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You are here: Home1 / Louise Wallis

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Motor auctions will continue online during lockdown, says NAMA

UK News

Motor auctions members of the National Association of Motor Auctions (NAMA) have told their trade body that during the lockdowns announced on Monday 4 January for England and Scotland online auctions will continue despite the closure of non-essential retail.

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Related news:

  1. NAMA issues advice on opening to auctions
  2. Auction demand expected to ‘level out’ in March
  3. Motor auctions see rising volumes with prices remaining high
  4. It’s an ill wind…
7th January 2021/by Peter Gardner

It’s an ill wind…

UK News

Much has been written about the economic effects of the Covid-19 pandemic and the subsequent lockdown and it is fair to say that, in general, these effects are perceived as negative. However, not everyone are wringing their hands and moaning about how awful it all is – auction houses have been reporting a strong market in used vans during the month of September, with demand exceeding supply, thus pushing up used van values past last year’s levels.

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Related news:

  1. NAMA AGM auction for BEN is a record breaker
  2. NAMA AGM raises £14,150 for BEN
  3. NAMA market attitude survey optimistic about van market
  4. Motor auctions see rising volumes with prices remaining high
22nd September 2020/by Peter Gardner

Motor auctions see rising volumes with prices remaining high

UK News

Auction houses are experiencing strong vehicle values and a strong demand for stock, according to the National Association of Motor Auctions (NAMA).

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Related news:

  1. 2016 a record year for motor auctions
  2. MP visits NAMA member
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Auction demand expected to ‘level out’ in March
13th August 2020/by Andrew

Q1 2020 used car sales were stable before lockdown

UK News

The used car market in Q1 2020 saw a fall of -8.3 per cent in comparison to Q1 2019, with 1,851,919 transactions taking place. In Q1 2019, that figure was 2,020,144. However, in January and February, the market had grown by +2.9 per cent and +4.0 per cent respectively compared to their figures in 2019, showing the used car market had a strong start to the year. The COVID-19 outbreak, and subsequent halt of auction transactions however meant March sales fell -30.7 per cent, causing the quarter overall to indicate a reduction of sales.

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Related news:

  1. 2016 a record year for motor auctions
  2. Used car volumes set to increase in September due to plate change
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Used car market ends 2019 with increase in Q4
15th May 2020/by Andrew

NAMA issues advice on opening to auctions

UK News

Following the government closure of auctions due to the ongoing coronavirus outbreak, NAMA has looked at ways in which its members can maintain operations and continue to sell vehicles to customers safely.  “We have issued guidance for our motor auctions to give them advice on how they can effectively and safely maintain their business activities during the current lockdown,” said Louise Wallis, head of the National Association of Motor Auctions (NAMA) regarding the opening of motor auctions during the COVID-19 restrictions.

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Related news:

  1. 2016 a record year for motor auctions
  2. MP visits NAMA member
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Q1 2020 used car sales were stable before lockdown
12th May 2020/by Andrew

Auction demand expected to ‘level out’ in March

UK News

“Following the past few months of strong volume growth, respondents to the survey are expecting volumes to stabilise during March,” 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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Related news:

  1. 2016 a record year for motor auctions
  2. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  3. Auctioneers expect volumes to increase in April
  4. Used car volumes set to increase in September due to plate change
13th March 2020/by Andrew

Used car market ends 2019 with increase in Q4

UK News

The used car market saw a growth of 2.4 per cent in the last quarter of 2019 with 1,804,343 transactions. Overall in 2019, the used car market finished almost on par with the previous year with a marginal decline of -0.1 per cent and a total of 7,935,105 sales. Used petrol declined by -0.3 per cent, diesel -0.6 per cent, while combined alternative fuel vehicles grew by 23.4 per cent. Transactions of Euro 6 diesel models were up 32.5 per cent.

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  1. NFDA on CTSI consumer law guide for used car industry
  2. 2016 a record year for motor auctions
  3. Used car volumes set to increase in September due to plate change
  4. Q1 2020 used car sales were stable before lockdown
13th February 2020/by Andrew

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

UK News

“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.

Read more

Related news:

  1. 2016 a record year for motor auctions
  2. Auction demand expected to ‘level out’ in March
  3. Used car volumes set to increase in September due to plate change
  4. Used car market ends 2019 with increase in Q4
12th November 2019/by Andrew

Used car volumes set to increase in September due to plate change

UK News

National Association of Motor Auctions (NAMA) members are positive about the prospects of used cars following the number plate change. “More than 80 per cent of NAMA members are expecting vehicle volumes to increase or remain steady in September. The increase will be promoted by the number plate change with both dealer part-exchanges and leasing company de-fleets arriving at remarketing centres,” said Louise Wallis, head of NAMA, commenting on the latest figures from NAMA’s market attitude survey.

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Related news:

  1. NAMA AGM raises £14,150 for BEN
  2. NAMA predicts ‘strong February’ for motor auction sector
  3. NAMA market attitude survey optimistic about van market
  4. Auction demand expected to ‘level out’ in March
13th September 2019/by Andrew

NAMA raises £24k for GOSH

UK News

The National Association of Motor Auctions (NAMA) raised a phenomenal £24,000 at its annual AGM in May. A cheque was presented to representatives from Great Ormond Street Children’s hospital at the recent executive meeting.

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Related news:

  1. NAMA AGM auction for BEN is a record breaker
  2. NAMA AGM raises £14,150 for BEN
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Used car market ends 2019 with increase in Q4
11th July 2019/by Andrew

NAMA market attitude survey optimistic about van market

UK News

Findings of the latest NAMA market attitude survey show that the general feeling continues to be that the Euro 6 van market will remain strong. Nearly half of respondents (46 per cent) expect Euro 6 van values to increase and the same percentage believe they will stay stable. By contrast, over half of respondents expect values to decline in the pre euro 6 van market. “NAMA members expect the Euro 6 van market to stay strong as Government clean air policies encourage businesses to purchase these vehicles” said Louise Wallis, head of the National Association of Motor Auctions (NAMA).

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Related news:

  1. Used car volumes set to increase in September due to plate change
  2. Auctioneers expect volumes to increase in April
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Used car market ends 2019 with increase in Q4
4th July 2019/by Andrew

MP visits NAMA member

Company News, UK News

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

Read more

Related news:

  1. 2016 a record year for motor auctions
  2. Auction demand expected to ‘level out’ in March
  3. NAMA issues advice on opening to auctions
  4. Motor auctions see rising volumes with prices remaining high
31st July 2018/by Andrew

NAMA AGM raises £14,150 for BEN

Career Tracks, UK News

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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Related news:

  1. NAMA AGM auction for BEN is a record breaker
  2. NAMA’s 50th AGM raises £24,000 for Great Ormond Street
  3. MP visits NAMA member
  4. Vehicle volumes set to fall as used car market enters final quarter says NAMA
9th May 2018/by Andrew

NAMA AGM auction for BEN is a record breaker

UK News

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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Related news:

  1. NAMA AGM raises £14,150 for BEN
  2. NAMA auction raises £10,700 for BEN
  3. MP visits NAMA member
  4. Vehicle volumes set to fall as used car market enters final quarter says NAMA
24th May 2017/by Andrew

2016 a record year for motor auctions

UK News

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).

Read more

Related news:

  1. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  2. Auction demand expected to ‘level out’ in March
  3. Conversion rates set to improve in August, predict NAMA members
  4. Used car volumes set to increase in September due to plate change
31st January 2017/by Andrew

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