December 2014.

“The only sector registering a fall in first-time conversion was Late and Low, dropping by 0.8% from 72.7% to 71.9%. As with other months an increasing new car market has brought with it a significant uplift in the number of used vehicles returning to the wholesale market, many of which were sold in December to eager buyers. As forecast in previous reports, fleet vendors have seen their numbers returning increase, with sales volumes up 33.4% in December 2015. Notwithstanding the holiday period, it has been a very successful month for the auction houses.

“Despite a large amount of volume being sold in December, January has seen significant numbers of vehicles available from the first sale on 4 January. Fleet returns continue to arrive on sites in good numbers,editors: NAMA is the auction division of the RMI. NAMA market information is based on data supplied by its National members operating in the remarketing sector. The monthly sample size is up to 90,000 vehicles. The full report is available on request.

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

NAMA RECEIVES OUTSTANDING CONTRIBUTION TO THE MOTOR INDUSTRY AWARD

The National Association of Motor Actions (NAMA) received the award for ‘Outstanding Contribution to the Motor Industry’ at last night’s Institute of the Motor Industry (IMI) Annual Dinner.

NAMA has been recognised for