The wholesale vehicle market continued to show resilience through June, with stable pricing and improving conversion rates
The UK’s wholesale used vehicle market maintained steady performance in May, according to NAMA, with conversion rates dipping slightly amid seasonal pressures.
The National Association of Motor Auctions (NAMA) is urging sellers to maximise the residual value of their vehicles by taking full advantage of its used grading system to offer maximum asset performance.
The UK’s wholesale used car market remained stable in the lead up to Easter, but there are signs of deflation, according to the NAMA.
The wholesale vehicle market is enjoying an extremely positive first quarter of 2025, with demand continuing to outstrip supply, according to the National Association of Motor Auctions (NAMA).
The first half of the year has seen unprecedented activity for used light commercial vehicles (LCVs) driven by strong demand and ongoing de-fleet initiatives, reports Cox Automotive.
Ian Wilson, managing director of Wilsons Auctions, has been honoured with the inaugural National Association of Motor Auctions’ (NAMA) Hall of Fame Award
The National Association of Motor Auctions’ (NAMA) is launching a LCV grading standard on July 1 to help dealers select good quality used vans and pick-ups.
The auction market is proving resilient with prices achieved and conversion rates showing healthy levels of demand, according to NAMA.
The Retail Motor Industry Federation (RMI) is set to trial an Electric Vehicle Approved (EVA) accreditation scheme in the used car remarketing sector.
Car retailers’ used car forecourts are unlikely to benefit from “significant volumes” of additional stock as a result of the sector’s seasonal September sales boost.
The National Association of Motor Auctions (NAMA) has revealed its new strategy for 2022-23, which includes a focus on alternative fuels and electric vehicles (EVs).
The National Association of Motor Auctions (NAMA) has appointed Fleet Auction Group (FLAG) chief executive Andrew Walker as its new chairman.
A new online platform has launched that showcases stock from all National Association of Motor Auctions (NAMA) members in one place.
Auction companies are predicting that values for used petrol and diesel cars will remain strong as the country emerges from lockdown and consumer confidence improves.
The National Association of Motor Auctions (NAMA) has said that first-time conversion rates are set to rise as used car demand increases with the easing of COVID-19 lockdown restrictions.
Cox Automotive has confirmed that it will continue to operate all its UK businesses during the latest national Coronavirus lockdown.
Car auctions have indicated that it will remain business as usual for stock-sourcing dealers during the latest COVID-19 lockdown across the UK.
Members of the National Association of Motor Auctions (NAMA) have told the organisation that it remains “business as usual” at their remarketing centres, despite the ongoing COVID-19 crisis.
The used car market could be on course for a similar “market correction” to that seen in May last year after car dealers and remarketing companies flew out of the blocks post-lockdown.
