The National Association of Motor Auctions (NAMA) has appointed Andrew Hulme of British Car Auctions (BCA) as its new chairman.

The appointment was announced at NAMA’s annual general meeting where Tim Hudson of Aston Barclay was also appointed as the new vice chairman.

Hulme said: ““With representation from all areas of the remarketing arena, NAMA occupies a unique position in the used vehicle industry and will be engaged in a number of important new developments over the coming months.

“We have already launched our monthly market report and plans are in hand to deliver vehicle grading and mileage data initiatives for the wider industry.”

Hulme takes over from Justin Lane who was chairman of the association for the last year.

NAMA, formerly known as The Society of Motor Auctions, changed its name on April 13.

In a statement, NAMA said: "The name change will help refocus and develop the association to reflect the modern motor auction sector.

"The survey will also allow us to make authoritative and independent market commentary as well as to engage with a wide motor industry audience.”