Tag: Auctions

Vehicle volumes set to fall as used car market enters final quarter says NAMA

12th November 2019 | 0 Comments

“Half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no different,” said Louise Wallis, head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.

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Conversion rates set to improve in August, predict NAMA members

8th August 2019 | 0 Comments

The latest National Association of Motor Auctions’ market attitude survey has found that more than 50 per cent of members expect conversion rates to increase in August. “This has been assisted by the volume of vehicles coming though remarketing centres which has meant buyers have had less vehicles to choose from and has in turn increased conversion rates of those vehicles that are available to buy,” said Louise Wallis, head of NAMA.

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NAMA’s 50th AGM raises £24,000 for Great Ormond Street

23rd May 2019 | 0 Comments

The National Association of Motor Auctions (NAMA) held its annual AGM on the 18 May in the Algarve, Portugal. A charity auction in aid of Great Ormond Street Children’s hospital took place following the AGM, raising £24,000.

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Auctioneers expect volumes to increase in April

2nd April 2019 | 0 Comments

The National Association of Motor Auctions’ (NAMA) market attitude survey shows that most auction centres expect to see petrol and diesel car values remain stable, with only five per cent of respondents expecting a decrease in petrol prices and 15 per cent expecting a drop in diesel. Values of Alternative Fuel Vehicle (AFV) which include hybrid and electric vehicles are thought also to remain steady during April, although unlike petrol and diesel, some members have indicated that these values could actually increase as demand for them steadily rises.

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NAMA predicts ‘strong February’ for motor auction sector

4th February 2019 | 0 Comments

James Tomlinson, chairman of The National Association of Motor Auctions (NAMA), has revealed an optimistic outlook from the association’s latest sentiment survey. “February looks set to be a strong month for motor auctions, with the majority of sites expecting both volumes and conversion rates to increase,” he said.

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2018 ‘best year ever’ for motor auctions

2018 ‘best year ever’ for motor auctions

24th January 2019 | 0 Comments

“The overall used car market reached record highs in 2018, despite pressures in the new car market with the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) in September”, said James Tomlinson, chairman of The National Association of Motor Auctions (NAMA).

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MP visits NAMA member

MP visits NAMA member

31st July 2018 | 0 Comments

Kemi Badenoch MP visited National Association of Motor Auctions (NAMA) member, Aston Barclay Car Auctions in Chelmsford on Thursday 26 July.

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NAMA AGM raises £14,150 for BEN

9th May 2018 | 0 Comments

The National Association of Motor Auctions (NAMA) held its annual AGM on the 28 April in Lisbon, Portugal. A charity auction in aid of BEN – the automotive industry charity, took place following the AGM, raising £14,150.

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Dunlop’s global motorsport family unites to help Macmillan

29th September 2017 | 0 Comments

The global Dunlop Motorsport organisation has taken part in the World’s Biggest Coffee Morning – dubbed Dunlop’s Fastest Coffee Morning in recognition of the participation of sporting stars – to raise funds and awareness for Macmillan Cancer Support, the brand’s corporate charity. The events taking place today (Friday 29 September) included contributions from Drivers and team members from the Dunlop MSA British Touring Car Championship, FIA World Endurance Championship and European Le Mans Series.

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CD Auction Group expands with opening of new LCV remarketing centre

CD Auction Group expands with opening of new LCV remarketing centre

30th May 2017 | 0 Comments

CD Auction Group, the online vehicle remarketing and fleet support company, is expanding its operations in Corby with an additional site featuring a 24-hour, 7-days a week vehicle reception centre.

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NAMA AGM auction for BEN is a record breaker

NAMA AGM auction for BEN is a record breaker

24th May 2017 | 0 Comments

The National Association of Motor Auctions (NAMA) held its annual AGM on 20 May in Belfast. A charity auction in aid of automotive industry charity BEN took place following the AGM, raising a record-breaking £17,450.

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2016 a record year for motor auctions

31st January 2017 | 0 Comments

2016 saw record used car sales of 7.7 million and this translated into a very busy year for auctions, as dealers bought cars to fill forecourts to meet consumer demands. “Following what could be described as an uncertain political and economic climate, 2016 marked a strong performance from the UK motor auction sector”, commented Louise Wallis, head of The National Association of Motor Auctions (NAMA).

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‘69 Mini to be auctioned for Prostate Cancer UK

‘69 Mini to be auctioned for Prostate Cancer UK

8th November 2016 | 0 Comments

On Saturday, 12 November a recently restored special red 1969 Morris Mini Super Deluxe will be auctioned at the Lancaster Insurance Classic Motor Show. The one family owned classic, with 33,000 miles on the clock, will be finding a new home through Silverstone Auctions NEC Classic Motor Show Sale with all proceeds going directly to Prostate Cancer UK.

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Graham Howes appointed Commercial Director of CD Auction Group

20th September 2016 | 0 Comments

CD Auction Group has announced the appointment of Graham Howes, who joined the company over the summer, as Commercial Director. He will be responsible for further building on the success of the group over the past two years and developing relationships with existing vendors and buyers to ensure they continue to receive high quality, personal service as the group grows.

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CharityStars auctions Prince William’s Royal Range Rover

CharityStars auctions Prince William’s Royal Range Rover

9th August 2016 | 0 Comments

A top of the range 4x4 used by Prince William to transport his son George home from hospital following his birth three years ago is being auctioned for the charities Sun Screen IT and Stand Down.

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