fleet, comprising various FS, CKD5, and EURO 3 models (ranging from 2022-2023), represents a rare opportunity for transport and […]

Prolonged economic challenges continue to put pressure on South African businesses, making proactive financial management even more critical. As an organisation that has assisted with asset disposal in hundreds of Business Rescue and Liquidation matters, Park Village Auctions (PVA) suggests that financially distressed companies should consider business rescue as a viable alternative to liquidation. Business […]

Park Village Auctions (PVA) is poised to host a month-end liquidation and bank-repossessed commercial asset auction. This time, the company has secured an impressive line-up of rigid trucks, truck tractors, trailers, earthmoving and specialised industrial equipment. The sale is set to commence at 11:00 on Thursday, 31 July, simulcast online and from strategic venues throughout […]

Park Village Auctions (PVA) is proud to bring to market a particularly grand penthouse suite in the Embassy Towers, “an icon within Sandton’s Golden Mile,” on Wednesday, 30 July. Embassy Towers, located at 175 Empire Place, Sandhurst, Sandton, is one of the multi-SAPOA Award-winning Kent Gush Properties’ ultra-luxury residential developments. It boasts 12 storeys of […]

South Africa’s automotive landscape is set for a pivotal third quarter, with the used car market firmly maintaining its dominance over new vehicle sales, according to industry veteran Clive Lazarus, Director at Park Village Auctions. “While new car sales are showing signs of life, the real action is still in the used market. Buyers are […]